Austria
In 2007, the Vienna Insurance Group strengthened its leadership of the market and, with its latest market share of 24.3%, is the clear Number 1 in Austria. Furthermore, the Vienna Insurance Group unequivocally occupies the leading market position in property/casualty and life insurance as well.
Czech Republic
With a market share of 25.9%, the Vienna Insurance Group holds an outstanding second place ranking in the Czech Republic. Through successful organic growth, the market share in non-life insurance rose from 33.4% in 2006 to 33.6% in 2007. Hence the Vienna Insurance Group ranks second in this segment as well. In addition, every third automobile in the Czech Republic already is insured with Vienna Insurance Group.
Slovakia
In Slovakia too, the Vienna Insurance Group increased its latest market share to 29.2%, compared to 27.1% in 2006, thereby strengthening second place. In motor vehicle insurance, the Vienna Insurance Group rose to a position of market leadership by expanding its market share to 40.4%.
Poland
In 2007, the Polish companies posted strong organic growth, and their market presence was further strengthened with the purchase of TU PZM and FinLife. The latest market share of the Vienna Insurance Group grew to 4.9%, as against 3.9% in 2006. In motor vehicle insurance, the Vienna Insurance Group occupies an excellent fourth place position, with a market share of 6.8%.
Romania
Through organic growth and the acquisition of Asirom, one of the leading Romanian insurance companies, the Vienna Insurance Group significantly strengthened its market leadership in Romania and increased its latest market share to 27.7%.
