ERGO sees premium income increase by 7.6%
ERGO consolidated result increased to €173m (2009:€73m). The company’s total premium income rose 7.6% to €19.0bn (2008: €17.7bn).
Organic growth and acquisitions both in Germany and abroad, such as of the travel insurer ERV and the Austrian company BA-CA Insurance, both contributed to this, ERGO added.
The investment result also
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