All of the insurance segments in which the Vienna Insurance Group operates contributed to the development of the Group's profit. Profit before taxes reached EUR 441.25 million in 2009, which corresponds to a decline of 18.4% over the previous year. However, due to extraordinary income earned in the year just ended, a comparison with 2008 has little significance.
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Profit before taxes by business lines | |||
|
in EUR mn |
2007 |
2008 |
2009 |
|
Property/casualty |
265.07 |
414.23 |
238.86 |
|
Life |
157.20 |
102.40 |
177.77 |
|
Health |
15.03 |
24.17 |
24.62 |
|
Total |
437.30 |
540.80 |
441.25 |
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Profit before taxes by regions | |||||||
|
in EUR mn |
2007 |
2008 |
2009 | ||||
| |||||||
|
Austria |
286.80 |
344.33 |
247.49 | ||||
|
Czech Republic |
73.81 |
107.45 |
122.91 | ||||
|
Slovakia |
30.30 |
4.99 |
23.01 | ||||
|
Poland |
18.78 |
26.11 |
27.42 | ||||
|
Romania |
4.56 |
57.46 |
24.19 | ||||
|
Other CEE markets* |
10.25 |
-14.41 |
-23.75 | ||||
|
Other markets** |
12.80 |
14.87 |
19.98 | ||||
|
Total |
437.30 |
540.80 |
441.25 | ||||
Property and casualty insurance
The property/casualty area contributed EUR 238.86 million, or 54.1%, of total Group profits.
Life insurance
Life insurance also contributed EUR 177.77 million to the overall Group profit earned by the Vienna Insurance Group, representing an increase of 73.6% compared to 2008.
Health insurance
The health insurance area contributed EUR 24.62 million to the total Vienna Insurance Group profit.
Compare to 2008