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 Preliminary Figures

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