Vienna, Austria – Vienna Insurance Group AG recently held its Q3 2024 Earnings Conference Call, providing investors and analysts with insights into their performance for the first nine months of the year. The conference call, led by Nina Higatzberger, Head of Investor Relations, and Liane Hirner, CFO, highlighted key financial indicators such as gross written premiums, insurance service revenue, profit before taxes, and net P&C combined ratio. The company reported a strong operational performance across its group companies during this period.

During the conference call, Hirner emphasized the positive growth trends seen by Vienna Insurance Group AG in the first three quarters of 2024. With gross written premiums up by 8% and insurance service revenue increasing by 9.3%, the company continues to demonstrate growth in its top-line figures. Despite challenges like the impact of the CEE NatCat storm flood event in September, profit before taxes still managed to grow by 8.5% during this time.

The presentation during the conference call highlighted the company’s resilience and ability to navigate through challenging events. Deputy CEO Peter Hofinger, along with Hirner, addressed questions regarding the performance and strategies moving forward. The focus on key performance indicators like the insolvency ratio and IFRS 17/9 KPIs shed light on the company’s financial health and stability.

Vienna Insurance Group AG’s update for the first nine months of 2024 showcased the company’s commitment to delivering strong results and maintaining a solid financial position. The emphasis on operational performance and growth in key financial metrics underscored the company’s strategic direction and resilience in the face of external challenges. As the global insurance industry continues to evolve, Vienna Insurance Group AG’s performance in 2024 signals its ability to adapt and thrive in a dynamic environment.