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Peter Hagen

Vienna Insurance Group Shines in the Czech Republic

VIG continues to expand its market leadership in its largest CEE market.

February 11, 2014

Vienna Insurance Group Enters New Market

Acquisition of the Moldovan insurer Donaris.

January 31, 2014

VIG to Do Up Romanian Division

Difficulties in Romania and Italy for Vienna Insurance Group (VIG) lead to a massive decline in profits.

January 29, 2014

VIG: „We Will Clean Up Merciless“

Yesterday, the Austrian insurance group VIG (Vienna Insurance Group) published surprisingly bad results. In Italy and Romania, VIG has a lot of work to do.

November 28, 2013

Success for VIG Group Companies in the Czech Republic

Martin Diviš named “Insurance Manager of the Year”.

November 14, 2013

VIG: Expansion Plans in Baltic States

According to a report by “Wirtschaftsblatt”, the Vienna Insurance Group (VIG) plans to expand business activity in the Baltic States. From 2014 on, the Austrian insurance company will start conquering the Estonian insurance market.

November 8, 2013

VIG: Downsizing Business in Italy

Donau Versicherung, affiliate of VIG, has to make provisions in the amount of € 35m.

September 10, 2013

VIG: Drastic Downsizing Measures in Romania

Because of increasing losses 450 employees will be made redundant.

April 4, 2013

VIG Considers Expanding Further

Vienna Insurance Group has cash reserves of € 1.5bn. Now, the insurance group wants to take over some small or medium-sized companies.

October 24, 2012

VIG to Grow in Hungary

Vienna Insurance Group intends to expand into Hungary. The Eastern neighbor country is the favorite growth market, the Austrian insurance group said.

August 22, 2012

Vienna Insurance Group: Still Growth Potential in CESEE

VIG´s new CEO Peter Hagen aims to achieve external as well as internal growth. The process of catching up will go on.

July 20, 2012

VIG Completed Polisa Life Acquisition in Poland

The Vienna Insurance Group AG is the new owner of the Polish life insurance company Towarzystwo Ubezpieczeń na Życie "POLISA-ŻYCIE" S.A. With this transaction, the VIG has acquired about 92 percent of the life insurer.

June 28, 2012

VIG to Invest in CEE Real Estate

The Vienna Insurance Group intends to invest more in real estate. „Central and Estern Europe is more interesting for us.“ CEO Peter Hagen says.

June 20, 2012

VIG: Hagen Succeeds Geyer

Peter Hagen will succeed Günter Geyer as CEO of Vienna Insurance Group with effect from 1 June. “Management continuity puts the Group on a stable basis” the company says.

May 29, 2012

Polish Warta: Decision Expected this Week

Vienna Insurance Group and Zurich fight for Polish Warta. The seller, Belgian KBC, will decide this week.

January 12, 2012

VIG Has „No Problems in Hungary“

“We are an insurance group and not a bank.”, said the management of Vienna Insurance Group. Nevertheless, the developments are observed thoroughly.

January 11, 2012