Vienna Insurance Group (VIG) is the leading insurance group in Central and Eastern Europe. More than 50 insurance companies and pension funds provide the best possible protection against the risks of day-to-day life for about 36 million customers. Broad positioning and diversification are key drivers of the Group’s growth, business performance and resilience.

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Our market position in CEE, reasons to invest, key figures and more – all at a glance.

Benefits for VIG investors

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 with a high degree of local responsibility for results
  • In-depth market understanding, many years of experience and strong customer proximity supported by multi-brand strategy
  • Extensive cooperation and collaboration within the Group to strengthen innovative power and to use modern technologies efficiently

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

Regional footprint

The markets in Central and Eastern Europe1 differ significantly in terms of size, economic development and competitive structure. However, they all share the potential for growth in the insurance sector. Its presence in numerous countries enables VIG to capitalise on this momentum and achieve above-average growth overall.

1 VIG divides its region into two areas. First, the region of Central and Eastern Europe (CEE), which consists of 20 countries, including Austria. Second, ten special markets where objectives specific to each market will be pursued. 
Market rankings 1st to 3rd quarters of 2025, Slovenia 1st half of 2025

Market position

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

Key Figures of Vienna Insurance Group 2023-2025

Income statement Unit

2025

 

2024

adjusted

2023

adjusted

1 The calculation of this figure considers the interest expenses for hybrid capital.

Gross written premiums EUR million 16,313.7 15,226.3 13,784.0
Insurance service revenue EUR million 13,196.0 12,138.5 10,921.8
Total capital investment result EUR million 489.4 435.6 284.3
Result before taxes EUR million 1,161.3 881.8 772.7
Result of the period after taxes and non-controlling interests EUR million 834.9 626.3 560.1
Earnings per share1 EUR 6.46 4.83 4.32
Net Combined Ratio (P&C) % 90.1 93.4 92.6
Balance sheet Unit

2025

 

2024

adjusted

2023

adjusted

Total capital investment portfolio EUR million 47,151.6 44,568.3 42,586.1
Insurance contracts liabilities issued EUR million 41,496.9 39,598.1 37,804.1
Consolidated shareholders' equity (incl. non-controlling interests) EUR million 7,331.4 6,558.9 6,099.3
Contractual Service Margin (CSM) EUR million 6,235.9 5,523.2 5,797.2
Total assets EUR million 54,315.6 51,242.1 48,818.7
Operating Return on Equity (Operating RoE) % 18.7 16.2 14.9
Solvency Ratio % 296 261 269

Broad diversification across lines of business and markets

Split by lines of business including Group functions, Split by segements excludings Group functions, both before consolidation

Profit forecast 2026

 CEO Hartwig Löger
© Marlene Fröhlich_luxundlumen.com
The VIG management team aims to achieve a profit before taxes for 2026 within a range of between EUR 1.25 billion and EUR 1.30 billion (excluding Nürnberger).
Hartwig Löger CEO

evolve28 targets

With the Group strategy "evolve28", we are consistently expanding our market leadership in CEE. The focus is on growth, increasing earnings, and a continuously rising dividend. The targets for 2028 at a glance (excluding Nürnberger):

Gross written premiums (plus 23% compared to 2025)
Profit before taxes (plus ~30% compared to 2025)
Net combined ratio
Operating return on equity
Solvency ratio

VIG on the stock exchange

ISIN

Dividend policy and dividend security

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.

IR Contact

Investor Relations
VIENNA INSURANCE GROUP AG
Wiener Versicherung Gruppe
+43 (0) 50 390 - 21919 Send e-mail investor.relations@vig.com