Financial results of VIG

VIG in the 2024 financial year

Vienna Insurance Group continues on its dynamic course of success: Significant profit growth in 2024 and positive outlook for 2025

Highlights

Vienna Insurance Group with double-digit premium growth and strong profit growth

Gross written premiums of EUR 15.2 billion (+10.5%)
Insurance Service Revenue of EUR 12.1 billion (+11.1%)
Profit before taxes of EUR 881.8 million (+14.1%)
Net Combined Ratio 93.4%
Strong solvency ratio of 261%

Proposed dividend of EUR 1.55 per share

Earnings per share amounts to EUR 4.98
Dividend increase by 10.7% from last year's figure
Dividend yield is 5.1%

Outlook

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.

Strong growth and high profitability continue to shape our position as the clear No. 1 in CEE in 2024. We are maintaining our successful course, which is derived from the diversification of our Group, because both the growth in premiums and the profit result from all segments and lines of business. On the basis of this performance and our strong capitalisation, the VIG Managing Board is proposing a dividend increase to EUR 1.55 per share.

Hartwig Löger CEO

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Gross written premiums

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Insurance Service Revenue

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Result before taxes

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Net Combined Ratio (P&C)

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Solvency ratio

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Dividend per share

Downloads

2024 VIG Group Annual Report

pdf (12486 KB) 28/04/2025

2024 Preliminary Results VIG News Release

pdf (207 KB) 12/03/2025

2024 Preliminary Results VIG Presentation

pdf (1103 KB) 12/03/2025

2024 Preliminary Results VIG Financial Supplement

xlsx (212 KB) 12/03/2025

2024 VIG Teleconference

mp3 (20538 KB) 12/03/2025

2024 Preliminary Results VIG Transcript Teleconference

pdf (184 KB) 20/03/2025

The results in charts

Insurance Service Revenue of 12.1 billion euro up by 11.1%

Insurance service revenue by segments (in EUR mn)

Growth in all lines of business except for Life with profit participation

Insurance service revenue by line of business (in EUR mn); incl. Group Functions

Result before taxes grew by 14.1% to 881.8 million euro

Result before taxes (in EUR mn)

Investment split

Split refers to the investments held at VIG’s own risk (excl. investments for unit- and index linked life insurance)

2024 Group Annual Report

The Group Annual Report 2024 looks back on a successful financial year for VIG with numerous milestones and also includes the consolidated non-financial report. All highlights, data and facts are available in the Online Group Annual Report.

2024 Online Group Annual Report