Vienna Insurance Group (VIG) achieved strong growth in premiums to €16.3 billion and a significant increase in pre-tax profit of 31.7% to €1.16 billion in 2025, underlining strong profitability levels in all countries.
In terms of written premiums, VIG grew by 10.7% in Poland, 9.2% in the expanded Central and Eastern Europe region, 8.2% in the Czech Republic and 4.6% in Austria. In the specialty market segment, growth was driven by Turkey, up 5.8%, but growth was strongest in health insurance, up 11.4%, followed by life insurance, up 8.9%, and automobile third-party liability insurance, up 7.6%.
The Group’s insurance service revenue increased by 8.7% year-on-year to 13.2 billion euros, of which health insurance had the strongest growth, with an increase of 15.5%, followed by life insurance, with an increase of 12.5%, automobile third-party liability insurance, with an increase of 10.4%, automobile self-loss insurance, with an increase of 7.3%, and other property insurance, with an increase of 4.6%.
Profit after tax “exceptionally increased” by almost 32% to €1.2 billion, driven mainly by strong gains in Poland (62.5%), Central and Eastern Europe (48.1%), the Czech Republic (35.3%) and Austria (29.3%). Net profit after tax and non-controlling interests in 2025 increased by 33.3% year-on-year to 834.9 million euros.
In view of the increase in business volume during the year, insurance service expenses will increase by 7.5% in 2025, reaching 11.5 billion euros.
During the year, VIG’s cost ratio and claims ratio both improved, with the combined ratio reaching 90.1%, a year-on-year increase of 3.3 percentage points. “This is also evidenced by the absence of significant weather-related claims compared to 2024,” the insurer said.
Hartwig Löger, CEO and Chairman of the Board of Directors of VIG, said: “VIG achieved an excellent group result in 2025, driven by strong growth and high profitability levels in all countries. Based on this performance and our strong capital position, the VIG Management Board recommends a dividend of 1.73 euros per share. The planned Nuremberg acquisition will drive further profit growth at VIG and enhance our diversification.”
As of the end of 2025, VIG’s capital position is still good, and the group’s preliminary solvency adequacy ratio is 296%.
Liane Hirner, Chief Financial Officer of VIG, said: “We remain well prepared for the volatile geopolitical and macroeconomic environment. Against the backdrop of a high degree of resilience and diversification within the Group, VIG’s management aims to achieve a profit before tax of between 125 and 1.3 billion euros in the 2026 financial year, regardless of the planned Nuremberg acquisition.”
The above information for fiscal year 2025 is based on preliminary data, and VIG confirms that final information will be released in the annual report on April 28, 2026.
The post ReinsuranceNe.ws appeared first on VIG’s pre-tax profits in 2025 exceeding €1 billion for the first time.
