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BRIEF-Vienna Insurance Group: solvency II ratio stable at 195 pct as of Dec. 31, 2016
April 19, 2017 / 3:01 PM / 5 months ago

BRIEF-Vienna Insurance Group: solvency II ratio stable at 195 pct as of Dec. 31, 2016

April 19 (Reuters) - Vienna Insurance Group AG Wiener Versicherung Gruppe:

* Solvency II ratio stable at 195 per cent as of 31 December 2016

* Profit (before taxes) confirmed unchanged at 407 million euros ($436.14 million)in 2016

* Solvency II ratio stable at 195 per cent as of 31 December 2016

* Adjustments in accordance with IAS 8 lead to goodwill impairments in 2015 of approx. 90 million euros

* Group embedded value (after taxes), grew to about 6 billion euros as of 31 December 2016 (adjusted value for 2015: 5.7 billion euros) Source text for Eikon: Further company coverage: ($1 = 0.9332 euros) (Gdynia Newsroom)

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