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.
The leading Insurance Group
in Central and Eastern Europe1
1 VIG divides its region into two areas. First, the region of Central and Eastern Europe, which consists of 20 countries, including Austria, whose longterm 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 2022; Hungary 1st to 4th quarters of 2021, including Aegon
Premiums
by line of business 2022
in accordance with IFRS 4
Broad portfolio with growth potential
- Insurance solutions in the property/casualty, life and health business across approx. 30 countries
- Over 30 years of M&A experience in the CEE region
- Organic and inorganic grown initiatives to further expand VIG's leading market position
Financial stability
- “A+” rating with stable outlook from Standard & Poor’s
- Solvency ratio of 280% in 2022
- 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 for ensuring broad appeal in relation to target groups
- Conservative investment and reinsurance policies create trust
Sustainability as an integral part of our
business model with own strategy since 2017
- Innovative products and services that offer social and environmental added value for as many parts of the population as possible
- Consideration of environmental and social criteria for investments and underwriting
- Diversity strategy promotes inclusion and equal opportunity
The participation of shareholders in VIG's success is a priority for us, and we have paid dividends every year without interruption since 1994.
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Calculation differences may arise when rounded amounts and percentages are summed automatically. 1 Gross written premiums are not part of IFRS 17/9 reporting; the previous year's figures have been adjusted for the addition of the Aegon companies compared to the publication of 6M 2022. 2 The calculation of this figure considers the interest expenses for hybrid capital. The undiluted earnings per share equals the diluted earnings per share. |
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| Gross written premiums1 | EUR million | 7,306.7 | 6,595.1 | |
| Insurance service revenue | EUR million | 5,380.4 | 4,732.9 | |
| Result before taxes | EUR million | 462.9 | 212.0 | |
| Result of the period after taxes and non-controlling interests | EUR million | 343.4 | 147.4 | |
| Earnings per share2,3 | EUR | 5.25 | 2.19 | |
| Net Combined Ratio (P&C) | % | 94.0 | 90.6 | |
| Financial assets | EUR million | 37,038.2 | 35,814.0 | |
| Shareholders' equity (incl. non-controlling interests) | EUR million | 5,961.7 | 5,713.9 | |
| Contractual Service Margin (CSM) | EUR million | 5,934.9 | 5,838.1 | |
| Total assets | EUR million | 48,131.4 | 47,217.7 | |
| Operating Return on Equity (Operating RoE)3 | % | 15.8 | 10.9 | |
| Solvency Ratio | % | 282 | 280 | |