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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
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VIG Insurance Group in briefVIG Insurance Group is the leading insurance group in 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 2020
| Premiums written | Profit before taxes | Combined Ratio | Return on Equity2) |
|---|---|---|---|
| EUR 10.4bn | EUR 345.9mn | 95.0% | 7.9% |
| Solvency ratio | Employees | Earnings per share | Dividend per share3) |
|---|---|---|---|
| 238% | 25,680 | EUR 1.81 | EUR 0.75 |
VIG Insurance Group in 2020
Premiums by lines of business 2020
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Top-Player in CEE
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Key figures
| 2020 | 2019 | 2018 | 2017 | |||
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Premiums written - gross | EUR millions | 10,428.5 | 10,399.4 | 9,657.3 | 9,386.0 | |
| Financial result (incl. at equity consolidated companies) | EUR millions | 596.3 | 1,010.8 | 1,037.5 | 924.3 | |
| Result before taxes | EUR millions | 345.9 | 521.6 | 485.4 | 442.5 | |
| Net result for the period after taxes and non-controlling interests | EUR millions | 231.5 | 331.3 | 268.9 | 297.6 | |
| Balance sheet | ||||||
| Investments1) | EUR millions | 42,869.2 | 43,076.1 | 44,336.9 | 44,994.0 | |
| Shareholders’ equity (incl. non-controlling interests) | EUR millions | 5,285.8 | 5,190.7 | 5,835.7 | 6,043.9 | |
| Underwriting provisions | EUR millions | 39,847.3 | 40,002.1 | 38,115.3 | 38,780.9 | |
| Total assets | EUR millions | 50,428.1 | 50,344.9 | 51,163.5 | 51,714.0 | |
| Ratios | ||||||
| Combined Ratio | % | 95.0 | 95.4 | 96.0 | 96.7 | |
| Return on Equity (ROE)2) | % | 7.9 | 10.5 | 8.9 | 8.3 | |
| Solvency ratio | % | 238 | 210 | 239 | 220 | |
| Share | ||||||
Dividend per share3)
| EUR |
0.75 |
1.15 |
1.00 |
0.90 |
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| Dividend yield | % | 3.61 | 4.53 | 4.93 | 3.49 | |
| Book value per share4) | EUR | 33.36 | 33.67 | 32.64 | 31.93 | |
| Price-earnings ratio as of 31 December | 11.49 | 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) Planned dividend for 2020.
4) The value is calculated using shareholders’ equity before non-controlling interests, less the revaluation reserve and less hybrid bonds in 2018 and 2017.
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
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As of
16/04/2021:
EUR 22.85
Market Cap:
EUR millions 2,924.80
52W High:
EUR 23.80
52W Low:
EUR 16.88
Number of Shares:
128,000,000
Volume:
46,646
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Shareholder structure
Dividend policy- Payout ratio in the range of 30% to 50% of Group result after taxes and non-controlling interests - Dividend per share is aligned with Group performance >Historic dividend payments |
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Managing board
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Elisabeth Stadler, CEO Liane Hirner, Member of the Managing Board, CFO Peter Höfinger, Member of the Managing Board Gerhard Lahner, Member of the Managing Board Gábor Lehel, Member of the Managing Board Hartwig Löger, Member of the Managing Board Harald Riener, Member of the Managing Board Peter Thirring, Member of the Managing Board >CVs of the Managing Board Members |
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Financial calendar 2021 (preliminary planning)09/03/2021Preliminary results for the financial year 2020
15/04/2021Results and Annual Report for the year 2020
19/05/2021Results for the first quarter 2021
21/05/2021Annual General Meeting
18/08/2021Results for the first half-year 2021
18/11/2021Results for the first three quarters 2021
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Contact information Investor RelationsNina Higatzberger-Schwarz
Head of Investor Relations
Tel.: +43 (0) 50 390 – 21920
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