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Facts & Figures
The Vienna Insurance Group (V.I.G.)
- is the largest CEE insurance pure play
- is focused on long-term earnings growth
- has an attractive Austrian franchise
- follows a successful multi-brand strategy with focus on local management
- has strongly diversified customer access through multi-channel distribution
- follows a conservative risk management approach
Link: Strategy
The Vienna Insurence Group (V.I.G.) is operating in 23 countries
On the Austrian market, the Group positions itself with Wiener Städtische Versicherung, Donau Versicherung and Sparkassen Versicherung. Furthermore, it has a minority holding in Wüstenrot Versicherung.
Outside its Austrian home market, the Vienna Insurance Group (V.I.G.) is also active, through subsidiaries and insurance holdings, in Albania, Belarus, Bulgaria, Croatia, the Czech Republic, Estonia, Georgia, Germany, Hungary, Latvia, Liechtenstein, Lithuania, Macedonia, Poland, Romania, Russia, Serbia, Slovakia, Turkey and Ukraine. Branch offices are maintained in Italy and Slovenia.
The Vienna Insurance Group (V.I.G.) is among the market leaders in Austria, the Czech Republic, Slovakia, Romania, Bulgaria, Albania and Georgia.
The Vienna Insurance Group (V.I.G.) aims to be at least among the Top 3 insurers in each of its core markets (see red colored countries in the picture below).
Expansion of Vienna Insurance Group (V.I.G.) in CEE
| 1990 | Czech Republic, Slovakia | 2003 | Serbia | ||||
| 1996 | Hungary | 2004 | Ukraine, Slovenia | ||||
| 1998 | Poland | 2005 | Georgia | ||||
| 1999 | Croatia | 2006 | Russia | ||||
| 2001 | Romania | 2007 | Turkey, Albania/ Macedonia, Estonia, Latvia, Lithuania | ||||
| 2002 | Bulgaria, Belarus |
Download: Track Record of Vienna Insurance Group in CEE (pdf, 24 KB, 16/09/2008)
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