Breakdown of investments 2013

Breakdown of investments 2013 (pie chart)


A brief presentation of the investments is included on page 154 (see Notes) of the notes to the consolidated financial statements.

Total investments (including cash and cash equivalents) were EUR 29,905.56 million as of 31 December 2013. Compared with the previous year, this represents a decrease of EUR 329.50 million, or 1.1%.

The investments include all Vienna Insurance Group land and buildings, all shares in at equity consolidated companies and all financial instruments. Investments for unit-linked and index-linked life insurance are not included. These rose in 2013 due to the 4.1% increase in new policies from EUR 6,443.78 million to EUR 6,707.28 million.

Shareholders’ equity

Vienna Insurance Group's capital base decreased by 11.8% to EUR 5,020.10 million in 2013 (2012: EUR 5,688.61 million). The decrease was primarily due to the repurchase of one tranche of the hybrid capital and a decrease in the foreign currency reserves included in other reserves.

Underwriting provisions

Underwriting provisions (excluding underwriting provisions for unit-linked and index-linked life insurance) were EUR 25,980.46 million as of 31 December 2013, representing an increase of 0.8% over the previous year (2012: EUR 25,776.35 million).