Other Markets

The Other markets segment includes the Vienna Insurance Group companies in Germany and Liechtenstein. The companies in the Other Markets segment contributed EUR 218.11 million in premiums, or 2.8% of the total premiums of the Group.

Germany

The Vienna Insurance Group operates via two companies in Germany, the non-life insurance company InterRisk Versicherung AG Vienna Insurance Group and the life insurance company InterRisk Lebensversicherung AG Vienna Insurance Group.

Both companies offer a full range of products in the German insurance market and stand out for their outstanding customer service. High service standards are particularly important to both companies, which have set themselves the goal of becoming market leaders in customer satisfaction. InterRisk, which distributes its insurance products solely through brokers, has around 10,000 independent distribution partners and serves more than 550,000 customers. Its broad range of products includes insurance products for private and commercial customers.

InterRisk non-life specialises primarily in casualty insurance and other selected non-life insurance products, such as building and commercial risk insurance.

InterRisk life focuses on term life insurance and occupational disability insurance. InterRisk can provide coverage for the risk of death in the form of endowment insurance, term insurance or even a simple death benefit.

InterRisk’s products and services regularly receive awards relating to price comparisons, product quality or even the InterRisk company itself. For example, InterRisk life was awarded a score of “above-average” in Morgan & Morgan’s rating of life insurance companies. “Business success”, “financial reserves” and “distributions to customers” were among the criteria analysed.

Liechtenstein

The Vienna Insurance Group is represented in Liechtenstein by Vienna-Life AG Vienna Insurance Group. Vienna-Life operates exclusively in the life insurance segment and concentrates predominantly on unit-linked and index-linked life insurance. The emphasis is on custom-tailored insurance solutions that allow the company to respond to the needs of its customers.