Austria

The Vienna Insurance Group, consisting of the Wiener Städtische, Donau Versicherung and, since 2008, the s Versicherung, is the largest insurance group in Austria, with a market share of 24.6%. In the course of of its acquisition of the Erste Group’s insurance operations, the Vienna Insurance Group sold its shares in Bank Austria Creditanstalt Versicherung to the ERGO Insurance Group.