Austrian insurers continue CEE expansion despite Covid-19 profit drag

Elisabeth Stadler, CEO of VIG. Credit: VIG

Leading Austrian insurers Vienna Insurance Group (VIG) and UNIQA both reported further strong growth in central and eastern Europe (CEE) driven by recent major acquisitions, despite the negative impact of Covid-19 and lockdowns in Austria and across the CEE region during 2020. VIG, which acquired the CEE business of Dutch Insurance Group Aegon in November for €830m, adding an estimated…

Please register or login to view the full post