Insurance Post

Vienna Insurance Group sees profits climb by 22%

vienna

Vienna Insurance Group saw profits before tax rise 22% in Q1 2017 to €109.6m (£94.6m) from €89.6m in the same period last year.

The group saw its combined operating ratio improve from 97.8% in Q1 2016 to 96.9% in the first quarter of this year. Gross written premiums rose by 0.5% from €2705.8m to €2719.6m.

Elisabeth Stadler

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