Visit to VIG - Vienna Insurance Group
On 19 February 2025 CdH visited VIG, Vienna Insurance Group, in one of the most prestigious locations in Vienna.
Deputy CEO Mag. Peter Höfinger presented the VIG, Vienna Insurance Group, the leading insurance group throughout Central and Eastern Europe
(CEE). More than 50 insurance companies and pension funds in 30 countries form
a Group with a long-standing tradition, strong brands and close customer
relations. The around 30,000 employees in the VIG take care of the day-to-day
needs of around 32 million customers.
VIG was one of the first European insurance groups to begin expanding
into the markets of the CEE region after the fall of the Iron Curtain in 1989.
Step by step, the Group established itself in new markets and has become the
number one in the region. Vienna Insurance Group places an emphasis on Central
and Eastern Europe as its home market and pursues a long-term strategy in the
markets where it is represented. More than half of the total business volume
and profit is generated in this region.
Vienna
Insurance Group is synonymous with stability and expertise in providing its
customers with financial protection against risks. Great importance is attached
to a local multi-brand policy with regionally established brands and local
entrepreneurship. Ultimately, the Group's success and closeness to its
customers is down to the individual strengths of each brand and local know-how.
VIG pursues a long-term business strategy in its markets that is focused
on sustainable profitability and continuous earnings growth. It has strong
finances & credit rating.
Vienna Insurance Group has been awarded an A+ rating with a stable outlook from the internationally recognised rating agency Standard & Poor’s. The Vienna Insurance Group is listed in Vienna, Prague and Budapest. Wiener Städtische Versicherungsverein – a stable core shareholder with a long-term focus – owns 72% of VIG's shares. The remaining shares are in free float.
In the Q&A Session Deputy CEO Mag. Peter Höfinger and his team were available for answering numerous questions concerning insurance issues, whilst our members could enjoy snacks and a phantastic view on the City of Vienna from the 20th floor of the Ringturm.