Vienna Insurance Group (VIG) has passed the €1bn profit threshold for the first time and has outlined new growth targets to 2028.
In its preliminary results for 2025, VIG revealed that it generated gross written premiums of €16.3bn, up 7.1% year-on-year, with growth across all segments and lines of business.
Profit before tax rose 31.7% year-on-year to €1.16bn. Insurance service revenue climbed 8.7% to €13.2bn, reflecting broad-based growth, particularly in health and life.
Insurance service expenses rose 7.5% to €11.45bn, driven mainly by higher business volume.
Its preliminary 2025 solvency ratio of 296% is well above the 150% to 200% range that many European insurers aim to hold over Solvency II requirements, and above its own medium-term target band.
Commenting on the result, Hartwig Löger, CEO and chair of the managing board of VIG, said the company achieved "outstanding" results in 2025, driven by strong growth and high levels of profitability.
"Based on this result and our strong capital position, the VIG managing board is proposing a dividend of €1.73 per share. The planned Nü rnberger acquisition will drive further profit growth for VIG and enhance our strong diversification," Löger said.