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 2021

Last update 7 December 2021

Based on current assumptions and with reference to the uncertainty regarding further global macroeconomic developments and the course of the pandemic, the VIG-Group plans to achieve the following targets in the 2021 financial year (excluding Aegon CEE):

Premium volume exceeding the level of 2020 (> EUR 10.4 billion), profit before taxes in the range of EUR 450 to 500 million, the combined ratio remains at a sustainable level of around 95%.

Note:
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.