The Vienna Insurance Group is represented in the Czech Republic by Kooperativa, ČPP and, since September 2008, by Pojišťovna České Spořitelny (PČS), taken over in connection with the acquisition of the Erste Group’s insurance operations. The Group’s reinsurance company, VIG RE, is also part of the Czech Republic segment. The Vienna Insurance Group holds a market share of 31.4% in the Czech insurance market, making it number 2 in both the life and non-life segments. The Czech Republic already generates around 18% of the Vienna Insurance Group’s total premium volume.
Czech Republic
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Every third automobile in the Czech Republic is insured with the Vienna Insurance Group.
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