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Vienna Insurance Group Profile

The Vienna Insurance Group has undergone a remarkable transformation in the past decades. The Group’s focus is on the Central and Eastern European region (CEE), where the Vienna Insurance Group is one of the leading insurance providers.

The Vienna Insurance Group (V.I.G.), with its registered office in Vienna, is now one of the largest international insurance groups in Central and Eastern Europe with approximately 23,000 employees and a premium volume of around EUR 8 billion. With its focussed and clear internationalisation strategy in the CEE economic region, the insurance provider made the transition from a national insurance company to an international insurance group with more than 50 insurance companies in 23 countries. In total, about 50% of all group premiums already come from the Central and Eastern European markets.

Focus on the CEE region

Outside its Austrian core market, the Vienna Insurance Group is active in Albania, Bulgaria, Germany, Estonia, Georgia, Croatia, Latvia, Liechtenstein, Lithuania, Macedonia, Poland, Romania, Russia, Serbia, Slovakia, the Czech Republic, Turkey, Hungary, Ukraine and Belarus through interests it holds in insurance companies. The Group also has branch offices in Italy and Slovenia.

Comprehensive Product Offer

The insurance companies of the Vienna Insurance Group offer high-quality insurance services in both the life insurance and non-life insurance areas. The main goal thereby is providing local insurance solutions for all possible situations as well as an optimal customer service.

Expansion Steps of V.I.G. in CEE

1990 Germany, Slovakia, the Czech Republic
1996 Hungary
1998 Poland
1999 Liechtenstein, Croatia, Italy
2001 Romania
2002 Bulgaria, Belarus
2003 Serbia
2004 Slovenia, Ukraine
2005 Georgia
2006 Russia
2007 Turkey, Albania, Macedonia, Estonia, Latvia, Lithuania

You can find detailed information about the companies of the Vienna Insurance Group in the countries of the Central and Eastern European region at V.I.G. in CEE.

Group Reinsurance in Prague

In 2008, the Vienna Insurance Group formed an in-house reinsurance company in the Czech Republic. The formation of the company VIG Re that has its registered office in Prague is a clear signal for the Central and Eastern European region as core market of the Vienna Insurance Group.

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