We declare to the best of our knowledge that the consolidated financial statements prepared in accordance with applicable accounting standards give a true and fair view of the Group’s net assets, financial position and results of operations, the Group management report presents the business development, performance and position of the Group so as to give a true and fair view of its net assets, financial position and results of operations, and the Group management report provides a description of the principal risks and uncertainties to which the Group is exposed.
The declaration for the annual financial statements of VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe is issued in the annual report of this company.
The Managing Board:
Dr. Günter Geyer
General Manager, CEO
Chairman of the Managing Board
Deputy General Manager CFO
Member of the Managing Board Member of the Managing Board
Ing. Martin Diviš, MBA Franz Fuchs Mag. Peter Höfinger
Member of the Managing Board Member of the Managing Board Member of the Managing Board
Vienna, 14 March 2011
Managing Board areas of responsibility:
Dr. Günter Geyer: Group management, strategic planning, public relations, marketing, sponsoring, legal matters, human resources; Country responsibilities: Austria (including branch offices in Italy and Slovenia), Slovakia
Dr. Peter Hagen: Group cost structure, Group IT/Back Office, SAP Smile Solutions, VIG RE, internal capital model project (Solvency II project)
Dr. Martin Simhandl: asset management, asset risk management, equity investment management, finance and accounting; Country responsibilities: Germany, Liechtenstein, Turkey
Ing. Martin Diviš, MBA: performance management motor vehicle insurance; Country responsibilities: Georgia, Czech Republic, Ukraine
Franz Fuchs: performance management personal insurance; Country responsibilities: Baltic States, Poland, Romania
Mag. Peter Höfinger: international corporate and large customer business, Vienna International Underwriters (VIU), reinsurance; Country responsibilities: Bulgaria, Montenegro, Russia, Serbia, Hungary, Belarus
