VIG Raises Dividends Due to Excellent Results

Businessn.a. ♦ Published: January 24, 2012; 11:55 ♦ (Vindobona)

Premium income went up by 3.4 percent to € 9bn, profit increased by about 10 percent to nearly € 560m.

VIG Raises Dividends Due to Excellent Results / Picture: © Vienna Insurance Group / Votava

“With the preliminary data for 2011 Vienna Insurance Group demonstrates once more that it is operating successfully even against the background of difficult economic conditions. Pursuing our consistent strategy, we have achieved a sizeable growth, as expected. Despite partly significant fluctuations of important CEE currencies, we report a substantial increase in premiums of 3.4…