Vienna Insurance Group
Vienna Insurance Group is the leading insurance group in Central and Eastern Europe, operating more than 50 insurance companies and pension funds across 30 countries that serve 36 million retail, corporate, and pension customers through property, casualty, life, and health insurance products.
- Company typePublic
- Founded1824
- HeadquartersOsterreicher, Austria
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Vienna Insurance Group does
Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG), headquartered at Schottenring 30 in Vienna, Austria, is the leading insurance group in Central and Eastern Europe. The company operates a federated holding structure comprising more than 50 insurance companies and pension funds across 30 countries, servicing 36 million customers through local market brands such as Wiener Städtische Versicherung, Kooperativa, ČPP, Compensa, Asirom, and Vienna-Life, plus the reinsurance unit VIG Re. Founded in 1824 (originating as Wiener Städtische Versicherungsverein) and publicly listed on the Vienna Stock Exchange under ticker VIG, the group is controlled by Wiener Städtische Versicherungsverein holding more than 25% of share capital.
VIG generates revenue primarily through gross written premiums (EUR 16.3 billion in FY2025, +7.1% YoY) across property, casualty, life, health, and motor insurance lines, supplemented by investment income from a EUR 41.7 billion capital investment portfolio (mid-2023). The business model combines risk-based individualized pricing on the retail side, multi-channel distribution (tied agents, brokers, bank assurance, digital) at the subsidiary level, and a Vienna-based Corporate Business hub serving international corporate clients in 120 countries. Technology infrastructure includes the VIG Globe digital platform for international program coordination, ORSA scenario analyses for climate risk, and subsidiary-level digital channels such as the IRAO online-first platform. Underwriting and claims expertise is centralized through the VIU Academy, supporting 36 property insurance companies across CEE, Germany, Türkiye, Georgia, and Scandinavia.
The group's strategic posture is anchored by the evolve28 plan (2026–2028) targeting at least EUR 20 billion in premiums and EUR 1.5 billion profit before taxes by 2028, supported by the completed Nürnberger Beteiligungs-AG acquisition (99.2% secured, largest transaction in VIG history), an IFC equity partnership in Ukrainian subsidiaries, and progressive sustainability commitments including EU taxonomy compliance for the Ringturm headquarters and climate-neutral office operations by 2030. FY2025 results marked a record with profit before taxes of EUR 1,161.3 million, and Q1 2026 PBT rose 18.8% YoY to EUR 310.3 million with a 91.8% combined ratio.
Vienna Insurance Group firmographics
Firmographics- Name
- Vienna Insurance Group
- Legal name
- VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe
- Website
- https://group.vig
- Company type
- Public
- Founded year
- 1824
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Vienna Insurance Group is the leading insurance group in Central and Eastern Europe, operating more than 50 insurance companies and pension funds across 30 countries that serve 36 million retail, corporate, and pension customers through property, casualty, life, and health insurance products.
- Ownership category
- akta.pro rank
Vienna Insurance Group industry classification
Industry- Product category
- Multi-line Insurance
- NAICS
- Insurance Carriers and Related Activities (524), Insurance Carriers (5241), Direct Life, Health, and Medical Insurance Carriers (52411), Direct Health and Medical Insurance Carriers (524114), Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Life Insurance (6311), Accident & Health Insurance (6321), Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Fully Insured Group Health Plans (Employer-Sponsored) (FSAIAFAA)
- akta.pro secondary industries
- Reinsurance Solutions for Group Benefits (Group Life, Group Disability, Supplemental Health) (FSAOAAAH), Basic Group Term Life (Employer-Paid) (FSAIADAA), Large Group Health Insurance (Mid-Market & National Accounts) (FSAIAFAE)
Keywords
Where Vienna Insurance Group is headquartered
LocationHeadquarters
- HQ city
- Osterreicher
- HQ country
- Austria
- HQ region
- Europe
Offices2 records
Markets served
Vienna Insurance Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Gross Written Premiums: VIG generates the majority of its revenue through insurance premiums across property, casualty, life, and health insurance lines. Q1 2026 gross written premiums expanded 4.4% to EUR 4.857 billion. Full year 2025 GWP was EUR 16.3 billion, up 7.1% year-over-year.
