Vienna Insurance Group AG - Company Profile
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Vienna Insurance Group AG (Vienna Insurance) is a leading insurance group in Central and Eastern Europe. The group focuses on providing insurance and pension fund services across various markets. Its major products include health insurance, life insurance with and without profit participation, motor own damage insurance, motor third party liability insurance, and other property and casualty insurance. The group serves various customers, offering protection against everyday risks across multiple industries. The group operates through a network of local brands and insurance companies in countries. Its primary geographic focus is on Central and Eastern Europe, with additional markets in other parts of Europe. Vienna Insurance is headquartered in Vienna, Austria.
Headquarters
Austria
Address
Schottenring 30, Vienna, Oberosterreich , 1010
Website
group.vig
Telephone
43 50 39022000
No of Employees
33,279
Industry
Financial Services
Ticker Symbol & Exchange
VIG (WBAG)
Revenue (2024)
$15.5B
6.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
36.7%
(2024 vs 2023)
Market Cap*
$9.7B
Net Profit Margin (2024)
XYZ
28.5%
(2024 vs 2023)
* As of and is in US$
Vienna Insurance Group AG premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Life Insurance: | Claims Settlement |
| Endowment Insurance | Collection of Premium |
| Unit- and Index-Linked Insurance | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In May, the company signed an agreement to sell a 10% stake in Carpathia Pensii to International Finance Corp. |
| 2026 | Acquisitions/Mergers/Takeovers | In May, the company acquired NURNBERGER Beteiligungs-AG (Nurnberger). |
| 2026 | Plans/Strategy | In January, VIG Re announced its plans to launch a hub in Singapore. |
Competitor Comparison
| Key Parameters | Vienna Insurance Group AG | Allianz SE | Assicurazioni Generali SpA | UNIQA Insurance Group AG | Grazer Wechselseitige Versicherung AG |
|---|---|---|---|---|---|
| Headquarters | Austria | Germany | Italy | Austria | Austria |
| City | Vienna | Munich | Trieste | Wien | Graz |
| State/Province | Oberosterreich | Bayern | Friuli-Venezia Giulia | Oberosterreich | Steiermark |
| No. of Employees | 33,279 | 156,875 | 88,000 | 15,131 | 1,600 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hartwig Loger | Chief Executive Officer; General Manager | Senior Management | 2023 | 61 |
| Gerhard Lahner | Chief Operating Officer | Senior Management | 2020 | 49 |
| Peter Hoefinger | Deputy General Manager; Chief Executive Officer-Deputy | Senior Management | 2023 | 55 |
| Gabor Lehel | Chief Innovation Officer | Senior Management | 2020 | 49 |
| Liane Hirner | Chief Financial and Risk Officer | Senior Management | 2018 | 58 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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