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.
Compare to 2007