- Vienna Insurance reported gross written premiums of €11.47 billion for the first nine months of the year.
- The pretax profit for the same period was €666.5 million.
- For the third quarter, the company’s solvency ratio stood at an impressive 259%.
- Vienna Insurance forecasts its pretax profit for the year to hit the high end of the range between €825 million and €875 million, with an estimate of €852.5 million based on two estimates.
- Analyst ratings on the company currently include 5 buy recommendations, 1 hold, and 1 sell.
A look at Vienna Insurance Group Ag Wien Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Vienna Insurance Group AG Wiener Versicherung Gruppe, an Austrian insurance company, holds a promising long-term outlook based on Smartkarma Smart Scores. With a top-notch Value score of 5, the company is deemed to be attractively priced in the market. Additionally, scoring a solid 4 in Dividend, Growth, and Resilience, Vienna Insurance Group is positioned well for sustained success over time. Its Momentum score of 5 further indicates strong positive market sentiment and potential for continued upward movement.
Operating within property and casualty, life, healthcare, and reinsurance sectors, Vienna Insurance Group’s extensive presence in Austria and Eastern Europe underlines its robust market position and growth potential. With favorable scores across key factors, Vienna Insurance Group AG Wien is poised for a bright future in the insurance industry, positioning it as a strong contender for long-term investment opportunities.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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