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Vig Re’s profit up nearly 15%

Posted On: Mar. 24, 2023 9:49 AM CST

Financial results

Czech Republic-based reinsurer Vig Re Zajistovna AS’ pre-tax profit grew by 14.6% year-on-year to €30.7 million (33.39 million), driven by an underwriting result of €38.5 million and a net combined ratio of 91.9%, Xprimm reported. The reinsurer’s gross written premiums increased by 19.7% year-on-year to €792.3 million.