Vienna Insurance Group Surpasses EUR 1 Billion Profit Milestone in 2025 and Announces Higher Dividend for Shareholders

Vienna Insurance Group Surpasses EUR 1 Billion Profit Milestone in 2025 and Announces Higher Dividend for Shareholders

(IN BRIEF) Vienna Insurance Group reported strong preliminary financial results for 2025, with gross written premiums rising to EUR 16.3 billion and profit before taxes surpassing the one-billion-euro milestone for the first time, reaching EUR 1.16 billion. The Group achieved broad growth across its markets and insurance segments, particularly in Poland, the Extended CEE region, the Czech Republic, and Austria. Operational performance also improved significantly, with the combined ratio falling to 90.1% and return on equity increasing to 18.7%. Supported by this performance and a strong solvency ratio of 296%, the Managing Board plans to propose a 12% dividend increase to EUR 1.73 per share. VIG’s future growth is expected to be supported by the planned acquisition of Nürnberger Beteiligungs-AG and the new evolve28 strategy, which outlines ambitious financial and operational targets through 2028 while focusing on technological innovation, collaboration across the Group, and continued expansion in Central and Eastern Europe.

(PRESS RELEASE) VIENNA, 12-Mar-2026 — /EuropaWire/ — Vienna Insurance Group (VIG) has reported strong preliminary financial results for the 2025 financial year, highlighting significant growth in premiums and profitability while maintaining a robust capital position. The Group’s Managing Board is proposing a 12% increase in the dividend, raising it from EUR 1.55 to EUR 1.73 per share, reflecting the company’s strong financial performance and continued growth trajectory.

During 2025, VIG achieved substantial business expansion across its markets, with gross written premiums reaching EUR 16.3 billion, representing a 7.1% increase year-on-year. The Group also delivered strong operational performance, with insurance service revenue rising to EUR 13.2 billion, an 8.7% increase compared with the previous year.

Profitability improved significantly as well. Profit before taxes climbed to EUR 1.16 billion, marking a 31.7% increase and surpassing the one-billion-euro milestone for the first time in the company’s history. Net profit after taxes and non-controlling interests rose by 33.3% to EUR 834.9 million, reflecting strong operational momentum across the Group’s markets.

Chief Executive Officer Hartwig Löger described the 2025 performance as an outstanding achievement driven by consistent growth and high profitability across all regions where the Group operates. Supported by this strong result and VIG’s solid capital base, the Managing Board is recommending a dividend increase for shareholders. Löger also highlighted that the planned acquisition of NÜRNBERGER Beteiligungs-AG is expected to strengthen VIG’s diversification and further contribute to future profit growth.

The growth in premiums was broad-based across the Group’s regional segments and insurance product lines. Among the key contributors were Poland, which recorded premium growth of 10.7%, followed by the Extended Central and Eastern Europe (CEE) segment at 9.2%, the Czech Republic at 8.2%, and Austria at 4.6%. Within the Extended CEE region, particularly strong performance was recorded in Croatia, Romania, Hungary, the Baltic states, and Slovakia. The Special Markets segment also delivered solid expansion, with Türkiye playing a major role in driving premium growth.

Looking at insurance categories, the most notable increases were recorded in health insurance, which grew by 11.4%, followed by life insurance at 8.9%, and motor third-party liability insurance at 7.6%.

Insurance service revenue growth was similarly broad-based. Health insurance services rose by 15.5%, while life insurance increased by 12.5%. Motor third-party liability services expanded by 10.4%, motor own-damage insurance by 7.3%, and other property insurance services by 4.6%. Much of this expansion was driven by strong performance in the Extended CEE and Special Markets segments.

Insurance service expenses increased to EUR 11.45 billion, primarily reflecting the higher volume of business activity. Despite this increase, the Group improved its operational efficiency. The net combined ratio fell to 90.1%, down 3.3 percentage points from 2024, as both claims and cost ratios improved. The reduction was supported in part by the absence of major weather-related claims compared with the previous year. Notable improvements were seen in the Czech Republic, Special Markets, Poland, and Austria segments.

