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Insurance Industry
Growth Trends in Austria's Insurance Industry
The FMA report for the 3rd quarter of 2010 indicates a light growth trend for the Austrian insurance industry.
December 15, 2010
Vienna Insurance Group Expands in Albania
The Acquisition of Interalbanian by the biggest Austrian Insurance company is successfully completed.
December 6, 2010
Vienna Insurance Group Takes a 100% Stake in TBIH
VIG now realizes an increased involvement in Turkey, Ukraine and Georgia.
November 26, 2010
Uniqa Records Sharp Rise in Premiums and Profit
Premiums went up by 10.2% to €4,655 m. Life insurance drives growth, with premiums up by 18.7% Profit increases by 142.7% to €103 m.
November 26, 2010
Allianz Austria Announces Q1-Q3 2010 Results
With good results for the first nine months, both in the investment and the core business, Allianz could increase the net operating result by 27.3%.
November 18, 2010
ATX: Institutional Investors Remain a Central Component
According to a study from Ipreo, especially Anglo American institutional investors are involved in ATX companies in addition to Austrian investors.
November 15, 2010
Vienna Insurance Group: Robust Rise in Earnings and Profits
Vienna Insurance Group experienced a rise in profits by 10,9 percent. Premiums increased by 7,1 percent to € 6.5 bn.
November 9, 2010
Vienna Insurance Group in Albania
Further growth achieved with the acquisition of Interalbanian.
October 21, 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
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
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
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
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