{"id":1111,"date":"2025-11-25T12:30:14","date_gmt":"2025-11-25T13:30:14","guid":{"rendered":"http:\/\/ateliersfurrer.com\/?p=1111"},"modified":"2025-11-25T13:30:46","modified_gmt":"2025-11-25T13:30:46","slug":"vigs-profit-increases-by-31-to-e872-8m-at-the-end-of-q325","status":"publish","type":"post","link":"http:\/\/ateliersfurrer.com\/index.php\/2025\/11\/25\/vigs-profit-increases-by-31-to-e872-8m-at-the-end-of-q325\/","title":{"rendered":"VIG\u2019s profit increases by 31% to \u20ac872.8m at the end of Q3\u201925"},"content":{"rendered":"

Vienna Insurance Group (VIG) has reported increases across all key figures in results for the first three quarters of 2025, with profit before taxes increasing by 31% to \u20ac872.8 million, driven by Special Markets, Poland, the Czech Republic and Austria.<\/p>\n

\"vigThe significant improvement in the combined ratio at the end of Q3 2025, which stood at 92.1%, and the increased business volume were the main factors contributing to profit growth.<\/p>\n

This has resulted in VIG raising its expected range for the group\u2019s result before taxes in 2025 to \u20ac1.10\u20131.15 billion in line with last week\u2019s announcement.<\/p>\n

The combined ratio was significantly below the previous year\u2019s result of 94.3% by 2.2 percentage points.<\/p>\n

VIG attributes this to lower weather-related claims of around \u20ac160 million, compared to 2024\u2019s claims of around \u20ac338 million.<\/p>\n

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\"Brit<\/a><\/div>\n<\/div>\n

VIG\u2019s gross written premiums increased by 8.6% to \u20ac12,463.3 million year on year, driven by an increase in premiums across all lines of business and segments.<\/p>\n

The highest premium increases were achieved in health insurance of 12.1%, followed by motor third-party liability at 11.9%, and life insurance without profit participation of 11.8%.<\/p>\n

Segment-wise, Special Markets, especially in T\u00fcrkiye and Poland, posted double-digit growth of 18.4% and 13.5% respectively. In the Extended CEE segment, there was a 9.4% increase, with Ukraine performing particularly well, as premiums grew 36.7%.<\/p>\n

Meanwhile, insurance service revenue increased by 8.6% to \u20ac9,720.3 million, with all lines of business and segments demonstrating clear growth, according to VIG.<\/p>\n

T\u00fcrkiye drove the growth in Special Markets by 31.6% while the Extended CEE segment rose by 8.6%, where there was a \u201cvery robust\u201d growth in the Baltic States, Slovakia, Romania, Bulgaria, Hungary, Ukraine and Serbia.<\/p>\n

Poland grew by 6.9% and the Czech Republic by 7.3% as there were positive developments in property, life and health insurance. Austria\u2019s rose by 5.8% mainly due to property and health insurance.<\/p>\n

VIG explained that at the end of Q3 2025, its solvency ratio was at an excellent 285.7% (including transitional measures), reflecting its economic resilience.<\/p>\n

The group expects continued growth with the planned acquisition of N\u00dcRNBERGER Beteiligungs-AG.<\/p>\n

Hartwig L\u00f6ger, Chief Executive Officer, VIG, commented, \u201c2025 has been a remarkable year for VIG in several respects. Firstly, we are expecting an exceptional year-end result, which has enabled us to improve our outlook for the financial year.<\/p>\n

\u201cSecondly, the planned acquisition of N\u00fcrnberger is the largest transaction in the history of our Group. The aim of diversifying through the special market Germany is to support VIG\u2019s long-term profitable growth strategy in CEE while positioning N\u00fcrnberger also as a leading provider of biometric solutions within the Group.<\/p>\n

\u201cWith its strong and well-established brand and its entrepreneurial culture, N\u00fcrnberger also clearly embodies VIG\u2019s values and strategic ambitions.\u201d<\/p>\n

The post VIG\u2019s profit increases by 31% to \u20ac872.8m at the end of Q3\u201925<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Vienna Insurance Group (VIG) has reported increases across all key figures in results for the first three quarters of 2025, with profit before taxes increasing by 31% to \u20ac872.8 million, driven by Special Markets, Poland, the Czech Republic and Austria….<\/p>\n","protected":false},"author":1,"featured_media":1113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"_links":{"self":[{"href":"http:\/\/ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts\/1111"}],"collection":[{"href":"http:\/\/ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/comments?post=1111"}],"version-history":[{"count":3,"href":"http:\/\/ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts\/1111\/revisions"}],"predecessor-version":[{"id":1115,"href":"http:\/\/ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts\/1111\/revisions\/1115"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/media\/1113"}],"wp:attachment":[{"href":"http:\/\/ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/media?parent=1111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/categories?post=1111"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/tags?post=1111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}