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Vienna Insurance sees FY profit at 435 mln euros

Tue Jan 22, 2008 3:52am EST

VIENNA, Jan 22 (Reuters) - Vienna Insurance Group WISV.VI expects 2007 pretax profit to rise by 35 percent and come in at its previous forecast of some 435 million euros ($627 million), it said on Tuesday when reporting preliminary numbers.

Vienna Insurance Group -- the second biggest insurer in eastern Europe -- said written unconsolidated premiums had risen by 17 percent to 7.17 billion euros on growth in central and eastern Europe.

Vienna Insurance also said it planned to increase its 2007 dividend by more than 34 percent, to 1.10 euros per share. (Reporting by Karin Strohecker; Editing by Quentin Bryar)



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