Premium revenues of the Austrian private insurance companies recently followed the business cycle profile only to a limited
extent. Having stagnated in the recession year 2009, premium revenues rebounded in 2010 at a rate below nominal GDP growth.
For 2011, the industry expects a slight deceleration of revenue growth, whereas latest surveys conducted by WIFO suggest an
even weaker dynamic. Together with higher returns on investment, earnings from the technical accounts improved and operating
results were raised markedly.
Keywords:Private Insurance Business
Forschungsbereich:Makroökonomie und öffentliche Finanzen