Insurance Post

Vienna Insurance Group sees first quarter GWP increase

peterhagen

Vienna Insurance Group has posted an increase in gross written premiums for the first quarter of 2015, but posted a decrease in profits before tax.

The figure for GWP was up 0.9% from €2.73b (£1.9bn) in 2014 to €2.75bn in the same period this year, but profits before tax dropped 15.2% from €154.4m to €130.9m.

Combined ratio for the group improved

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