It also said it underwrote gross premiums of EUR243.8 million in the first nine months, down 11.2% from EUR274.6 million in the year-earlier interval.
Premiums underwritten on the segment of damage claims /accidents saw a 4.8% decrease to EUR208.6 million, after restructuring the portfolio of products.
The Austrian group registered profit before tax of EUR430.8 million in the mentioned period, up 36.4% on the year, VIG said in a statement.
The value of premiums was flat on the year in 2014, at nearly EUR7 billion, despite the negative impact of the exchange rate. Adjusted to the impact, the group’s underwritings rose 1.7%.
VIG, which owns Omniasig, Asirom, and BCR Asigurari de Viata in Romania, is the largest insurance group on the local market.