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Vienna International Insurance Industry News
Read the latest headlines about developments in the international insurance industry in Vienna and Austria
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Vienna Insurance Group in Albania
Further growth achieved with the acquisition of Interalbanian.
October 21, 2010
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Vienna now has its own Expat Center
In Vienna, the first Expat Center in Austria was opened. The project was handled by the Vienna Business Agency (former WWFF).
September 30, 2010
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Austrian Financial Services Discover Immigrants as Customers
Around 1.47 million people living in Austria have a migration background. Therefore, immigrants are an important target group for business. Domestic banks have also been getting into the so-called ethnic banking recently.
September 24, 2010
Vienna Insurance Group - Pre-tax profit forecast of 10 percent expected for 2010 and 2011
During the meeting of the supervisory board of the Vienna Insurance Group AG, the managing board advised that the target increase in pre-tax profit of at least 10 percent for the current business year is to be attained as planned.
September 24, 2010
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Uniqa: Boss Klien Will Leave Mid-2011
The Supervisory Board of Uniqa has decided that CEO Konstantin Klien (59) will retire prematurely in mid 2011.
September 22, 2010
Austria's Management and Supervisory Boards’ Salaries on the Test Bench
The partly state-run OMV had the most expensive board of all Austrian corporations in 2009. In total, the oil company spent 10.2 million euro on its bosses, 23.4% more than the previous year.
September 20, 2010
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FMA publishes Q2 report on insurance industry
After getting off to a strong start in 2010, Austria's insurance industry has enjoyed a solid second quarter. Premium revenues grew in all balance sheet groups.
September 15, 2010
Allianz Austria registers profits
Allianz Austria has improved its half year results by around 45 per cent, which amounts to pre-crisis levels.
August 25, 2010
VIG registers higher semi annual profit
The Vienna Insurance Group (VIG) earned €209.8m ($266) in the first half of 2010, which is over ten percent more than a year ago. While more premiums were taken up, paid benefits decreased.
August 20, 2010
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Vienna Insurance Group: increase the proportion of TBIH to 100 percent
After taking the lead in the TBIH Financial Services Group NV (TBIH), the Vienna Insurance Group agreed with Kardan Financial Services BV to acquire its minority stake of 40 percent.
July 23, 2010
Hypo SüdLeasing Ltd. - Change in Executive Team
The position of the Managing Director was assigned to Maria Klimke as of 01/06/2010. She succeeds Ms. Nora Frischherz who left the company on 31.05.2010.
June 23, 2010
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Uniqa - First quarter with more profit and premium income
The listed company Uniqa insurance managed to increase first quarter profit and premium income.
May 28, 2010
Vienna Insurance Group in the first quarter of 2010 - Best first quarter in the corporate history
In the first quarter of 2010, Vienna Insurance Group reported a total of premiums written of EUR 2.53 billion.
May 20, 2010
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