VIG Re: Significant Improvements in Results

Professional Services › Insurance ♦ Published: May 3, 2011; 11:30 ♦ (Vindobona)

The premium volume of the Czech subsidiary of the Vienna International Group rose by 9.1% to € 280.6m.

VIG Re: Significant Improvements in Results / Picture: © Vindobona.org

VIG Re has completed the 2010 fiscal year 2010 with very positive results. The profit (before taxes) increased by 28.6% to € 18.6m. The premium volume of VIG Re rose by 9.1% to a total of € 280.6m. About 77% of the premiums are attributable to the property/casualty area, 15% to the health insurance segment and 8% to life insurance. The combined ratio stood at 96.1% in…

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