Vienna Insurance Group (VIG) said its Slovak business recorded a pre-tax profit of EUR 42.8mn for the first nine months of 2013, up 8.6% y/y. Gross written premiums of VIG's Slovak subsidiaries totalled EUR 548.3mn through September, up 6.6% y/y, with life insurance premiums jumping 11.4% to EUR 297.3mn and non-life insurance premiums rising by 1.4% y/y to EUR 251mn . The combined ratio worsened by 1.6pps to 93.5%. Vienna Insurance Group owns three insurance companies in Slovakia - Kooperativa, Komunalna Poistovna and Poistovna Slovenskej Sporitelne. According to company data, the three companies hold a combined market share of 34.3% in Slovakia.

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Vienna Insurance Group's Slovak operations post 8.6% increase in Jan-Sep earnings