AUSTRIA: GENERALI GROWING IN THE EAST
Article Abstract:
Generali Holding Vienna AG, which is active in Austria, Poland, the Czech Republic, Slovakia, Hungary, Romania and Slovenia, saw a 34.4% increase in premiums from outside Austria in year 2000. Premium income from the Austrian market grew 2%. Premiums from non-life insurance increased 4.9% to Sch 19.9bn, while life assurance premiums grew 8.4% to Sch 10.4bn. The profit for the year of Generali Holding Vienna AG fell from Sch 495.3mn to Sch 262.1mn and that of the group from Sch 815.4mn to Sch 302.3mn.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
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AUSTRIA: GENERALI RESULTS FOR 1999
Article Abstract:
The Austrian Generali insurance group saw an increase in profit on ordinary activities from Sch 320mn to Sch 572mn in 1999. While non-life premiums stagnated, premiums from life insurance business increased 11.1% to Sch 5.9bn and accounted for more than half of overall premium income. Medical insurance premiums increased 3.2% to Sch 1.6bn. Generali expects the reduction of guaranteed yield for new life policies at the beginning of July 2000 to result in increased sales in the first half.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2000
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AUSTRIA: MEDICAL INSURANCE PREMIUMS TO RISE
Article Abstract:
Werner Reimelt, chief executive of the insurance company Merkur, expects the premiums of
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2000
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