Number One in Central
and Eastern Europe1
We are the leading insurance group in Central and Eastern Europe. “Protecting what matters” is our promise. About 30,000 employees in more than 50 insurance companies and pension funds provide the best possible protection against the risks of day-to-day life for around 33 million customers. The Group strategy is to achieve long-term profitable growth.
Investment Story
How VIG investors benefit
Vienna Insurance Group offers investors a resilient, growth-oriented investment with long-term value potential. It combines a leading position in CEE with financial strength, a market-oriented, decentralised business model and a responsible focus on the future. With its innovative strength and leading digital solutions in CEE, VIG is actively shaping the future of the insurance business.
Market leader in CEE with growth prospects
- Attractive risk/reward profile in a growth region
- Investments to leverage the structural catch-up potential in CEE
- Resilience through broad diversification across lines of business, markets and distribution channels
Decentralised business model
- Agile, future-oriented operations in a dynamic environment
- In-depth market understanding, many years of experience and strong customer proximity supported by multi-brand strategy
- Extensive cooperation and collaboration within the Group and efficient use of modern technologies
Financial
strength
- Reliability, financial stability and predictability in a volatile environment
- Financial strength for further organic and inorganic growth
- High dividend reliability with a solid capital base
Responsible focus on the future
- Sustainable value creation across generations in combination with measurable ESG targets
- ESG criteria as an integral part of investment and insurance decisions
- Broadening and strengthening the customer base by addressing the catch-up demand for insurance cover
Facts & Figures
VIG in the 2024 financial year
Insurance Service Revenue
by line of business 2024
Key Figures of Vienna Insurance Group
| Income statement | Unit |
2024 |
2023 |
2022 adjusted |
|---|---|---|---|---|
|
1 The calculation of this figure considers the interest expenses for hybrid capital. |
||||
| Gross written premiums | EUR million | 15,226.3 | 13,784.0 | 12,559.2 |
| Insurance service revenue | EUR million | 12,138.5 | 10,921.8 | 9,737.6 |
| Total capital investment result | EUR million | 435.6 | 284.3 | -12.2 |
| Result before taxes | EUR million | 881.8 | 772.7 | 585.7 |
| Result of the period after taxes and non-controlling interests | EUR million | 645.3 | 559.0 | 472.3 |
| Earnings per share1 | EUR | 4.98 | 4.31 | 3.63 |
| Net Combined Ratio (P&C) | % | 93.4 | 92.6 | 92.8 |
| Balance sheet | Unit |
2024 |
2023 |
2022 adjusted |
|---|---|---|---|---|
| Total capital investment portfolio | EUR million | 44,568.3 | 42,586.1 | 41,062.2 |
| Insurance contracts liabilities issued | EUR million | 39,598.1 | 37,804.1 | 36,370.4 |
| Consolidated shareholders' equity (incl. non-controlling interests) | EUR million | 6,513.3 | 6,029.7 | 5,713.9 |
| Contractual Service Margin (CSM) | EUR million | 5,523.2 | 5,797.2 | 5,838.1 |
| Total assets | EUR million | 51,196.4 | 48,753.8 | 47,217.7 |
| Operating Return on Equity (Operating RoE) | % | 16.4 | 15.1 | 11.6 |
| Solvency Ratio | % | 261 | 269 | 280 |
Outlook
Profit forecast for 2025
Based on VIG’s excellent performance, management expects Group result before taxes in the range of EUR 1.10 billion to EUR 1.15 billion for the 2025 financial year.
Shares and dividend
VIG on the stock exchange
Dividend policy
Vienna Insurance Group lets its shareholders continuously participate in its success since its initial listing on the Vienna Stock Exchange in 1994. With regard to dividend continuity and predictability VIG aims to pay a dividend per share that is at least equal to that of the previous year and increases continuously depending on the operating earnings situation.
Dividend security
The participation of shareholders in VIG's success is a priority for us, and we have paid dividends every year without interruption since 1994.
Contact
IR Contact
VIENNA INSURANCE GROUP AG
Wiener Versicherung Gruppe +43 (0) 50 390 - 21919 Send e-mail investor.relations@vig.com