EANS-Adhoc: Vienna Insurance Group - volatilities in the result expected
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- other/Volatilities results development 11.11.2013 Vienna Insurance Group sustainably strives to keep volatilities in the development of results as low as possible taking into account the economic environment - due to the continuing difficult market conditions in Romania and the adverse situation of Donau Versicherung's motor insurance business in Italy, the Managing Board of Vienna Insurance Group assumes, however, that based on the current status and the data registered for the preparation of the results for the third quarter of 2013 this objective will not be met in the current year. Nevertheless, the management of Vienna Insurance Group will maintain its established strategy to focus on the markets of Austria and Central and Eastern Europe as well as on its core competence "insurance business". Vienna Insurance Group will continue to adhere to a risk-conscious and conservative investment policy based on a strong capitalisation. Further inquiry note: VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe 1010 Wien, Schottenring 30 Alexander Jedlicka Head of Public Relations, Spokesperson of the Group Tel.: +43 (0)50 350-21029 Fax: +43 (0)50 350 99-21029 E-Mail: alexander.jedlicka@vig.com Nina Higatzberger Head of Investor Relations Tel.: +43 (0)50 350-21920 Fax: +43 (0)50 350 99-21920 E-Mail: nina.higatzberger@vig.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Vienna Insurance Group Schottenring 30 A-1010 Wien phone: +43(0)50 390-21919 FAX: +43(0)50 390 99-23303 mail: investor.relations@vig.com WWW: www.vig.com sector: Insurance ISIN: AT0000908504 indexes: WBI, ATX Prime, ATX stockmarkets: official market: Wien, stock market: Prague Stock Exchange language: English
Original-Content von: Vienna Insurance Group, übermittelt durch news aktuell