Brief: Vienna Insurance Group H1 Profit Before Taxes Up By 10.3% To EUR 277.3 Mln

Vienna Insurance Wiener Versicherung Gruppe AG

18/08/2022 07:08

Aug 18 (Reuters) - VIENNA INSURANCE GROUP AG WIENER
VERSICHERUNG GRUPPE  VIGR.VI :
    * H1 PROFIT BEFORE TAXES RISES BY 10.3% TO EUR 277.3 MILLION
    * H1 COMBINED RATIO IMPROVES BY 0.9 PERCENTAGE POINTS TO
94.3%
    * H1 PREMIUM VOLUME INCREASES BY 11.6% TO EUR 6.44 BILLION
    * H1 SOLVENCY RATIO OF VIG GROUP INCREASES TO 285%
    * THE SIGNIFICANT INCREASE WITH DOUBLE-DIGIT GROWTH RATES IS
PRIMARILY DUE TO THE NON-LIFE LINES OF BUSINESS (MOTOR
THIRD-PARTY LIABILITY EUR 975.2 MILLION, +20.3%
    * (-10.1%) FOR THE FIRST HALF OF 2022. AT EUR 202.3 MILLION,
NET
INCOME WAS 8.6% HIGHER THAN IN THE PREVIOUS YEAR
    * THE FINANCIAL RESULT (EXCLUDING THE RESULT FROM AT-EQUITY
CONSOLIDATED COMPANIES) IS EUR 315.5 MILLION
    * LIFE REGULAR PREMIUM BUSINESS ACCOUNTS FOR EUR 1,418.2
MILLION
(+4.1%)
    * LIFE SINGLE PREMIUM BUSINESS FOR EUR 485.4 MILLION
(+8.9%).

Source text for Eikon:  ID: 
Further company coverage:  VIGR.VI 

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