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VIG Reaches Record in Group Profits

Published: March 29, 2012; 11:10 · (Vindobona)

Vienna Insurance Group registers an increase in Group profit (before taxes) by 10.1 percent to about € 560m. VIG proposed a dividend increase of 10 percent to € 1.10 per share.

VIG Reaches Record in Group Profits / Picture: © Vienna Insurance Group / Robert Newald

“The strategy of Vienna Insurance Group focuses on growth, while boosting revenue. We achieved our goals also in the year 2011 – although the framework conditions are currently not optimal”, explained Günter Geyer, CEO of Vienna Insurance Group. “The confirmation of our excellent “A+“ rating with a stable outlook by Standard & Poor’s highlights the solid foundation as…

This article includes a total of 1460 words.

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