Grawe's profit at EUR 70.2 million

Despite unstable economic environment, the Grawe Group achieved a positive annual result last year. The profit before taxation reached EUR 70.2 million, while the balance sheet grew to EUR 7.8 billion. The invoiced premium of the Grawe Group in 2011 amounted to EUR 721.7 million.

In the same period, Grawe paid a total of EUR 416.2 million to its clients. Based on the criteria of financial stability and solvency, Grawe was again significantly above the market average in 2011, and it possesses the necessary strength to face the challenges of the market of today.