VIG Vienna Insurance Group

Peace in Hard Times: Global Peace Photo Awards Ceremony

After canceling the event last year due to the COVID-19 pandemic, the Global Peace Photo Awards Ceremony 2020 was recently held in Baden. The Global Peace Photo Awards Ceremony 2021 will be held later this year. These awards honor the images that best capture the theme of peace each year. Read about the ceremony and who won the awards for 2020.

July 30, 2021

COVID-19 Drug Made in Austria

Austrian biotech company Apeiron Biologics AG, which is currently working on a drug to treat the coronavirus, announces financing round for the further development of the COVID-19 drug APN01.

May 19, 2020

Former Finance Minister Schelling to Be Appointed to OMV Supervisory Board

Former ÖVP finance minister Hans Jörg Schelling is to move into the supervisory board of the partly state-owned OMV. Various media report that this is being done at the request of senior government officials.

April 25, 2019

Reinsurer VIG Re to Expand to Paris

After opening an office in Frankfurt a year ago, another West European representative office is now to follow in Paris. The new branch will be headed by Patrick Chevrel. As part of the Vienna Insurance Group, VIG Re has been founded in 2008 by being established as a core player in the reinsurance market in Austria and CEE, and now also in certain West European countries.

November 26, 2018

VIC Strengthens Presence in Hungary and Slovakia

Hungary’s central bank approved the merger of the three VIG Group companies. As a result VIG will be represented in Hungary solely by the insurance company Union Biztosító. In Slovakia, bancassurer Poisťovňa Slovenskej sporiteľne (PSLSP) will merge with Kooperativa poisťovňa.

April 3, 2018

Vienna Insurance Group Reaps Successes of Its CEE Strategy

Group profit before taxes increased to EUR 442.5 million in 2017 (2016: EUR 406.7 million). This 8.8 percent increase in profits was primarily due to positive improvement in the combined ratio and an increase in the life insurance underwriting result in the Czech Republic and Slovakia. Poland recorded a particularly large increase in profit, due in part to a successful stabilisation of the motor insurance business.

March 22, 2018

Meet Her Excellency Austria's New Foreign Minister Karin Kneissl

Karin Kneissl (53) was recently appointed Austrian Federal Minister for Europe, Integration and Foreign Affairs. At present, she is busy touring Europe and introducing herself to her counterparts, or inviting them to the Federal Ministry for Europe, Integration and Foreign Affairs in Vienna.

February 20, 2018

VIG: Interim Report 1st -3rd Quarter 2017

Vienna Insurance Group AG Wiener Versicherung Gruppe is declaring the following financial reports below.

November 30, 2017

Peter Thirring to become new member of the Managing Board of Vienna Insurance Group

Peter Thirring will join the Managing Board of VIG from Donau Versicherung as of 1 July 2018. It will be proposed to the Supervisory Board of Donau Versicherung that, from this date on, Ralph Müller should take over the position as Chairman of the Managing Board and General Manager of Donau Versicherung. Ralph Müller will already be leaving his position as member of the Managing Board of Wiener Städtische Versicherung by 30 Sept. 2017.

September 5, 2017

Vienna Insurance Group - Half year financial report 2017

Vienna Insurance Group AG Wiener Versicherung Gruppe is declating its half year financial report 2017.

August 28, 2017

Vienna Insurance Group continues to gain momentum

The results for the first half of 2017 continue the upward trend for Vienna Insurance Group (VIG). VIG generated EUR 4.97 billion in Group premiums, representing an increase of around one percent compared to the previous year.

August 22, 2017

New Chief Financial Officer for the Vienna Insurance Group 2018

In today´s meeting on 26 June 2017, the Supervisory Board of Vienna Insurance Group, headed by Chairman Günter Geyer, agreed to the following succession plan for the position of Chief Financial Officer (CFO). Martin Simhandl expressed his desire not to continue with his term of office, which is due to expire on 30 June 2018, for personal reasons.

