Vienna Insurance Group confirms exceptional result for 2025 and publishes Group Annual Report

Significant growth and high profitability

Strong growth was achieved in 2025, driven both by gross written premiums in the amount of EUR 16.3 billion (+7.1%) and a result before taxes of EUR 1.16 billion (+31.7%). The insurance service revenue also increased to a record high of EUR 13.2 billion (+8.7%). At 90.1% the net combined ratio was 3.3 percentage points better than in the previous year. The solvency ratio of 296% confirms the Group’s very strong capitalisation. Hartwig Löger, CEO and Chairman of the Managing Board of VIG: “The exceptional result is due to the growth and profitability across all countries and illustrates the impressive resilience of our Group. Based on this, we are proposing a dividend increase to EUR 1.73 per share and we aim to achieve profit before taxes for 2026 within a range of between EUR 1.25 and EUR 1.3 billion.”

Continuing expansion 

The year 2025 was also marked by significant expansion steps. Hartwig Löger: “The Group has achieved consistent success and created strong growth momentum, most notably with the planned takeover of Nürnberger.” The acquisition of NÜRNBERGER Beteiligungs-AG is the largest transaction in the company’s history and is set to bring further diversification and underpin the Group’s long-term strategy for profitable growth in CEE. Furthermore, in 2025 the life insurance company Vienna Life was established in Albania, and a decision was made to establish a property insurance company in Montenegro. VIG has become the market leader in Moldova with the acquisition of Moldasig and its existing company Donaris. In the Polish market, VIG has acquired a stake in Phinance, one of the largest financial brokers in Poland, via the local company Vienna Life. In Ukraine, VIG will further consolidate its growth and strong position through the planned investment by World Bank subsidiary International Finance Corporation (IFC) in the two Ukrainian companies USG and Kniazha.

The following reports are available on the website: https://group.vig/en/: 
•    2025 Group Annual Report including sustainability statement 
•    2025 VIG Holding Annual Financial Statements 
•    VIG Holding Solvency and Financial Condition Report (German only)
•    VIG Engagement Report 2025 

The interactive 2025 online report including the CEO video is available at: https://www.annual-report.vig/2025