Why invest in VIG?

We are the leading insurance group in Central and Eastern Europe. “Protecting what matters” is our promise. More than 50 insurance companies and pension funds provide the best possible protection against the risks of day-to-day life for their customers. The Group strategy is to achieve long-term profitable growth.


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

EUR 10.9 bn
Insurance service revenue
EUR 772.7 mn
Result before taxes
269 %
Solvency ratio
92.6 %
Net Combined Ratio
5.3 %*
Dividend yield
~ 29,000

* Proposed dividend

The leading Insurance Group
in Central and Eastern Europe1

No. 1
  • Austria
  • Baltic states
  • Czech Republic
  • Hungary
  • North Macedonia
  • Romania
  • Slovakia
      • Albania
      • Bosnia-Herzegovina
      • Bulgaria
      • 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 2023, Moldova 1st to 4th quarters of 2022, Hungary 1st to 4th quarters of 2023

Insurance Service Revenue 
by line of business 2023

in EUR mn incl. Group Functions

Broad portfolio with growth potential

  • Insurance solutions in the property/casualty, life and health business across 30 countries
  • Over 30 years of M&A experience in the CEE region
  • Organic and inorganic growth initiatives to further expand VIG's leading market position

Financial stability

    • “A+” rating with stable outlook from Standard & Poor’s
    • Solvency ratio of 269% in 2023
    • Continuous dividend distribution every year since 1994

Proven management principles ensure customer proximity

    • 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 a focus on six spheres of impact: Investments, underwriting, operations, employees, customers, society
    • Declarations of “Responsible Investment” and “Responsible Insurance”
Ticker symbol
128 mn
ordinary shares
EUR 132.89 mn
share capital
EUR 3.70 bn
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
CEO Hartwig Löger
Hartwig Löger General Manager (CEO), Chairman of the Managing Board
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Peter Höfinger (Deputy CEO)
Peter Höfinger Deputy General Manager, Deputy Chairman of the Managing Board
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Liane Hirner (CFRO)
Liane Hirner Member of the Managing Board, Chief Finance and Risk Officer (CFRO)
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Gerhard Lahner (COO)
Gerhard Lahner Member of the Managing Board, Chief Operations Officer (COO)
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Gabor Lehel (CIO)
Gábor Lehel Member of the Managing Board, Chief Innovation Officer (CIO)
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VIG Board Member Harald Riener
Harald Riener Member of the Managing Board
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Key Figures of Vienna Insurance Group

Income statement  






Calculation differences may arise when rounded amounts and percentages are summed automatically.

1 Gross written premiums are not part of IFRS 17/9 reporting

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

Gross written premiums1 EUR million 13,784.0 12,559.2  
Insurance service revenue EUR million 10,921.8 9,737.6  
Total capital investment result EUR million 284.3 -12.2  
Result before taxes EUR million 772.7 585.7  
Net result of the period after taxes and non-controlling interests EUR million 559.0 472.3  
Earnings per share2 EUR 4.31 3.63  
Net Combined Ratio (P&C) % 92.6 92.8  
Balance sheet        
Total capital investment portfolio EUR million 42,586.1 41,062.2  
Insurance contracts liabilities issued EUR million 37,804.1 36,370.4  
Consolidated shareholders' equity (incl. non-controlling interests) EUR million 6,029.7 5,713.9  
Contractual Service Margin (CSM) EUR million 5,797.2 5,838.1  
Total assets EUR million 48,753.8 47,217.7  
Operating Return on Equity (Operating RoE) % 15.1 11.6  
Solvency Ratio % 269 280