Corporate Governance

Corporate Governance in the Vienna Insurance Group

The Vienna Insurance Group has declared its adherence to the Austrian Code of Corporate Governance for years, and each year reports on its compliance with the Code’s provisions in the Annual Report as well as on the Internet.

The management of the Vienna Insurance Group places great importance on observing and complying with the provisions of the Austrian Code of Corporate Governance for the purpose of creating sustainable value for all stakeholders. Many departments in the Group actively assist management in the practical application of the Code.

All of the activities involved in putting corporate governance into actual practice centre on open and transparent communications both between participants inside the Group and with all external market participants.

The Vienna Insurance Group views corporate governance as an ongoing process that changes constantly in response to changes in current conditions and trends and must be continuously improved for the benefit of the Group and all of its stakeholders.

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