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International

Vienna Insurance plans to use strong capital base for new business

April 18, 2019 Reprints

Austria-based Vienna Insurance Group A.G. plans to deploy its strong capital levels to write more business this year, Xprimm.com reported. The insurer's premium income grew nearly 4% year over year to €9.7 billion ($11 billion) while pre-tax profit increased 10% to €485 million in 2018 driven by its operations in Central and Eastern Europe.

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Vienna Insurance plans to use strong capital base for new business

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