Vienna Insurance plans to use strong capital base for new business

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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