Vienna - The Vienna Insurance Group reported a profit increase of 29.3 per cent for the first half of 2008 on Thursday, boosted by strong growth in Central and Eastern European countries, where the group is market leader.
Net profits after minorities rose to 207.74 million euros (306.38 million dollars), compared with 160.63 million euros in the first six months of last year.
Second-quarter net profits were up 37.4 per cent, to 116.33 million euros, the company said.
In the first half of this year, revenue in terms of premiums written rose 20.7 per cent to 4.22 billion euros.