Insurance Post

13% growth in CEE helps VIG Group profit grow 7%

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The Vienna Insurance Group has posted a 7% increase in profit for the first half of 2012 compared to 2011, helped by a 13% growth in profit from Central and Eastern Europe.

Consolidated written premiums totalled €5.3bn, a 11.7% increase compared to the same period in 2011, while group (before tax)profit amounted to €301.7m up 6.9% on 2011.

Group profit after taxes and

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