Future-oriented activities of the Vienna Insurance Group

  • V.I.G. is the leader in its core markets:
    Number 1 overall and in the non-life segment in the CEE region

  • V.I.G. is continuing to strengthen its strategic position:
    Cooperative cross-border distribution allows even better customer service

  • Future-oriented action programme:
    Costs already reduced by EUR 60 million out of a potential of EUR 100 million – focus on material costs and extensive process improvements

  • Reorganisation of Group structure planned:
    Group holding company to receive the name Vienna Insurance Group AG Wiener Versicherung Gruppe*

  • Group management:
    Dr. Peter Hagen becomes Deputy General Manager; Dr. Martin Simhandl confirmed as CFO

Stability during difficult times

  • Profit before taxes of EUR 441.25 million in 2009:
    Outstanding 2007 result exceeded

  • Premium volume:
    V.I.G. exceeds 8 billion mark for the first time: EUR 8,019.28 million (+1.5%)

  • Combined Ratio:
    At 96.3%, the Group’s combined ratio is again significantly below 100%

  • Dividend of EUR 0.90 planned:
    Dividend policy ensures continued attractive distributions – 2009 dividend payout ratio: 31.7%

* 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 competent authorities.