VIG in the first three quarters of 2024

Highlights

Vienna Insurance Group delivers strong performance in the first three quarters of 2024

• Gross written premiums increased to EUR 11.5 billion (+8.0%)
• Insurance service revenue grew to EUR 9.0 billion (+9.3%)
• Profit before taxes risen to EUR 666.5 million (+8.5%)
• P&C net combined ratio at previous year’s level at 94.3%
• Excellent solvency ratio of 259%

Outlook

Despite a volatile economic and geopolitical environment, the management of Vienna Insurance Group confirms its positive outlook for the 2024 financial year and expects profit before taxes at the upper end of the planned range of EUR 825 million to EUR 875 million.