Reinsurance company

Our Business is Energising

It starts with the energy that runs through every aspect of our business – from our company values, to the hard work of our team of talented professionals, to our relationships with our partners and clients.

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.

2018

VIG Re celebrates it’s 10 years anniversary. The second branch office opens on 26 November in Paris. On 27 November VIG Re becomes a member of the Czech Insurance Association. With a premium written of EUR 457 million, a profit before tax of EUR 26 million and combined ratio of 92.5% the Company reports the best performance in its history.

2019

VIG Re Gross written premium exceeds EUR 500 million for the first time in its history. In February VIG Re becomes a shareholder of B3i AG, the blockchain industry initiative. In December the Company receives approval of the Solvency II Partial internal model (PIM) and successfully completes the restructuring of VIG Group life reinsurance cessions.

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 most recently confirmed on November 4, 2020.

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.

Corporate Bodies

Supervisory Board
Board of Directors
Audit Committee
Supervisory Board
Peter Thirring
Chairman of the Supervisory Board
Elisabeth Stadler
Vice-Chairwoman of the Supervisory Board
Alain Flandrin
2nd Vice-Chairman of the Supervisory Board
Vladimír Bakeš
Member of the Supervisory Board
Karl Fink
Member of the Supervisory Board
Peter Höfinger
Member of the Supervisory Board
Gerhard Lahner
Member of the Supervisory Board
Ralph Müller
Member of the Supervisory Board
Wolfgang Petschko
Member of the Supervisory Board
Board of Directors
Johannes Martin Hartmann
Chairman of the Board of Directors
Show Responsibilities
Representation of VIG Re towards Financial Supervisory Authority, public authorities and professional associations
Representation of VIG Re towards Supervisory Board
Public Relations & Communication
Corporate Underwriting
Actuarial Services and Retrocession
Ivana Jurčíková
Member of the Board of Directors
Show Responsibilities
Finance, Investments
Controlling, Planning and Reporting
Reinsurance Accounting and Claims
Business Processes and IT Solutions
Corporate Governance & Legal
Coordination of Risk Management and Compliance
Human Resources
Board Office
Outsourcing
Stephan Wirz
Member of the Board of Directors
Show Responsibilities
VIG Group Reinsurance Protection
Assumed Property and Casualty Reinsurance
Assumed Life Reinsurance
Assumed Accident and Health Reinsurance
Business Administration
Audit Committee
František Dostálek
Chairman of the Audit Committee
Peter Thirring
Member of the Audit Committee
Alain Flandrin
Member of the Audit Committee

Prague Headquarters

Underwriting
Central & Eastern Europe
Southern Europe
International
Facultative
Life & Health
Central & Eastern Europe
Aleš Mirnik
Head of Central and Eastern Europe
+420 956 445 562
Lukáš Čížek
Client Executive Vienna Insurance Group
+420 956 445 532
Lukáš Srp
Underwriter
+420 956 445 523
Dmytro Gamankov
Underwriter
+420 731 404 097
Alena Pak
Associate Underwriter
+420 956 445 540
Jakub Šandera
Associate Underwriter
+420 956 445 550
Yauhen Reznikau
Associate Underwriter
+420 956 445 552
Southern Europe
Patrick Chevrel
Head of Western and Southern Europe
+33 6 03 61 78 93
Petko Koev
Senior Treaty Underwriter
+420 956 445 531
Miroslava Xodo
Underwriter
+420 956 445 542
International
Aleš Mirnik
Head of Department
+420 956 445 562
Anna Vedyushenko
Associate Underwriter
+420 956 445 547
Facultative
Patrick Chevrel
Head of Department
+420 956 445 011
Michal Vohralík
Underwriter Property & Engineering
+420 956 445 516
Jan Beníšek
Underwriter Casualty
+420 956 445 504
Life & Health
Katarzyna Gałan
Head of Life & Health
+420 956 445 560
Eva Vrbková
Medical Underwriter
+420 956 445 502
Martin Tesařík
Business Coordinator
+420 956 445 544
Milana Nikolic
Market Actuary
+420 956 445 525
Anna Rejer
Senior Underwriter
+420 956 445 587
Peter Hron
Assistant Underwriter
+420 956 445 579
Middle Office
Corporate Underwriting
Business Administration
Actuarial Services and Retrocession
Reinsurance Accounting and Claims
Corporate Underwriting
Olaf Dietrich
Chief Underwriting Officer
+420 956 445 519
Viera Horáková
Senior Underwriting Specialist
+420 956 445 513
Emin Rzayev
Underwriter Specialist
+420 956 445 590
Business Administration
Natalia Janska
Business Administration Manager
+420 956 445 558
Jitka Grasserová
Business Administrator
+420 956 445 569
Hana Žibřidová
Associate Business Administrator
+420 956 445 584
Charlotte Prisca Mukucha
Associate Business Administrator
+420 956 445 512
Alina Babich
Assistant Underwriter
+420 956 445 538
Prokop Maxa
Assistant Underwriter
+420 956 445 567
Erika Náhlíková
Assistant Underwriter
+420 956 445 543
Natálie Rousová
Assistant Underwriter
+420 956 445 541
Dorjeta Rukiqi
Assistant Underwriter
Daniël Novák
Associate Business Administrator
+420 956 445 586
Olivier Knutsen
Business Administrator
+420 956 445 578
Narmin Ismiyeva
Assistant Underwriter
+420 956 445 597
Daniela Bonilla Machado
Assistant Underwriter
+420 956 445 595
Marjana Agovska
Business Administrator
+420 956 445 566
Actuarial Services and Retrocession
Jan Hrevuš
Head of Actuarial Services and Retrocession
+420 956 445 536
Michal Bošeľa
Senior Non-Life Actuary
+420 956 445 528
Christopher Don Maloy
Non-Life Pricing Manager
+420 956 445 589
Tomáš Oravec
Non-Life Actuary
+420 956 445 518
Monika Fornůsková
Associate Non-Life Actuary
+420 956 445 577
Kristína Turzová
Assistant Non-Life Actuary
+420 956 445 521
Jaroslav Vichr
Life Actuary
+420 956 445 551
Natalia Timofeeva
Associate Life Actuary
Daniel Marcinek
Actuarial Function Holder
+420 956 445 564
Martin Onderko
Reserving Actuary
+420 956 445 522
Jan Doležal
Senior Natural Catastrophe Risk Analyst
+420 956 445 574
Elena Orlova
Retrocession Manager
+420 956 445 501
Tomáš Benko
Retrocession Analyst
+420 956 445 537
Reinsurance Accounting and Claims
Michal Korytina
Head of Reinsurance Accounting &Claims
+420 956 445 553
Lucie Holomelová
Senior Reinsurance Accounting Specialist
+420 956 445 533
Petra Vrkočová
Reinsurance Accounting Manager
+420 956 445 507
Martin Mravík
Senior Claims Specialist
+420 956 445 573
Andrea Hocková
Reinsurance Accounting Specialist
+420 956 445 563
Linda Miksová
Claims Associate
+420 956 445 554
Eva Tripská
Reinsurance Accounting Specialist
+420 956 445 556
Simona Nosková
Reinsurance Accounting Associate
+420 956 445 517
Zuzana Šedivá
Reinsurance Accounting Associate
+420 956 445 506
Michal Šarapatka
Reinsurance Accounting Associate
+420 956 445 576
Marie Nečesaná
Reinsurance Accounting Assistant
+420 956 445 556
Světlana Tymoščuk
Claims Associate
+420 956 445 592
Huyen Thanh Bui
Reinsurance Accounting Associate
+420 956 445 579
Paulína Masláková
Reinsurance Accounting Manager
+420 957 345 508
Karin Velická
Reinsurance Accounting Assistant
+420 956 445 593
Kateřina Helmers
Reinsurance Accounting Associate
Barbora Vajdová
Reinsurance Accounting Associate
Filip Mátel
Claims Associate
Support Functions
Risk Management
Business Processes and IT Solutions
Controlling, Planning and Reporting
Board Office
Risk Management
Alexia Alexiou
Head of Risk Management
+420 956 445 548
Miroslava Mačáyová
Risk Management Associate
+420 956 445 511
Business Processes and IT Solutions
Miloš Maryška
Head of Business Processes and IT Solutions
+420 956 445 571
Sebastian Machat
Business Analyst
+420 956 445 572
Felix Espinoza
Senior Database Specialist
+420 956 445 575
Ondřej Broukal
Junior IT Analyst
+420 956 445 509
Ladislav Vrbský
IT Analyst
Oleksandra Plotnikova
Business Processes Assistant
+420 956 445 546
Lenka Šilhanová
IT Analyst
Controlling, Planning and Reporting
Zdeněk Štěpán
Head of Controlling, Planning and Reporting
+420 956 445 570
Filip Krop
Senior Business Data Analyst
+420 956 445 510
Kateřina Kotoulková
Controlling Specialist
+420 956 445 503
Simona Danaj
Reporting Specialist
+420 956 445 567
Terezie Pazderková
Financial Accounting Specialist
+420 956 445 594
Pavel Štěpánek
Controlling Associate
+420 956 445 561
Katarína Hadravová
IFRS Methodology Specialist
+420 956 445 580
Board Office
Helena Lišková Štěpánčíková
Marketing and Communication Officer
+420 956 445 585
Katarina Droppová
Communication and Marketing Specialist
+420 956 445 599
Pavlína Türková
HR Business Partner
+ 420 956 445 545
Andrea Chládová
HR Assistant
Ivana Matoušková
Office Manager
+420 956 445 515
Barbora Labíková
Assistant to the Board
+420 956 445 534
Terézia Fialka
Front Desk Officer
Andrea Špecingerová
Front Desk Officer Associate

German Branch

German Branch
Fabian Christoph
Geschäftsführer Niederlassung Deutschland
+49 151 58 26 05 33
Christian Engeln
Senior Underwriter
+49 151 58 26 05 32
Aneta Stloukalová
Underwriter
+49 151 58 26 05 31

French Branch

French Branch
Patrick Chevrel
Managing Director Succursale Française
+33 6 03 61 78 93
Viktor Faucret
Senior Underwriter
+33 6 24 06 53 35

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
2020
Income Statement
Premiums written
527 477
578 898
+10.2 %
Property/Casualty
478 096
524 286
+13.0 %
Life
19 021
26 257
-12.9 %
Health
24 708
28 355
-15.0 %
Combined ratio
93.2 %
96.9%
+1.8 %
Results from investments
11 195
8 456
+19.7 %
Profit before tax
22 404
22 560
+4.6 %
Profit for the period
17 083
16 770
+18.4 %
Balance Sheet
Investments
451 262
578 728
+6.6 %
Total Assets
762 532
1 048 361
+12.9 %
Shareholders’ equity
139 132
180 831
+22.2 %
Underwriting provisions
510 406
675 288
+4.2 %

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

Explore the Data in Depth

VIEW OUR LATEST ANNUAL REPORT VIEW OUR LATEST ANNUAL REPORT
What Energy Can We Deliver To You?

Reinsurance Services