Vienna Insurance Group (VIG) achieved strong growth in premiums to €16.3 billion and a significant 31.7% rise in profit before taxes to €1.16 billion for 2025, with the firm highlighting robust levels of profitability in all countries.
In terms of premiums written, VIG saw growth of 10.7% in Poland, 9.2% in the extended CEE, 8.2% in the Czech Republic, and 4.6% in Austria. In the Specialty Markets space, growth was driven by Türkiye at 5.8%, but growth was strongest in health insurance at 11.4%, followed by life insurance at 8.9%, and motor third-party liability insurance at 7.6%.
Group-wide insurance service revenue increased by 8.7% year-on-year to €13.2 billion, with the strongest growth of 15.5% at health, followed by life at 12.5%, motor third-party liability insurance at 10.4%, motor own damage at 7.3%, and then other property at 4.6%.
The “exceptional growth” in profit after taxes of almost 32% to €1.2 billion was strongly driven by Poland at 62.5%, extended CEE at 48.1%, Czech Republic at 35.3%, and Austria 29.3%. Net profit after taxes and non-controlling interests rose by 33.3% year-on-year to €834.9 million in 2025.
Given the higher business volume in the year, insurance service expenses increased by 7.5% to €11.5 billion in 2025.
During the year, both the cost ratio and the claims ratio improved at VIG, resulting in a combined ratio of 90.1%, an improvement of 3.3 percentage points year-on-year. “This was also supported by the absence of significant weather-related claims compared to 2024,” says the insurer.
“VIG achieved an outstanding Group result in 2025, once again driven by strong growth and high levels of profitability in all countries. Based on this result and our strong capital position, the VIG Managing Board is proposing a dividend of EUR 1.73 per share. The planned Nürnberger acquisition will drive further profit growth for VIG and enhance our strong diversification,” said Hartwig Löger, CEO and Chairman of the VIG Managing Board.
As at the end of 2025, VIG remains very well capitalised with a Group preliminary solvency ratio of 296%.
“We remain well prepared for the volatile geopolitical and macroeconomic environment. Against the backdrop of a high level of resilience and diversification within our Group, VIG’s management aims to achieve profit before taxes for the 2026 financial year within a range of between EUR 1.25 and 1.30 billion without taking into account the planned NÜRNBERGER acquisition,” said Liane Hirner, VIG CFRO.
The information above for the 2025 financial year is based on preliminary data, and VIG confirms that the final information will be published in the Annual Report on April 28th, 2026.
