Vienna Insurance Group AG - Company Profile

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Vienna Insurance Group AG: Overview

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Vienna Insurance Group AG (Vienna Insurance) is a multi-line insurance company. It offers insurance products for life, health, motor third party liability, motor own damage, other property and casco. The group also offers annuity insurance, endowment insurance, unit and index linked insurance, fixed term insurance, government sponsored pension plans, term life insurance, individual health insurance and group health insurance. It offers insurance products for casualty, aircraft own-damage, guarantee, legal expenses, aircraft liability, miscellaneous financial losses, travel health and credit. It sells insurance policies through sales employees, bank partners, brokers, and agents. The group operates in Hungary, Bulgaria, Georgia, Turkey, Germany the Czech Republic, Liechtenstein, Albania, Bosnia-Herzegovina, Croatia, Austria, Slovakia, Poland, Latvia, North Macedonia, Moldova, Serbia, Ukraine, and Romania. Vienna Insurance is headquartered in Vienna, Austria.

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Headquarters Austria
Address Schottenring 30, Wien, Oberosterreich , 1010
Website www.vig.com
Telephone 43 50 39022000
No of Employees 29,178
Industry Financial Services
Ticker Symbol & Exchange VIG (WBAG)
Revenue (2021) $12.6B 13.1% (2021 vs 2020)
EPS XYZ
Net Income (2021) XYZ 23.8% (2021 vs 2020)
Market Cap* $3.9B
Net Profit Margin (2021) XYZ 9.3% (2021 vs 2020)
* As of and is in US$
View Vienna Insurance Group AG financials
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Vienna Insurance Group AG premium industry data and analytics

630+

Insurance Market Data Insights

Insight into market share and brand performance.

2

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Vienna Insurance Group AG (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Vienna Insurance Group AG’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Life Insurance: Claims Settlement
Endowment Insurance Collection of Premium
Unit- and Index-Linked Insurance
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In January, the company announced a collaboration with Wien Energie to introduce the first nationwide energy community.
2023 Contracts/Agreements In November, the company signed an agreement to acquire a 35% stake in VIG Magyarorszag Befektetesi Zrt. from Corvinus.
2023 Contracts/Agreements In July, the company along with Lloyd’s of London and Aon Plc entered into a partnership to provide cover in Ukraine.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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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 Wien Muenchen Trieste Wien Graz
State/Province Oberosterreich Bayern Friuli-Venezia Giulia Oberosterreich Steiermark
No. of Employees 29,178 157,883 81,879 14,570 1,600
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Hartwig Loger Chief Executive Officer Senior Management 2023 -
Gerhard Lahner Chief Operating Officer Senior Management 2020 46
Peter Hoefinger Chief Executive Officer - Deputy Senior Management 2023 -
Gabor Lehel Chief Innovation Officer Senior Management 2020 46
Liane Hirner Chief Financial and Risk Officer Senior Management 2018 55
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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