June 26, 2017

Change at the Managing Board of Vienna Insurance Group

On 1 July 2017, Roland Gröll (52) will move from his position at Vienna Insurance Group (VIG) to become a member of the Managing Boards of Wiener Städtische Versicherung and Donau Versicherung. Gerhard Lahner (40) will become the CFO of Kooperativa pojistovna, a.s., and a member of the Managing Board of Ceská podnikatelská pojistovna, a.s. (CPP) in Prague.

May 30, 2017

Vienna Insurance Group AG - Interim Report for the 1st quarter 2017

Vienna Insurance Group AG Wiener Versicherung Gruppe is declaring the following financial reports below.

May 30, 2017

Vienna Insurance Group in the 1st quarter of 2017: Improvement in all key performance indicators

Following the favourable results achieved in the financial year 2016, Vienna Insurance Group (VIG) can now also report very positive figures for the 1st quarter of 2017. "All our key performance indicators are showing a clear improvement compared to the 1st quarter of the previous year and are thus fully in line with our plans. The good economic outlook for both Austria and our Central and Eastern European markets makes us highly confident that we are on course for continued success in 2017," stated Elisabeth Stadler, Chairwoman of the Managing Board of Vienna Insurance Group, summarising the initial positive interim results for the year.

May 23, 2017

EANS-General Meeting: Vienna Insurance Group Wiener Versicherung Gruppe / Resolutions of the General Meeting

The Annual General Meeting of VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe, Schottenring 30, 1010 Vienna, FN [Business Register Number] 75687 f, of 12 May 2017 has passed the following resolutions.

May 12, 2017

Vienna Insurance Group Wiener Versicherung Gruppe /Yearly Report

Vienna Insurance Group Wiener Versicherung Gruppe is declaring the following financial reports below.

April 28, 2017

Vienna Insurance Group with Group Embedded Value, Solvency II ratioand final result for 2016 as well as adjustments to the 2015 result

Group Embedded Value reaches about EUR 6 billion Embedded Value is calculated according to international standards as the net asset value of Vienna Insurance Group plus the present value of expected future profits from existing life and health insurance policies. This has been certified by KPMG Austria GmbH.

April 19, 2017

EANS-General Meeting: Vienna Insurance Group Wiener Versicherung Gruppe /Invitation to the General Meeting

VIENNA INSURANCE GROUP AG, Schottenring 30, Ringturm, 1010 Vienna, INVITATION to the 26th Annual General Meeting (AGM), which will be held on Friday, 12 May 2017, at 11 a.m. (CEST) at the Wiener Stadthalle, Roland Rainer Platz 1, 1150 Vienna, Hall F.

April 11, 2017

2016 preliminary results for Vienna Insurance Group *) - Profit more than doubled

Preliminary premium volume of EUR 9,051 million showed a stable development (+EUR 31 million compared to the previous year). Premiums increased significantly in all lines of business, with the exception of single-premium life insurance (- 19.2 percent). As in the previous year, a restrictive underwriting policy was followed in most markets in this area due to the low interest rate situation. Without single-premium products, premiums increased + 4.4 percent across all lines of business.

March 23, 2017

Vienna Insurance Group: Termination and redemption of supplementary capital bonds

On 5 December 2016, VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe (formerly WIENER STÄDTISCHE Allgemeine Versicherung Aktiengesellschaft) decided to terminate the following two supplementary capital bonds with effect from 12 January 2017 and to redeem the bonds at their redemption amount which equals 100% of the principal amount of the bonds plus the interest accrued until the date of redemption.

December 5, 2016

Vienna Insurance Group Wiener Versicherung Gruppe / Quarterly Report

Vienna Insurance Group Wiener Versicherung Gruppe is declaring the following financial reports below.

November 30, 2016

Vienna Insurance Group Wiener Versicherung Gruppe / VIG in the first three quarters of 2016: Growth in premiums and profit

Vienna Insurance Group business development is on course in the first three quarters of 2016. Group premiums rose by 0.7 percent, which is noteworthy due to the ongoing restraint in single premium life insurance business (-18.6 percent). When adjusted for single premium business, premiums increased by a respectable 4.7 percent.

