2003

Press Releases Archive 2003

Record growth in non-life insurance premiums

Vienna, 16/12/2003
Record growth in non-life insurance premiums in 2002 reported by Swiss reinsurers’ Sigma Study

Burglaries in homes and business enterprises show a steady increase

Vienna, 18/11/2003
Austrian insurance companies recommend precautionary measures

Dispute over future accounting rules

Vienna, 03/11/2003
Insurance companies all over the world agree that evaluation based on the principle of current value does not lend itself to insurances.

St. Wolfgang 2003

Vienna, 27/10/2003
Life insurers demand equal tax treatment for all capital-covered old-age provision products

Series of burglaries at jewelry shops

Vienna, 24/10/2003
Burglaries at jewelry shops increase at an alarming rate.

EU license plates

Vienna, 03/10/2003
New Austrian EU license plates not universally recognized!

Problems after road accidents with foreign vehicles?

Vienna, 21/08/2003
In the event of problems, drivers can contact the Austrian Insurance Association (VVO) – phone: 01/711 56-0.

Storm and tempest damage

Vienna, 18/07/2003
Please note! Storm and tempest damage should be reported to the insurance company as soon as possible.

Green Card

Vienna, 17/07/2003
Drivers please note! People traveling by car to certain holiday destinations should not forget the Green Card!

Bonus/malus system

Vienna, 08/07/2003
Record number of drivers (more than 62%) classified at levels 00 and 01

VVO: New Director General

Vienna, 30/06/2003
Dr. Louis Norman-Audenhove is the new Director General of VVO

Dr. Karner appointed President of the Austrian Insurance Association (VVO)

Vienna, 23/06/2003
As President of VVO, Dr. Karner entrusted with continuing the Association’s business

Car accidents are expensive

Vienna, 24/03/2003
In 2002, car accidents again considerably exceeded the cost of vehicle maintenance

Who is the best vehicle body masseur?

Vienna, 05/03/2003
Championships begin in Vienna on 22 March

Information on license plates

Vienna, 08/01/2003
From 20/01/2003 information on license plates can be obtained from VVO

The Business Results of Commercial Insurance Companies in 2002

With a total amount of € 12.71 billion, Austria's insurance industry recorded an increase in premium earnings of 1.9 per cent in the year 2002.

Insurance pool for terror risks

Since 1 January 2003, the Austrian Insurance Pool for Terror Risk Coverage has been taking on the relevant risks.


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