Slovakia

The Vienna Insurance Group further consolidated its presence on the Slovakian insurance market by its acquisition of Poisťovňa Slovenskej sporiteľne in 2008. Vienna Insurance Group now operates in Slovakia through a total of four insurance companies: Kooperativa, Komunálna, Kontinuita and Poisťovňa Slovenskej sporiteľne. The Vienna Insurance Group’s market share of 31.3% makes it number 2 in the overall Slovakian market, while a market share of 29.3% makes it number 1 in the life insurance segment. Close to 8% of the Vienna Insurance Group’s total premium volume comes from Slovakia.