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Vienna Insurance Group - Preliminary Results for the financial year 2018
22.03.2019 15:15
Vienna Insurance Group with top results for premiums and profit before taxes in 2018 (preliminary results)
Proposed dividend for 2018 and profit forecast for 2020 again increased
Total premium volume increases to around EUR 9.7 billion (nearly +3 percent)
- Profit (before taxes) rises to around EUR 485 million (close to +10 percent)
- Combined ratio significantly improved to 96.0 percent (-0.7 percentage points)
- Dividend of EUR 1.00 per share proposed (+11 percent)
- Profit forecast for 2020 increased by around +10 percent
- More than 150 digitalisation projects in the process of implementation
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