November 22, 2016

Vienna Insurance Group Wiener Versicherung Gruppe / Half Yearly Report

Vienna Insurance Group Wiener Versicherung Gruppe is declaring the following financial reports below.

August 29, 2016

Vienna Insurance Group Wiener Versicherung Gruppe / Half Year Results 2016: Vienna Insurance Group right on track

Vienna Insurance Group's half year results for 2016 are right on target. VIG generated EUR 4.9 billion in Group premiums, representing a slight increase of 0.4 percent compared to the previous year. The restrictive underwriting policy used for single-premium life insurance in many markets continued to have an effect on total premium income. When adjusted for single premium business, total premiums even grew by 4.5 percent in the first six months of the current year.

August 23, 2016

Vienna Insurance Group with preliminary first half-year profit before taxes 2016 of about EUR 200mn and changed valuation approach and consolidation of non-profit housing societies

VIG announces preliminary consolidated profit before taxes of about EUR 200mn for the first half-year 2016. Thus, the result is in line with the given earnings outlook for the financial year 2016. Consolidated shareholders' equity will be adjusted due to the change in the valuation method from the currently at-equity consolidated non-profit housing societies.

August 3, 2016

Vienna Insurance Group Buys AXA Subsidiaries in Serbia

Vienna Insurance Group (VIG) is acquiring AXA’s life and non-life companies in Serbia. The purchase will increase VIG’s market share in Serbia to around 11.5 percent.

July 7, 2016

Vienna Insurance Group / Quarterly Report

Vienna Insurance Group is declaring the following financial reports below.

May 31, 2016

Vienna Insurance Group / Yearly Report

Vienna Insurance Group is declaring the following financial reports below.

April 29, 2016

EANS-General Meeting: Vienna Insurance Group / Invitation to the General Meeting

NOTICE OF MEETING for the 25th Annual General Meeting (AGM) to be held on Friday, 13 May 2016, at 11.00 a.m. (CEST) at Wiener Stadthalle, Roland Rainer Platz 1, 1150 Wien, Halle F.

April 12, 2016

VIENNA INSURANCE GROUP WITH STABLE PREMIUM DEVELOPMENT IN 2015

Vienna Insurance Group (VIG) records solid premium performance in 2015. EUR 9.0 billion in gross written premiums. The 1.4 percent decrease in premium volume was primarily due to the ongoing low level of interest rates and the resulting restraint exercised with respect to sales of single-premium life insurance products.

April 7, 2016

Vienna Insurance Group: Preliminary profit before taxes and dividend proposal 2015 as well as outlook for 2016

In a challenging environment Vienna Insurance Group achieved a premium volume of more than EUR 9 billion. Premiums in property and casualty (+0.8%), health (+3.0%) and regular-premium life business (+4.9%) increased. The due to the current low interest rate environment exercised restraint in the single-premium business (-15.7%) led to an overall decrease of 1.4% in written premiums of the Group.

March 16, 2016

Vienna Insurance Group / Vienna Insurance Group continues expansionin the Baltics; VIG acquires BTA Baltic - Top insurance player in the Baltics

Vienna Insurance Group has taken another step towards expanding its presence in Central and Eastern Europe. After acquiring Latvian non-life insurer Baltikums AAS this summer, VIG will secure a majority stake in another Latvian insurance company.

December 18, 2015

VIG: Elisabeth Stadler to Replace Peter Hagen as CEO

Due to differences in opinion regarding the future strategic orientation and steering of the Group, Peter Hagen will be leaving his position as Chairman of the Managing Board of the Vienna Insurance Group on 31 December 2015. Elisabeth Stadler will become his successor.

December 2, 2015

Vienna Insurance Group: Changes to the Group Managing Board

Vienna Insurance Group: Changes to the Group Managing Board

December 2, 2015

Vienna Insurance Group / Quarterly Report

Vienna Insurance Group is declaring the following financial reports below.

