Vienna Insurance Group AG (VIG)
Wiener Börse · Financials · analysed October 12, 2026
Vienna Insurance Group AG is a leading financial services provider operating across Austria and Central and Eastern Europe, offering property and casualty, life, and health insurance along with reinsurance services. Founded in 1824, the company operates through a decentralized, multi-brand model encompassing dozens of regional subsidiaries and pension funds. Under its evolve28 strategic framework, the group is focused on strengthening its market leadership in the CEE region, driving long-term premium and profit growth, advancing digital transformation, and further integrating sustainability into its underwriting and investment operations.
Executive summary
Vienna Insurance Group AG holds the leading market share across Central and Eastern Europe and Austria, supported by an exclusive bancassurance alliance with Erste Group and a robust Solvency II ratio of 272%3,6,25. The group trades at an undemanding forward price-to-earnings ratio of 8.2x while integrating its major acquisition of Germany's NÜRNBERGER, completed in May 20263,17. While severe Central European weather and flood exposures introduce periodic claims volatility, sound underwriting discipline and an S&P rating on positive outlook provide solid defensive strength17,19.
Sources cited here, 5 of 33
- 3group.vig
- 6group.vig
- 17group.vig
- 19spglobal.com
- 25ersteconferences.com
Key figures
- Market cap
- $9.3B
- P/E, trailing
- 9.1
- P/E, next 12 months
- 8.2
- Revenue growth, last fiscal year
- 8.7%
- Net margin, last fiscal year
- 6.3%
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