VIG Re’s premiums up nearly 14%

Czech Republic-based reinsurer Vig Re Zajistovna AS’ gross written premiums increased by nearly 14% year-on-year to approximately €901 million ($979 million) in 2023, supported by substantial growth of the non-life treaty business, Reinsurance News reported. The insurer’s profit before tax increased to €31.6 million and after-tax to €24.4 million.