Vienna Insurance Group’s strong growth continued in first half of 2024
Positive outlook for 2024 guidance confirmed• Gross written premiums increased to EUR 7.9 billion (+7.9%)• Insurance service revenue grew to EUR 5.9 billion (+10.0%)• Profit before taxes risen to EUR 481.0 million (+3.9%)• Net combined ratio improved to 93.3% (-0.7 percentage points)• Excellent solvency ratio of 265% “With our results for the first half of […]
Vienna Insurance Group secures 🅰️➕ top rating with stable outlook
The international rating agency Standard & Poor’s (S&P) has awarded an excellent „A+“ rating with stable outlook to Vienna Insurance Group (VIG). This puts VIG among the best-rated companies in the leading Austrian Traded Index. An „A+“ rating with stable outlook was also affirmed for the Group’s own reinsurance company VIG Re, based in Prague. […]
First quarter 2024: Vienna Insurance Group continues to grow
Vienna Insurance Group (VIG) increased its gross written premiums by 11% to EUR 4.3 billion after the first quarter of 2024. With a solvency ratio of 262% as of 31 March 2024, the Group continues to be excellently capitalised. Gross written premiums of EUR 4.297 million In the first quarter of 2024, VIG generated a […]