Die Vienna Insurance Group

What Die Vienna Insurance Group does

Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG) is a Vienna-headquartered, publicly traded insurance holding company founded in 1824 that operates a multi-brand insurance and reinsurance platform across approximately 30 countries, with the bulk of its footprint in Central, Eastern, and Southeastern Europe. Through a network of more than 50 wholly-owned insurance companies and pension funds — including regional brands such as Wiener Städtische Versicherung, DONAU Versicherung, Kooperativa (Czech Republic/Slovakia), Compensa (Baltics/Poland), Wiener Osiguranje (Croatia), SIGMA (Albania), Wiener RE, BTA Baltic, Vienna Life, ALFA (Hungary), and the newly acquired NÜRNBERGER (Germany) — the group services approximately 36 million customers with life insurance, non-life (P&C) coverage including motor and property, pensions, and a growing portfolio of specialized products such as biometric insurance and war-risk coverage in Ukraine. The group also runs an in-house reinsurance arm, VIG Re, which underwrites both intra-group and third-party P&C reinsurance and reported EUR 995.6 million in gross written premiums for 2025.

VIG's underlying technology stack consists of insurance technology infrastructure supporting digital transformation across its 50+ subsidiaries, with proprietary elements including a Cyber Defence Center, the evolve28 three-year strategic program (targeting EUR 20 billion in gross written premiums and EUR 1.5 billion in profit before taxes by 2028), and localized digital initiatives such as paperless ISO-certified offices at BTA Baltic and prevention-focused biometric product development across the network. Distribution is carried out predominantly through regional insurance subsidiaries that employ tied agents, captive sales forces, and broker partnerships, supplemented by direct sales capabilities in selected markets. Revenue mechanics are fundamentally subscription/recurring in nature: VIG collects recurring premium income on life and non-life policies, prices risk at the local subsidiary level based on risk assessment, coverage type, and customer profile, and reports under gross written premiums. In 2025, the group recorded EUR 16.3 billion in gross written premiums (+7.1% year-over-year) and EUR 1.16 billion in profit before taxes (+31.7% year-over-year), its first time crossing the EUR 1 billion profit threshold, with a 90.1% net combined ratio and a 12% proposed dividend increase to EUR 1.73 per share.

Name

Die Vienna Insurance Group

Legal name

Vienna Insurance Group AG Wiener Versicherung Gruppe

Website

https://vig.com

Company type

Public

Founded year

1824

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Vienna Insurance Group is a publicly traded Austrian insurance holding company that operates 50+ insurance and pension subsidiaries across 30 countries — primarily in Central, Eastern, and Southeastern Europe — serving 36 million customers with life, non-life, motor, property, reinsurance, and specialized coverage including biometric and war-risk products.

Ownership category

akta.pro rank

Product category

Multi-line Insurance

NAICS

Insurance Carriers (5241), Direct Life, Health, and Medical Insurance Carriers (52411), Direct Health and Medical Insurance Carriers (524114), Insurance Carriers and Related Activities (524)

SIC

Insurance Carriers, Nec (6399), Life Insurance (6311), Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321)

akta.pro primary industry

Variable Universal Life (VUL) Insurance (FSAIABAD)

akta.pro secondary industries

Large Group Health Insurance (Mid-Market & National Accounts) (FSAIAFAE), Group Term Life Insurance (FSAIAAAJ), Small Group Health Insurance (2–50/100) (FSAIAFAD)

Keywords

• Multi-line insurance
• Life insurance
• Property and casualty
• Reinsurance services
• Pension products

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Non-Life Insurance Premiums: Core P&C insurance business including motor, property, and other non-life coverage across CEE markets. Non-life insurance premiums rose 12% in Croatia (H1 2026), contributing 21% motor and 17% property to total premium income.
2. Life Insurance Premiums: Life insurance products including protection and savings products. Life insurance grew 7.3% in Croatia (H1 2026) and contributed 32% to total premium income.
3. Reinsurance (VIG Re): VIG Re, the reinsurance arm, generated EUR 995.6 million in gross written premiums and EUR 49 million profit before tax in FY 2025. Positioned among Top 30 global P&C reinsurance brands.
4. War-Risk Insurance: Specialized war-risk insurance products for Ukrainian small and medium-sized businesses and private individuals, enabled by DFC reinsurance facility backing

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Vienna Insurance Group (VIG) is a leading Central and Eastern European insurance group providing life, non-life, motor, property, liability, health and pension insurance products, along with reinsurance services, through approximately 50 insurance companies and pension funds operating across 30 countries. The group serves roughly 36 million customers via established regional brands such as Wiener Städtische, Kooperativa, Compensa, NÜRNBERGER, Wiener RE and VIG Re.

