Vienna Insurance Group - premiums increase in the first quarter of 2020

Vienna Insurance Group premiums increase in the first quarter of 2020
Effects of the COVID-19 pandemic expected starting in Q2 2020, in spite of the good start of the year

• Premiums rise to EUR 3.1 billion (+7.2%)
• Profit (before taxes) decreases to EUR 121.9 million (-4.4%)
• Net result increases to EUR 85.8 million (+2.8%)
• Combined ratio 95.1% (-1.7 percentage points)

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