Albania
Through the acquisition of Sigma, the Vienna Insurance Group entered the Albanian market and, with a market share of 16.8%, ranks an impressive third on the market. In motor vehicle insurance, the Vienna Insurance Group is already Number 2, with a market share of 21.1%.
Baltic states
With the acquisition of Seesam, the Vienna Insurance Group established itself in the Baltic states of Estonia, Latvia and Lithuania recently and now ranks sixth in this region in the life insurance segment, with a market share of 5.1%.
Bulgaria
Through high organic premium growth, the Vienna Insurance Group rose to a clear position of market leadership in Bulgaria in 2007. The Bulstrad and Bulgarski Imoti companies jointly boosted their market share to 18.1%.
Georgia
The Georgian companies of the Vienna Insurance Group, GPIH and IRAO, together have an excellent second-place market ranking, with a market share of 33.0%.
Serbia
Through high organic growth, the Vienna Insurance Group increased its market share in Serbia to 7.6%, compared to 6.4% in 2006. In life insurance, the Serbian company already holds a third of the market with a 30.6% market share.
Turkey
Through the purchase of Ray Sigorta, the Vienna Insurance Group succeeded in entering the Turkish insurance market. With a market share of 2.7%, the Vienna Insurance Group ranks twelfth in non-life insurance.
Ukraine
Through the additional purchase of USG and the strong premium growth of the companies previously acquired, the Vienna Insurance Group rose to Number 6 on the Ukrainian market.
Hungary
In Hungary, the Vienna Insurance Group achieved high organic growth in 2007, expanding its market share from 2.1% to 2.6% and thereby coming in ninth.
