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Vienna Insurance's Romanian business drops


Austria-based Vienna Insurance Group A.G.'s pre-tax profit in Romania declined more than 51% year over year to €2 million ($2.2 million) while gross written premiums fell 21% to €116 million, Business Review reported. The insurer's total premiums across 10 European countries grew 3% to nearly €3 billion while pre-tax profit increased 9% to €127.5 million.

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