VIG Is Staying on Course in the 1st Quarter of 2011

Professional Services › Insurance ♦ Published: May 17, 2011; 08:59 ♦ (Vindobona)

Group premiums went up by 2.9% to more than € 2.6bn. Profit increased by 7.0% to € 142.8m.

VIG Is Staying on Course in the 1st Quarter of 2011 / Picture: © Vienna Insurance Group / Votava

In the first quarter of 2011 Vienna Insurance Group earned a total of € 2.6bn of premiums written (consolidated), corresponding to a plus of 2.9% compared to the same period of the previous year. The Group profit (before taxes, consolidated) amounted to € 142.8m in the first quarter of 2011. This is a significant increase by 7.0% compared to the same period of the…

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