November 30, 2015

VIENNA INSURANCE GROUP 1st-3rd QUARTER 2015:- ALL MARKETS PROVIDE POSITIVE OPERATING RESULTS- PROFIT BEFORE TAXES BURDENED BY IMPAIRMENT OF IT SYSTEMS

Vienna Insurance Group continues to focus on developing profitable lines of business. These mainly include property and casualty (+0.9 percent) and regular-premium life insurance products, which recorded significant growth of 5.8 percent.

November 23, 2015

VIG Completes Acquisition of Latvian Non-Life Insurer Baltikums AAS

Vienna Insurance Group (VIG) has finalized the 100-percent acquisition of Riga-based Baltikums AAS. As a result of the acquisition, Vienna Insurance Group is now one of the top five insurers on the Latvian market.

October 27, 2015

Vienna Insurance Group expands its Group Managing Board

In its meeting today, the Supervisory Board of Vienna Insurance Group AG Wiener Versicherung Gruppe decided to expand its Managing Board. With effect from 1 January 2016, Judit Havasi and Roland Gröll will be appointed to the Managing Board. Also with effect from 1 January 2016, Elisabeth Stadler and Gábor Lehel will be appointed as Deputy Members of the Managing Board. As with current Board Members, the term of the appointments will be until 30 June 2018.

September 8, 2015

Vienna Insurance Group / Half Yearly Report

Vienna Insurance Group is declaring the following financial reports below.

August 28, 2015

Vienna Insurance Group / VIENNA INSURANCE GROUP IN FIRST HALF OF 2015:

In the current environment, Vienna Insurance Group is focusing on profitable lines of business in property and casualty and on regular premium products in life insurance, which grew well with an increase of 6.3 percent. The restraint out of earnings aspects in offering single premium life insurance led to a decrease in this area of 15.7 percent.

August 25, 2015

VIG's Compensa Acquires Lithuania’s Largest Life Insurance Sales Company

Vienna Insurance Group company Compensa Life SE has strengthened strengthened its sales structure in Lithuania with the acquisition of life insurance sales specialist Finsaltas. Finsaltas holds Latvia's biggest life insurance distribution network and recorded some EUR 7.1 million (USD 8.0 million) in life insurance premiums in 2014. for an undisclosed amount, VIG said Friday.

June 12, 2015

Vienna Insurance Group / Quarterly Report

Vienna Insurance Group is declaring the following financial reports below.

May 26, 2015

Vienna Insurance Group / VIENNA INSURANCE GROUP WITH A SOLID STARTINTO 2015

"In a very challenging market environment, Vienna Insurance Group managed successfully to achieve positive results in all countries and business lines. Our strong regional ties which give us a close relationship with the markets resulted in certain parts in a significant premium growth."

May 20, 2015

Vienna Insurance Group / Yearly Report

Vienna Insurance Group is declaring the following financial reports below.

April 29, 2015

EANS-General Meeting: Vienna Insurance Group / Invitation to the General Meeting

NOTICE OF MEETING for the 24th Annual General Meeting (AGM) of VIG Vienna Insurance Group.

April 28, 2015

Vienna Insurance Group Places EUR 400 Million Bond Issue

Vienna Insurance Group AG Wiener Versicherung Gruppe placed a subordinated bond with a volume of EUR 400 million with institutional investors.

February 18, 2015

Vienna Insurance Group / Intended issue and repurchase of bonds

The management of Vienna Insurance Group AG Wiener Versicherung Gruppe ("VIG") is planning, subject to a positive overall capital market environment, to issue subordinated notes under its EUR 400,000,000 Subordinated Notes Programme as well as to invite holders of certain notes to tender these notes for repurchase by VIG for cash.

February 11, 2015

Vienna Insurance Group / Quarterly Report

Vienna Insurance Group is declaring the following financial reports below.

November 21, 2014

Vienna Insurance Group / STRONG RESULT INCREASE IN THE FIRST THREEQUARTERS OF 2014

Vienna Insurance Group recorded very good business development in the first three quarters of 2014. Premiums were around EUR 7.0 billion, remaining at the level of the previous year in spite of significant negative exchange rate effects. When adjusted for these effects, premiums increased by 1.7 percent.

November 18, 2014
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