Vienna Insurance Group generated total net revenues of EUR 9,301 mil in 2016, up 0.085% when compared to the previous year. Some EUR 8,191 mil, or 88.1% of the revenues came from net written premium.
Gross claims reached EUR 6,753 mil in 2016, so average claims ratio amounted to 78.3% in 2016. That is compared to an average 80.1% seen in the last five years.
When acquisition costs are added, the combined ratio increases to 96.7% in 2016. That's compared to 80.1% average ratio seen in the last five years.