In spite of the sale of BA-CA Versicherung, the Vienna Insurance Group used its acquisition of Sparkassen Versicherung AG Vienna Insurance Group1 to further strengthen its market leadership in 2008. Its market share of 24.6% at the end of the period makes it the clear number 1 in Austria. Vienna Insurance Group is also the undisputed market leader in property/casualty insurance with a market share of 21.3% and life insurance with a market share of 28.7%.
1 New company name subject to approval by the appropriate executive bodies of the Company and registration of the amendment to the articles of association by the local authorities.