Vienna Insurance Group AG - Company Profile
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Vienna Insurance Group AG (Vienna Insurance) is a multi-line insurance company. It offers insurance products for life, health, motor third party liability, motor own damage, other property and casco. The group also offers annuity insurance, endowment insurance, unit and index linked insurance, fixed term insurance, government sponsored pension plans, term life insurance, individual health insurance and group health insurance. It offers insurance products for casualty, aircraft own-damage, guarantee, legal expenses, aircraft liability, miscellaneous financial losses, travel health and credit. It sells insurance policies through sales employees, bank partners, brokers, and agents. The group operates in Hungary, Bulgaria, Georgia, Turkey, Germany the Czech Republic, Liechtenstein, Albania, Bosnia-Herzegovina, Croatia, Austria, Slovakia, Poland, Latvia, North Macedonia, Moldova, Serbia, Ukraine, and Romania. Vienna Insurance is headquartered in Vienna, Austria.
Vienna Insurance Group AG premium industry data and analytics
Products and Services
Products | Services |
---|---|
Life Insurance: | Claims Settlement |
Endowment Insurance | Collection of Premium |
Unit- and Index-Linked Insurance | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In January, the company announced a collaboration with Wien Energie to introduce the first nationwide energy community. |
2023 | Contracts/Agreements | In November, the company signed an agreement to acquire a 35% stake in VIG Magyarorszag Befektetesi Zrt. from Corvinus. |
2023 | Contracts/Agreements | In July, the company along with Lloyd’s of London and Aon Plc entered into a partnership to provide cover in Ukraine. |
Competitor Comparison
Key Parameters | Vienna Insurance Group AG | Allianz SE | Assicurazioni Generali SpA | UNIQA Insurance Group AG | Grazer Wechselseitige Versicherung AG |
---|---|---|---|---|---|
Headquarters | Austria | Germany | Italy | Austria | Austria |
City | Wien | Muenchen | Trieste | Wien | Graz |
State/Province | Oberosterreich | Bayern | Friuli-Venezia Giulia | Oberosterreich | Steiermark |
No. of Employees | 29,178 | 157,883 | 81,879 | 14,570 | 1,600 |
Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Hartwig Loger | Chief Executive Officer | Senior Management | 2023 | - |
Gerhard Lahner | Chief Operating Officer | Senior Management | 2020 | 46 |
Gabor Lehel | Chief Innovation Officer | Senior Management | 2020 | 46 |
Peter Hoefinger | Chief Executive Officer - Deputy | Senior Management | 2023 | - |
Liane Hirner | Chief Financial and Risk Officer | Senior Management | 2018 | 55 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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