Product overview

Vienna Insurance Group (VIG) is a multi-brand insurance and reinsurance platform operating across 30 countries in Central and Eastern Europe through approximately 50 insurance companies and pension funds. The portfolio consists of subsidiary insurance and reinsurance brands including VIG Re (reinsurance), Wiener Städtische Versicherung, DONAU Versicherung, Kooperativa (Czech Republic/Slovakia), Compensa (Baltic states/Poland), NÜRNBERGER (Germany), Wiener Osiguranje (Croatia), SIGMA (Albania), Vienna Life (Poland/Liechtenstein), BTA Baltic, Vienna Osiguranje (Bosnia), ALFA (Hungary), Kupala (Belarus), and Winner Life (Macedonia). These subsidiaries collectively service approximately 36 million customers with life, non-life, motor, property, and specialized insurance products.

Differentiator

Problem solved

Functional benefit

Products and services

• Life Insurance Life insurance products including protection and savings policies sold to individual retail customers across VIG's 30-country CEE footprint through wholly-owned subsidiaries such as Compensa Life, Vienna Life and Winner Life.
• Non-Life Insurance (Motor, Property, Liability) Property and casualty insurance covering motor vehicle, property, and general liability risks for retail and commercial customers, delivered through regional subsidiaries such as Wiener Osiguranje VIG, Compensa VIG and Kooperativa.
• VIG Re Reinsurance Reinsurance services provided by VIG Re, the group's reinsurance arm, generating EUR 995.6 million in gross written premiums in 2025 and ranked among the Top 30 global P&C reinsurance brands.
• Pension Funds and Savings Products Long-term pension and savings solutions operated through pension funds within VIG's subsidiary network across CEE markets, addressing retirement savings needs of individual customers.
• War-Risk Insurance for Ukraine Specialized war-risk insurance coverage for Ukrainian small and medium-sized businesses and private individuals, delivered through Kniazha VIG with a USD 25 million DFC reinsurance facility backing a portfolio of up to USD 100 million in policies.
• Biometric and Prevention-Focused Insurance Products Innovative biometric insurance products developed under the evolve28 strategy, leveraging health and biometric data for risk assessment and prevention, positioned across the VIG network including the recently acquired NÜRNBERGER.

Quantifiable outcome

• EUR 1.16 billion profit before taxes in 2025, exceeding EUR 1 billion for the first time
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered key and expansion.

• AonkeyStrategic or Co-development Partner · 1 February 2026Global professional services firm Aon supported the DFC reinsurance facility agreement with Kniazha VIG, providing broking expertise for the war-risk insurance solution structure.
• Singapore Reinsurers' AssociationexpansionTechnology or Integration · 1 January 2025VIG Re gained associate membership in the Singapore Reinsurers' Association in early 2026, supporting plans to establish a Singapore office pending regulatory approval for continued expansion across Europe and Asia.

Scale indicators20 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Swiss Re: Global Top 2 reinsurer competing head-to-head with VIG Re in European P&C and specialty lines, with similar Singapore/Asia reinsurance expansion ambitions and a comparable multi-line primary insurance footprint.
• Munich Re: Global Top 3 reinsurer and the most direct listed peer to VIG Re, with similar combined-ratio discipline, CEE underwriting exposure, and expansion into biometric/prevention-focused primary insurance through ERGO.
• UNIQA Insurance Group: Austrian-headquartered multi-line insurer with deep CEE footprint across 18 countries, ~16 million customers, and a comparable balance of life and non-life business — the most direct Austrian competitor to VIG and closest comparable on geography, scale, and product mix.
• Generali Group: Italian-headquartered global insurer with material CEE presence through Generali CEE Holding, multi-line life and P&C offerings, and a comparable acquisition-led growth model in Central and Eastern Europe.

Broad incumbents

• AXA: French-headquartered global multi-line insurer with material Central European life and P&C operations; broader portfolio including asset management makes it a broader incumbent rather than a focused direct peer.
• Talanx AG: German-listed multi-line insurer operating HDI and Hannover Re; comparable in P&C focus and European footprint, with a similar public-company governance structure and CEE/Eastern European exposure through HDI.
• Allianz: World's largest insurance group with significant CEE operations through Allianz Central Europe, offering P&C, life, health, and asset management products across overlapping geographies at materially larger scale than VIG.
• Zurich Insurance Group: Swiss-headquartered global multi-line insurer with comparable life and P&C mix, similar European focus, and overlapping biometric/wellness product strategy targeting prevention-based insurance.
• Sampo Group: Finnish-listed holding company owning If P&C and Topdanmark, with similar Northern/Central European P&C leadership and a comparable listed-holding structure for multi-brand insurance operations.
• Helvetia Insurance: Swiss multi-line insurer with European home-market focus and recent expansion into Spain/Portugal via the Caser acquisition; comparable in scale, multi-brand model, and life/P&C mix to VIG.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ViennaInsurance
• YouTubeyoutube.com/@viennainsurancegroupag
• LinkedInlinkedin.com/company/vienna-insurance-group

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries20 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Die Vienna Insurance Group