Last update 31 July 2019
The internationally recognised rating agency Standard & Poor's once again confirmed the A+ rating with stable outlook for Vienna Insurance Group AG Wiener Versicherung Gruppe on 30 July 2019.
S&P Research Update (113 KB)
Business risk profile: strong
S&P based its positive assessment on the company’s broad-based product portfolio and sound premium diversification at Group companies, and its market leadership in Austria and CEE. The multi-brand strategy, multi-channel distribution and the broad geographical and business line diversity played a role in the rating. In comparison with market peers, S&P highlighted VIG’s consistently positive operating performance.
Financial risk profile: very strong
S&P confirmed that Vienna Insurance Group has a “comfortable capital buffer” at the AAA level. The rating agency expects this position to remain unchanged. S&P also emphasised VIG’s strong capital adequacy with a very robust regulatory solvency ratio of 239 percent.