The Group also recorded earnings per share of EUR 6.46, representing a 33.7% increase, while operating return on equity improved to 18.7%, up 2.5 percentage points. Investments held at the Group’s own risk rose to EUR 38.0 billion, reflecting a 4.3% increase.

VIG continues to maintain a strong capital base, with a preliminary solvency ratio of 296% as of 31 December 2025, indicating a high level of financial resilience and capital strength.

The proposed EUR 1.73 dividend per share aligns with the Group’s long-standing dividend policy of steadily increasing shareholder returns.

Strategic growth is expected to be further supported by the planned acquisition of NÜRNBERGER Beteiligungs-AG, announced in October 2025. The transaction represents the largest acquisition in VIG’s history and is intended to strengthen the Group’s diversification and reinforce its growth strategy across the Central and Eastern European region. VIG has already secured 99.2% of Nürnberger’s share capital and voting rights, with the final settlement subject to regulatory approvals and expected to be completed in the second half of 2026.

Looking ahead, VIG has also introduced a new Group strategy named evolve28, outlining its development priorities over the next three years. The strategy defines ambitious targets for 2028, including gross written premiums of at least EUR 20 billion, profit before taxes of at least EUR 1.5 billion, a net combined ratio of no more than 91%, operating return on equity of at least 17%, and a solvency ratio between 150% and 200%.

The strategy emphasizes the role of 50 local operating companies, whose strategies are aligned with Group objectives while preserving VIG’s principle of local entrepreneurship. It also introduces five Group-wide programmes addressing emerging trends, including the integration of technologies such as artificial intelligence. Collaboration among Group entities will be supported by the Holding department CO³, which focuses on communication, collaboration, and cooperation across the organization.

Looking ahead to 2026, the Group expects another positive financial year. Standard & Poor’s recently reaffirmed VIG’s strong financial position by maintaining its “A+” rating and improving the outlook from stable to positive, citing the company’s diversification, growth potential, and resilience.

Liane Hirner, Chief Financial and Risk Officer of VIG, noted that despite ongoing geopolitical and macroeconomic uncertainty, the Group remains well prepared due to its diversified structure and strong capital position. VIG’s management currently expects profit before taxes for 2026 to reach between EUR 1.25 billion and EUR 1.30 billion, excluding the impact of the planned Nürnberger acquisition.

The financial figures disclosed are preliminary results for the 2025 financial year, with final results scheduled to be published in the Annual Report on 28 April 2026.

Vienna Insurance Group (VIG) is the leading insurance group in the entire Central and Eastern European (CEE) region. More than 50 insurance companies and pension funds in 30 countries form a Group with a long-standing tradition, strong brands and close customer relations. Around 30,000 employees in VIG take care of the day-today needs of around 33 million customers. VIG shares have been listed on the Vienna Stock Exchange since 1994, on the Prague Stock Exchange since 2008 and on the Budapest Stock Exchange since 2022. VIG Group

has an A+ rating with a positive outlook from the internationally recognised rating agency Standard & Poor’s. VIG cooperates closely with Erste Group, the largest retail bank in Central and Eastern Europe.

Disclaimer

This press release contains forward-looking statements that concern future developments in Vienna Insurance Group (VIG). These statements are based on current assumptions and forecasts made by the management. Changes in general economic developments, future market conditions, capital markets and other circumstances could result in actual events or results differing significantly from these forward-looking statements. VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe assumes no obligation to update these forward-looking statements or modify them based on future events or developments.

Media Contact:

Karin Kafesie
Schottenring 30, 1010 Vienna, Austria
Phone: +43 50 390-21211
mailto: karin.kafesie@vig.com

All press releases are available for download: https://www.group.vig

SOURCE: VIENNA INSURANCE GROUP AG