The success achieved by the Vienna Insurance Group in Central and Eastern Europe is shown not least by the strong premium growth posted by companies of the Group over the last few years. Vienna Insurance Group premium income has more than doubled over the past years (2004-2008). At the moment, around 50% of total premiums and more than 60% of premiums in the property and casualty area are now being earned in CEE markets. Profit before taxes has more than tripled since 2004. The Company hence continues to be one of the fastest-growing insurance groups in Europe.
In spite of difficult times, the Vienna Insurance Group in 2008 successfully implemented its strategy, continuing to consolidate and develop its position in the CEE region in a purposeful manner.
