Vienna Insurance Group's Serbian unit Jan-Sep profit before tax up 22% y/y.

By bne IntelliNews November 28, 2012
The Serbian unit of Austria's Vienna Insurance Group (VIG) saw a 22.2% annual increase in its nine-month profit before taxes to EUR 2.2mn, VIG said in a statement.

The Serb insurer posted gross written premiums of EUR 43.1mn in the first nine months of 2012, up from EUR 39.5mn a year earlier.

Non-life gross written premiums of Serbia's Wiener Staedtische Osiguranje climbed to EUR 26.3mn in Jan-Sep 2012 from EUR 22.8mn in the like period of 2011.

The Serb unit's life gross written premiums over the period edged up to EUR 16.8mn from EUR 16.7mn.

Related Articles

Serbia's external debt up 4.7% y/y to EUR 25.4bn at end-Feb 2013.

Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more

Vip Mobile Serbia signs five-year managed services deal with Ericsson.

Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more

Telenor and Societe General possible buyers of Serbia's KBC Banka - report.

Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss