Opening New Doors

Founded in 2008 Subsidiary Branch Germany
  • Market presence
  • Market presence
  • Prague Headquarters
  • Frankfurt a. M. branch Germany
  • Belgrade subsidiary wiener re
www.wienerre.rs

By providing made-to-measure reinsurance to more than 300 clients in 35 countries, our team of professionals intuitively understands the challenges our partners face in managing their risk and capital.

Want to know more?  Get in touch


Want to know more?  
Get in touch

  • Market presence
  • Market presence
  • Prague Headquarters
  • Frankfurt a. M. branch Germany
  • Belgrade subsidiary wiener re
www.wienerre.rs

The Wire of Our History

As part of the Vienna Insurance Group, whose history reaches back to 1824, VIG Re has been bringing energy to the industry since its founding in 2008 by establishing ourselves as a core player in the reinsurance market in Austria and CEE.

1824

VIG’s roots in Austria date back to 1824 and to the foundation of Wechselseitige k.k. private Brandschaden-Versicherungsgesellschaft in Vienna.

Read more about VIG

1989

VIG treated the fall of the iron curtain as an opportunity to achieve the number one position as the leading insurance group in Austria and the CEE region.

2008

On 8 August 2008 the Czech National Bank grants reinsurance license to VIG Re. In October the Company receives an A+ FSR rating from Standard & Poor’s, which is unaltered until today.

2009

VIG Re assumes treaty reinsurance for all major Property & Casualty and Life & Health lines of business, both from VIG companies and third parties. By end of the first full year of its operation, the company underwrites a book of EUR 257.2 million.

2010

VIG Re acquires 99.2% shares of Wiener Re Beograd, a Serbian reinsurance company. The Company starts to offer facultative services in property and engineering lines.

2011

Kazakhstan, Azerbaijan, and Armenia are added to the underwriting territories. Karl Fink succeeds Peter Hagen as 2nd CEO of the Company.

2012

VIG Re grows its assumed business from VIG companies to EUR 419.2 million; a growth of 65% premium compared to the prior year.

2013

Johannes Martin Hartmann takes the helmet as the Company’s 3rd CEO. The underwriting activities with third Parties in CEE are intensified. In the same year a severe flooding hits VIG Re key markets Austria and CEE.

2014

Despite VIG companies report a number of large man-made losses to the Company, the net combined ratio comes in still below 98% and a profit before tax to EUR 19.9 million is generated. Jan Hrevuš is appointed as Head of the newly established Actuarial Analytics team.

2015

A continued competitive market environment calls for underwriting discipline. The Property & Casualty book is reduced by 6%. Olaf Dietrich heads the Non-Life Underwriting. The net combined ratio improves to 95.5% and pre-tax profit soars to EUR 22.7 million.

2016

Ivana Jurčíková joins the Board of VIG Re and is appointed as a Chief Financial Officer. BSS, VIG Re’s integrated underwriting, claims and accounting software, goes live. The net combined ratio further improves to 93.2%.

2017

Tomasz Rowicki joins VIG Re’s Board of Directors. The first branch office in Frankfurt am Main in Germany opens on 29 September, headed by Fabian Christoph. Katarzyna Galan takes the lead of the Life Underwriting Team and Patrick Chevrel joins to head the expansion of the underwriting activities in Western Europe.

A+ Rating From S&P Since 2008

Since our founding in 2008, Standard & Poor’s Financial Services has rated us “A+” with “stable outlook”, both in respect of VIG Re's financial strength and long-term public issuer rating. The ratings were confirmed most recently on August 18, 2017.

The Energy of Our Values

By maintaining a convivial, yet professional relationships with our clients, they experience our company values personally and trust us for them.

Ethical Behaviour

Respect, integrity, and transparency are our fundamental principles.

1
Stability and Security

We're in it for the long haul.

2
Performance Matters

We grow our profits through expertise.

3
Professional Infrastructure

We invest in smart tools without over-engineering.

4
People Development

We create an environment in which people take responsibility.

5
A Colourful Company Culture

We add freshness to reinsurance.

6

The Energising Line Is What Makes Us Strong

As a company, we get our energy from the people that drive our business.

Statutory Bodies

Supervisory Board
Board of Directors
Audit Committee
Audit Committee
František Dostálek
Chairman of the Audit Committee
Elisabeth Stadler
Vice-Chairwoman of the Audit Committee
Karl Fink
Member of the Audit Committee
Alain Flandrin
Member of the Audit Committee
Supervisory Board
Karl Fink
Chairman of the Supervisory Board
Elisabeth Stadler
Vice-Chairwoman of the Supervisory Board
Vladimír Bakeš
Member of the Supervisory Board
Alain Flandrin
Member of the Supervisory Board
Peter Höfinger
Member of the Supervisory Board
Peter Thirring
Member of the Supervisory Board
Gerhard Lahner
Member of the Supervisory Board
Board of Directors
Johannes Martin Hartmann
Chairman of the Board of Directors
Show Responsibilities
Active Reinsurance
Actuarial Analytics
Public Relations & Communication
Human Resources
Ivana Jurčíková
Member of the Board of Directors
Show Responsibilities
Finance, Investments
Controlling, Planning and Reporting
Reinsurance Accounting
Business Processes and IT Solutions
Board Office
Coordination of Risk Management and Compliance
Outsourcing
Tomasz Rowicki
Member of the Board of Directors
Show Responsibilities
Claims Management
Retrocession
Foreign Operations
VIG Group Business

Meet Our Team

Underwriting
German Branch
Foreign Operations
Retrocession
Actuarial Analytics
Reinsurance Accounting
Claims Management
Controlling, Planning and Reporting
Business Processes and IT Solutions
Board Office
Risk Management
Compliance
Actuarial Analytics
Jan Hrevuš
Head of Department Actuarial Analytics
+420 956 445 536
Michal Bošeľa
Senior Non-Life Actuary
+420 956 445 528
Iveta Macho
Life Actuary
+420 956 445 551
Marina Borodkina
Reserving Actuary
+420 956 445 564
Jan Doležal
Natural Catastrophe Risk Analyst
+420 956 445 574
Marek Krajča
Associate Non-Life Actuary
+420 956 445 522
Anna Vedyushenko
Assistant Non-Life Actuary
+420 956 445 547
Reinsurance Accounting
Milan Přibyl
Head of Department Reinsurance Accounting
+420 956 445 508
Lucie Holomelová
Accounting Specialist
+420 956 445 533
Ondřej Broukal
Accounting Specialist
+420 956 445 509
Nikola Klimešová
Accounting Specialist
+420 956 445 520
Sylwia Krause
Accounting Specialist
+420 956 445 535
Petra Vrkočová
Accounting Specialist
+420 956 445 507
Andrea Hocková
Accounting Associate
+420 956 445 563
Olivier Knutsen
Accounting Associate
+420 956 445 578
Zuzana Chlumská
Accounting Assistant
+420 956 445 562
Katarína Hadravová
IFRS Methodology Specialist
+420 956 445 580
Board Office
Jana Kendíková
Head of Department Board Office
+420 956 445 581
Markéta Musilová
Board Office Coordinator
+420 956 445 524
Natálie Karanová
Office Manager
+420 956 445 505
Barbora Labíková
Assistant to the Board
+420 956 445 534
Martina Kropáčková
Board Office Associate
+420 956 445 575
Katarina Droppová
Communication and Marketing Specialist
+420 956 445 599
Business Processes and IT Solutions
Miloš Maryška
Head of Department
Business Processes and IT Solutions
+420 956 445 571
Ondřej Hyneš
IT Solutions Architect
+420 956 445 521
David Gamrát
IT Solutions Associate
+420 956 445 582
Katarína Bartošová
Business Processes Assistant
+420 956 445 567
Kristýna Belobradová
Business Processes Assistant
+420 956 445 543
Martina Lefkaničová
Business Processes Assistant
+420 956 445 568
Controlling, Planning and Reporting
Zdeněk Štěpán
Head of Department
Controlling, Planning and Reporting
+420 956 445 570
Kateřina Dostálová
Controlling Specialist
+420 956 445 539
Filip Krop
Controlling Specialist
+420 956 445 510
Underwriting – Non-Life
Olaf Dietrich
Head of Department Non-Life Underwriting
+420 956 445 519
Petr Štěpán
Senior Treaty Underwriter
+420 956 445 517
Marek Polec
Treaty Underwriter
+420 956 445 557
Alexander Melnik
Treaty Underwriter
+420 956 445 554
Ondřej Roztomilý
Underwriter
+420 956 445 532
Viera Horáková
Underwriter
 
Lukáš Srp
Facultative Underwriter
+420 956 445 523
Michal Vohralík
Facultative Underwriter
+420 956 445 516
Monika Půhoná
Facultative Underwriter
+420 956 445 530
Natalia Janska
Senior Business Administrator
+420 956 445 558
Jitka Grasserová
Associate Business Administrator
+420 956 445 569
Alena Piksaeva
Assistant Underwriter
+420 956 445 538
Adéla Stollinová
Assistant Underwriter
+420 956 445 542
Jakub Šandera
Assistant Underwriter
+420 956 445 550
Jan Hynek
Assistant Underwriter
+420 956 445 541
Alena Pak
Assistant Underwriter
+420 956 445 540
Life Underwriting
Katarzyna Gałan
Head of Department Life Underwriting
+420 956 445 560
Eva Vrbková
Underwriter
+420 956 445 502
Martin Tesařík
Associate Underwriter
+420 956 445 544
Andrea Passoni
Associate Underwriter
+420 956 445 579
Western Europe
Patrick Chevrel
Head of Department Western Europe
+420 956 445 576
Petko Koev
Senior Treaty Underwriter
+420 956 445 531
Viktor Faucret
Underwriter
+420 956 445 576
German Branch
Fabian Christoph
Geschäftsführer Niederlassung Deutschland
+49 151 58 26 05 33
Aneta Stloukalová
Associate Treaty Underwriter
+49 151 58 26 05 31
Foreign Operations
Dušan Bogdanović
Head of Department Foreign Operations
+420 956 445 504
Lenka Havránek Malenková
Project Management Officer
+420 956 445 518
Claims Management
Egor Kataev
Claims Assistant
+420 956 445 573
Marie Bendová
Claims Assistant
 
Risk Management
Lukáš Dvořák
Risk Manager
+420 956 445 548
Compliance
Zuzana Nulíčková
Compliance Officer
+420 956 445 549
Retrocession
Michal Teplý
Retrocession Specialist
+420 956 445 501
Tomáš Benko
Retrocession Associate
+420 956 445 537
Dominika Ščučková
Retrocession Associate
+420 956 445 572

Dynamic Results

By pursuing our line of long-term stability, strong capitalisation and financial flexibility, strictly conservative investment strategy and prudent underwriting policy, we’ve been able to continue to drive our results without getting lost on the way.

Income Statement
2016
2017
Income Statement
Premiums written
390 300
417 432
+7.0 %
Property/Casualty
349 270
373 703
+7.0 %
Life
19 428
19 021
-2.1 %
Health
21 589
24 708
+14.4 %
Combined ratio
95.5 %
93.2%
-2.4 %
Results from investments
16 540
11 195
-32.4 %
Profit before tax
22 682
22 404
-1.2 %
Profit for the period
19 244
17 083
-11.2 %
Balance Sheet
Investments
446 984
451 262
+1.0 %
Total Assets
738 801
762 532
+3.2 %
Shareholders’ equity
135 087
139 132
+3.0 %
Underwriting provisions
493 978
510 406
+3.3 %

Values are in thousands of EUR. Based on Consolidated Financial Statements.

Explore the Data in Depth

View our latest annual reportThe latest Annual Report
What Energy Can We Deliver To You?

Reinsurance Services