Why invest in VIG?

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.

No. 1
  • Austria
  • Baltic states
  • Bulgaria
  • Czech Republic
  • Hungary
  • North Macedonia
  • Romania
  • Slovakia
TOP 5
  • Albania
  • Bosnia-Herzegovina
  • Croatia
  • Moldova
  • Poland
  • Serbia
  • Ukraine
TOP 10
  • Kosovo
  • Montenegro
  • Slovenia

1 VIG divides its region into two areas. First, the region of Central and Eastern Europe (CEE), which consists of 20 countries, including Austria, whose long-term growth opportunities will be exploited. Second, ten special markets where objectives specific to each market will be pursued.
Market rankings 1st to 3rd quarters of 2024, Slovenia 1st half of 2024

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Our investment story and what else you should know about us at a glance.

Countries
~
Employees
~ mn
Customers

Four good reasons to invest in VIG

Broad portfolio with growth potential

  • Insurance solutions in all lines of business across 30 countries plus pension fund business
  • More than 30 years of experience in the CEE region
  • Growth initiatives to further expand VIG's leading market position

Financial stability

    • “A+” rating with a stable outlook from Standard & Poor’s
    • Solvency ratio of 261% in 2024
    • Continuous dividend distribution every year since 1994

Proven management principles

    • Local entrepreneurship for taking quick, flexible action on the market
    • Multi-channel distribution to exploit all sales opportunities
    • Multi-brand policy to ensure broad appeal in relation to target groups
    • Conservative investment and reinsurance policies create trust

Sustainability as an integral part of the business model

    • Sustainability program with six spheres of impact
    • Commitment to “net zero” by 2050 with a clear interim target of -30% by 2030
    • Declarations of “Responsible Investment” and “Responsible Insurance”

VIG in the 2024 Financial Year

EUR bn
Insurance service revenue
EUR mn
Result before taxes
%
Net Combined Ratio (P&C)
%
Solvency Ratio

Insurance Service Revenue 
by line of business 2024

MTPL = Motor Third Party Liablity 

Key Figures of Vienna Insurance Group

Income statement  

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          
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  

Profit forecast for 2025

Portrait of CEO Hartwig Löger, St. Stephen's Cathedral blurred in the reflection in the background
VIG has managed the impact of challenging geopolitical and macroeconomic conditions very well so far and is well prepared for the volatile environment. Based on this, a positive performance is also expected for the 2025 financial year. VIG's diversification across markets and lines of business, the customer centricity of the group companies and VIG’s capital strength provide excellent conditions for continuing the successful course. VIG’s Managing Board therefore has the ambition to achieve profit before taxes within a range of EUR 950 million and EUR 1 billion for the 2025 financial year.
Hartwig Löger CEO

VIG on the stock exchange

ISIN
LISTINGS
Ticker symbol
mn
ordinary shares
EUR mn
share capital
EUR bn
MARKET CAPITALISATION (31/03/2025)

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.
Liane Hirner CFRO