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VIG: Moderate Increase in Premiums and Earnings

Published: August 22, 2012; 11:57 · (Vindobona)

In the first half of 2012, Vienna Insurance Group´s premiums grew to about € 5.3 billion (plus 11.7 percent). The group profit (before taxes) surpasses the 300-million-euro threshold (plus 6.9 percent to € 301.7m).

VIG: Moderate Increase in Premiums and Earnings / Picture: © Vienna Insurance Group / Votava

“Despite difficult market conditions, Vienna Insurance Group has succeeded in consistently improving the result also in the current financial year“, Peter Hagen, Chairman of the Managing Board and CEO of Vienna Insurance Group, commented the development of the first six months of 2012. He explained: “Thanks to an increase in profit by almost 7 percent, we…

This article includes a total of 973 words.

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