Objectives and Outlook

Together, the VIG companies form the leading insurance group in Central and Eastern Europe, with VIG Holding headquarters in Vienna. The VIG Insurance Group's strategy is focused on sustainable, profitable growth.

Vienna Insurance Group defines the expansion of the Group's leading position in CEE, the creation of sustainable value as well as the achievement of ESG related goals as its three Group targets. 

Outlook 2023

Last update: 15 March 2023

The development for 2023 is difficult to assess due to a multitude of uncertainty factors, above all the ongoing war situation in Ukraine. The weaker macroeconomic environment and the expected higher volatility of the financial markets currently limit the predictability of business development.

Against this backdrop, and also in view of the changeover to new accounting from 2023, any concrete outlook for 2023 based on IFRS 17/9 will only be possible in the course of the year.

Subject to the aspects mentioned above and taking into account the fact that VIG has been able to manage the current challenges in the operating insurance business very well so far, VIG continues to aim for a positive operating performance in 2023 after 2022.

This outlook information includes forward-looking statements that concern future developments. These statements are based on current assumptions and forecasts made by the management. Changes in general economic developments, future market conditions, capital markets and other circumstances could result in actual events or results differing significantly from these forward-looking statements.