- Investment Income: VIG generates investment income from its total capital investment portfolio, which was EUR 41.7 billion as of mid-2023. The group manages investments across equities, fixed income, and real estate, with a focus on sustainable investment as part of its ESG commitments.
- Insurance Service Revenue (IFRS): Under IFRS 17, Insurance Service Revenue (versicherungstechnische Erträge) represents the consideration received for taking on insurance risk and related services. In H1 2023 this reached EUR 5,380.4 million, up 13.7% year-over-year.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Multi-line insurance products across property, casualty, life, health, and motor insurance |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
Vienna Insurance Group product offering
Product offeringCore offering
Vienna Insurance Group sells multi-line insurance products including property, casualty, life, health, and motor insurance, along with pension and retirement products, through more than 50 insurance companies and pension funds operating across 30 countries in Central and Eastern Europe. The group also offers international insurance programs for corporate customers operating in up to 120 countries and reinsurance through its VIG Re unit, with gross written premiums of EUR 16.3 billion in 2025.
Product overview
Vienna Insurance Group (VIG) is the leading insurance group in Central and Eastern Europe, operating as a multi-brand, multi-market insurance platform. The group comprises approximately 50 insurance companies and pension funds across 30 countries, servicing 36 million customers. The product portfolio spans multiple sub-brands including Wiener Städtische Versicherung, DONAU Versicherung, Kooperativa (Czech Republic), Compensa (Baltic States), Asirom (Romania), Vienna-Life, Kupala, Wiener Städtische Osiguranje, ČPP, IRAO, VIG Re, and others, covering property, casualty, life, and health insurance lines. The 2026 Nürnberger acquisition represents the largest transaction in VIG's history, significantly expanding the group's German market presence. The Corporate Business Services unit provides specialized underwriting, claims handling, and international program coordination for large corporate clients across the group's operating markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Insurance Property and casualty coverage for individuals and corporate customers, including fire, engineering, and physical asset protection across 30 countries through regional insurance brands.
- Casualty and Liability Insurance Liability and casualty insurance including motor liability and specialty liability coverage for individuals and enterprises across the group's markets.
- Life Insurance Life insurance coverage, including savings components, distributed through brands such as Wiener Städtische, Vienna-Life, and Compensa Life across multiple markets.
- Health Insurance Health insurance for individuals and groups provided across VIG's regional markets.
- Motor Insurance Personal and commercial motor insurance covering accident, damage, and liability risk for vehicle owners across VIG's 30-country network.
- Pension and Retirement Products
- Marine and Transport Insurance Specialized marine and transport insurance products offered through VIG's Corporate Business unit and regional property insurance companies for large corporate customers.
- Corporate Business International Insurance Programs A Vienna-based Corporate Business service that serves as a competence center for underwriting, claims, and international insurance programs for large corporate clients, issuing approximately 9,000 policies annually for international customers across 120 countries with premium volume of approximately EUR 2 billion in 2023.
- Reinsurance (VIG Re) Reinsurance services delivered through VIG Re Germany (Munich), serving as a reliable reinsurance partner for customers in Germany, Switzerland, Austria, Italy, and the Nordic countries.
Quantifiable outcome
- 18.8% year-over-year increase in Q1 2026 profit before taxes to EUR 310.3 million
- +9 more outcomes
Companies that use Vienna Insurance Group
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Vienna Insurance Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Vienna Insurance Group partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, minor and major.
- AfB (Arbeit für Menschen mit Behinderung)coreVIG has partnered with AfB since 2011, a non-profit IT company that refurbishes and recycles IT equipment. Through this partnership, VIG has created long-term jobs for people with disabilities, saved 1.5 million tonnes of CO2 equivalents, 11 million liters of water, 5.4 million kWh of electricity, and 480,000 kg of metals and minerals compared to producing new devices. Approximately 40% of AfB's employees are people with disabilities, making AfB a socio-ecological employer.
