The Vienna Insurance Group has operations in Central and Eastern Europe, a region that offers the insurance industry significant opportunities for long-term growth. Vienna Insurance Group´s expansion into the CEE countries is based on a business potential primarily rooted in two factors:
- Insurance density in the CEE region (per capita premiums) is considerably below the Western European level, and
- Insurance markets in the region show growth rates that are likely to remain above those in Western Europe, even during volatile periods.
The Vienna Insurance Group believes that the CEE region will continue to offer growth and catch-up potential over the business cycle and in the long term.