Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG) is one of the largest international insurance groups in Central and Eastern Europe (CEE). The company operates a multi-line insurance business model, providing property and casualty (P&C), life, and health insurance products to retail and corporate clients. VIG's geographic footprint spans 30 countries, with core markets including Austria, the Czech Republic, Poland, Romania, and Slovakia. The group operates through more than 50 insurance companies and pension funds, employing a decentralized, multi-brand strategy that preserves local brand identities. A key competitive advantage for VIG is its long-standing bancassurance partnership with Erste Group, which provides a vast distribution network across the CEE region. In 2023, VIG generated over EUR 13.8 billion in gross written premiums, driven by strong growth in non-life segments such as motor and property insurance, alongside steady contributions from life and health insurance. The company also operates its own reinsurance subsidiary, VIG Re, based in Prague.
