9M 2021 RESULTS PRESENTATION
Vienna, 18 November 2021
9M 2021 RESULTS CONFERENCE CALL
Presenting team and topics
Participants | Topics |
▪ | Liane Hirner, CFRO | ▪ | Highlights | p. 3 |
▪ | Peter Höfinger | ▪ | Financials & Investments | p. 5 |
▪ | Appendix 1: Segments | p. 15 | ||
▪ | Appendix 2: Financials | p. 28 |
Please note: Rounding differences may occur when rounded amounts or percentages are added up.
2 | VIG VIENNA INSURANCE GROUP |
HIGHLIGHTS
FINANCIALS & INVESTMENTS
APPENDIX 1: SEGMENTS
APPENDIX 2: FINANCIALS
3 | VIG VIENNA INSURANCE GROUP |
HIGHLIGHTS 9M 2021
Strong premium and profit development
Gross written premium
€ 8,390.8mn
GWP up by 5.1% (+€404.4mn)
- Strongest GWP growth by segment in Central Functions (+€138.9mn), Czech Republic (+€108.5mn) and Poland (+€62.2mn)
- All lines of business contributing to growth except single premium life business (-€20.1mn)
Profit before taxes
€ 376.1mn
PBT up by 41.2% (+€109.8mn)
- 9M 2020 included goodwill impairment of €118.1mn in Q2 2020
- Net profit of €274.6mn
- Earnings per share of €2.86 (+56.9%)
Combined Ratio
95.2%
Improved by 0.9%p due to decreased claims ratio
- Claims ratio down to 63.2% (64.2%)
- Cost ratio with 32.0% on the same level as last year (31.9%)
- Stable combined ratio development since YE 2020
4 HIGHLIGHTS | VIG VIENNA INSURANCE GROUP |
HIGHLIGHTS
FINANCIALS & INVESTMENTS
APPENDIX 1: SEGMENTS
APPENDIX 2: FINANCIALS
5 | VIG VIENNA INSURANCE GROUP |
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Vienna Insurance Group AG published this content on 18 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2021 07:21:03 UTC.