VIG posts pre-tax loss in Bosnia in Jan-Sept

Total gross written premiums of VIG's Bosnian unit fell to 24.2 million euro in January-September, from 26.9 million euro in the same period last year, VIG said in an interim financial statement.

Premiums from regular life insurance edged down 0.8% to 10.9 million euro in the nine months through September, while premiums from single life insurance dropped to 2.5 million euro from 3.9 million euro.

Premiums of the motor third party liability sub-segment of insurance fell 9.7% to 1.9 million euro, premiums of the CASCO segment rose 18.8% to 1.3 million euro, and other property premiums decreased 13.4% to 7.5 million euro.

VIG, headquartered in Vienna, operates around 50 insurance companies in 25 countries in Europe, including Romania, Serbia, Moldova, Bulgaria, Albania, Kosovo, North Macedonia, Bosnia and Croatia.

($ = 0.8406 euro)