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ISIN: AT0000908504
Listings: Vienna and Prague
Rating Standard & Poor's: A+, stable outlook
Ticker symbol: VIG
Bloomberg: VIG AV/ VIG CP
Reuters: VIGR.VI/ VIGR PR

VIG Insurance Group in brief

VIG Insurance Group is the leading insurance group in Austria and Central and Eastern Europe. Its around 50 insurance companies with more than 25,000 employees offer life and non-life insurance solutions and provide the best possible protection against the risks of day-to-day life for their customers. The Group strategy is to achieve long-term profitable growth.

VIG Insurance Group in 2019
Premiums written
EUR 10.4bn (+7.7%)
Profit before taxes
EUR 521.6mn (+7.4%)
Combined Ratio
95.4% (-0.6ppt)
Return on Equity2)
10.5%
Solvency ratio
210%
Employees
25,736
Earnings per share
EUR 2.59 (+27.1%)
Dividend per share3)
EUR 1.15
Premiums by lines of business 2019
Top-Player in Austria and CEE
Key figures
  6M 2020 6M 2019 2019 2018 2017
Income statement
Premiums written - gross EUR millions 5,577.4 5,446.7 10,399.4 9,657.3 9,386.0
Financial result (incl. at equity consolidated companies) EUR millions 388.0 423.2 1,010.8 1,037.5 924.3
Result before taxes EUR millions 201.2 257.1 521.6 485.4 442.5
Net result for the period after taxes and non-controlling interests EUR millions 126.3 151.0 331.3 268.9 297.6
Balance sheet
Investments1) EUR millions 41,968.1 46,289.4 43,076.1 44,336.9 44,994.0
Shareholders’ equity (incl. non-controlling interests) EUR millions 5,091.0 6,267.7 5,190.7 5,835.7 6,043.9
Underwriting provisions EUR millions 39,197.9 39,922.2 40,002.1 38,115.3 38,780.9
Total assets EUR millions 49,319.3 53,895.9 50,344.9 51,163.5 51,714.0
Ratios
Combined Ratio % 95.5 96.4 95.4 96.0 96.7
Return on Equity (ROE)2) % 9.1 9.4 10.5 8.9 8.3
Solvency ratio % 183 238 210 239 220
Share
Dividend per share EUR N/A N/A 1.153) 1.00 0.90
Dividend yield % N/A N/A 4.53 4.93 3.49
Book value per share4) EUR 33.79 32.89 33.67 32.64 31.93
Price-earnings ratio as of 31 December   N/A N/A 9.81 9.94 11.55

1) Incl. unit-linked and index-linked life insurance investments and excl. cash and cash equivalents
2) RoE is the ratio of Group result before taxes to total average shareholders' equity.
3) Dividend proposal to the shareholders' meeting
4) The value is calculated using shareholders' equity less non-controlling shares and revaluation reserve as well as hybrid bonds in the previous years.

Equity Story
  • 30 countries, primarily in the CEE growth region
  • No. 1 in Austria and the CEE region
  • Strong capital base for further growth
  • Best rating in the ATX
  • Sustainable dividend policy
  • Long track record
  • Ongoing efficiency and profitablity measures
  • Embracing trends and current developments; insuring new risks
  • Targeted use of technology in distribution, product design and processes
  • Providing added value by assistance services
  • Linking financial targets with social and environmental aspects, supported by the main shareholder
  • Diversity as an engine of innovation and motivating factor
  • Included in FTSE4Good and VÖNIX sustainability indices
    • Share price
    As of
    24/09/2020:
    EUR 19.96
    Market Cap:
    EUR millions 2,554.88
    52W High:
    EUR 26.50
    52W Low:
    EUR 13.78
    Number of Shares:
    128,000,000
    Volume:
    129,320

    Managing board

    Elisabeth Stadler, CEO

    Liane Hirner, Member of the Managing Board, CFO

    Gerhard Lahner, Member of the Managing Board

    Harald Riener, Member of the Managing Board

    Peter Höfinger, Member of the Managing Board

    Gábor Lehel, Member of the Managing Board

    Peter Thirring, Member of the Managing Board

    >CVs of the Managing Board Members
    Financial calendar 2020 (preliminary planning)
    17/03/2020Preliminary result for the financial year 2019
    30/04/2020Results and Annual Report for the year 2019
    20/05/2020Results for the first quarter 2020
    26/08/2020Results for the first half-year 2020
    25/09/2020Annual General Meeting
    26/11/2020Results for the first three quarters 2020
    Contact information Investor Relations
    Nina Higatzberger-Schwarz
    Head of Investor Relations
    Tel.: +43 (0) 50 390 – 21920
    investor.relations@vig.com
    www.vig.com/ir

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