18 April 2012. Company presentation. Vienna Insurance Group. active in 25 countries of Europe. Vienna Insurance Group at one glance. listed on the stock exchange in Vienna and Prague. operates about 50 insurance companies.
Vienna Insurance Group
active in 25 countries of EuropeVienna Insurance Group at one glance
Success beyond borders
Two important steps in corporate history:
Foundation of the first insurer that is part of today's Group
VIG was one the first Western European insurance companies to venture into Central and Eastern Europe
Focus on Central and Eastern Europe
Germany, Czech Republic,
Hungary, Poland, Liechtenstein,
Romania, Bulgaria, Serbia
Baltic States, Acquisition of Erste Group insurance operations
Bosnia and Herzegovina
Further VIG markets
The VIG is aimed to achieve long-term continuous growth in premiums and earnings
Objectives of the Vienna Insurance Group
The five cornerstones of corporate strategy
Insurance density 2010 in EUR
Source: In-house calculations based on publications by national insurance supervisory authorities and associations, the IMF and Swiss Re (Sigma)1 weighted average: Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Ukraine
The variety of distribution channels ensures optimum access to customers in every market.
Established channels of distribution are the key for building the Group's position.
The importance of the individual sales channels varies from company to company, depending upon the country’s legal framework as well as the level of development of its insurance sector and the specific business model
Bancassurance partner: Erste GroupMulti-channel distribution
Effective distribution with multiple distribution channels
Strong customer orientation
Salaried field staff and exclusive agents
Others (car dealers, direct sales,…)
local brand = to customers in every market.first name(individuality, local identity)The multi-brand policy…
…significantly differentiates VIG from other market participants
Vienna Insurance Group = family name
(security, strength, internationality)
MANY BRANDS ONE GROUP
Group result 2011 to customers in every market.
in difficult economic environment
Best result in company history
IFRS, in EUR million
Profit before taxes
Premiums written by lines of business, IFRS
Vienna Insurance Group with solid growth
Thank you for your attention! to customers in every market.
BACK-UP to customers in every market.
Organisational structure (status as of April 2012) to customers in every market.
Management (Solvency II)
Member of the Managing BoardFranz Fuchs
General ManagerGünter Geyer
Member of the Managing BoardFranz Kosyna
Deputy General ManagerPeter Hagen
Member of the Managing BoardPeter Höfinger
Member of the Managing Board, CFOMartin Simhandl
Deputy members of the Managing Board:
Members of the Extended Executive Board
* Tasks performed by order of the principal shareholder Wiener Städtische Wechselseitige (Mr. Geyer / Mr. Fink); Responsible VIG: Mr. Kosyna
Premiums written by region, IFRS
Positive development of the CEE region
* Remaining markets include: Albania (incl. Kosovo), Baltic States, Bulgaria, Croatia, Georgia, Germany, Hungary, Liechtenstein, Macedonia, Serbia, Turkey and Ukraine
% share by region
% share by lines of business
Figures for 2010 in brackets