- Wien EnergiecoreVIG founded Austria's first energy community with Wien Energie, Austria's domestic energy provider. Wien Energie provides six photovoltaic and four wind power installations that supply more than half of all Austrian VIG locations with green energy, generating approximately 3 GWh per year of solar and wind power. This partnership supports VIG's goal of climate neutrality in office operations by 2030.
- Risk ConsultcoreVIG partner company Risk Consult conducts approximately 2,000 analyses of operating sites per year for VIG, assessing and improving the risk situations of corporate and large customers through on-site risk evaluations and recommendations.
- Leopold MuseumminorThe UNKNOWN FAMILIARS exhibition — The Vienna Insurance Group Collections was shown at the Leopold Museum in Vienna in 2024, featuring artworks from VIG's extensive art collections including those of Wiener Städtische, Wiener Städtische Versicherungsverein, Donau Versicherung, Kooperativa, and Wiener Städtische Osiguranje.
- Wiener Städtische VersicherungsvereinmajorWiener Städtische Versicherungsverein (Wiener Städtische Insurance Association) is the main shareholder of VIG, holding a stake of more than 25%. It jointly sponsors and supports cultural creators across music, painting, architecture, and photography with VIG. It also owns art collections and organizes the Ringturm Wrapping art project and Architektur im Ringturm exhibition series.
- UN Global Compact Netzwerk ÖsterreichminorVIG participated in an event moderated by the UN Global Compact Netzwerk Österreich on the topic of a just transition to climate-neutral economics, discussing qualifications and measures for socio-ecological workplaces alongside WIFO and AfB.
- Association of Bulgarian Insurers (ABZ)minorVIG collaborates with the Association of Bulgarian Insurers for industry data on insurance density and risk literacy statistics in CEE countries, supporting its research on underinsurance and risk competence in Central and Eastern Europe.
Scale indicators18 records
Recent moves7 records
Expansion highlights6 records
Vienna Insurance Group competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key highlights7 records
Customer concentration
Vienna Insurance Group social profiles
Digital presenceVienna Insurance Group compliance and trust
Trust signalCompliance4 records
Vienna Insurance Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vienna Insurance Group leadership team
Management profileNumber of profiles
Profiles10 records
Vienna Insurance Group subsidiaries and ownership
Company hierarchySubsidiaries18 records
Vienna Insurance Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vienna Insurance Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Vienna Insurance Group
What does Vienna Insurance Group do?
Vienna Insurance Group sells multi-line insurance products including property, casualty, life, health, and motor insurance, along with pension and retirement products, through more than 50 insurance companies and pension funds operating across 30 countries in Central and Eastern Europe. The group also offers international insurance programs for corporate customers operating in up to 120 countries and reinsurance through its VIG Re unit, with gross written premiums of EUR 16.3 billion in 2025.
Is Vienna Insurance Group a public or private company?
Vienna Insurance Group is a public company. It is classified as public and is currently operating.
When was Vienna Insurance Group founded?
Vienna Insurance Group was founded in 1824. It employs 5,001 to 10,000 people.
Where is Vienna Insurance Group based?
Vienna Insurance Group is headquartered in Osterreicher, Austria, in the Europe region.
How does Vienna Insurance Group make money?
Three revenue lines are on record. Gross Written Premiums are the primary driver. The others are investment Income and insurance Service Revenue (IFRS).
Does Vienna Insurance Group have an API?
No public API is recorded for Vienna Insurance Group.
What industry is Vienna Insurance Group in?
Vienna Insurance Group's product category is Multi-line Insurance. Its primary akta.pro industry code is FSAIAFAA, Fully Insured Group Health Plans (Employer-Sponsored), with a secondary code of FSAOAAAH, Reinsurance Solutions for Group Benefits (Group Life, Group Disability, Supplemental Health). Its NAICS code is 524 and its SIC code is 6311.