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2020/06/03 / Erste Group Research

Vienna Insurance Group: Market volatility affects Solvency II ratio

The favourable claims development in motor vehicle insurance contributed to a further improvement in the combined ratio in 1Q 2020. Combined with strong new business in January and February, this led to a relatively good 1Q 2020 result. It includes first impairments of investments reflecting distortions in the capital market caused by the corona crisis.


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General information

AuthorErste Group Research
Date2020/06/03
Languageen
Product nameCredit News
Topic in focusCredits/ Corporate bonds
Economy in focusAustria
Currency in focusEuro
Sector in focus-
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