VIG Re's Legacy
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.
2026
2025
Effective 1 January 2025,
Tobias Sonndorfer, CFA, became Chairman of the Board of Management and Chief Executive Officer.
Wolfgang Hajek, joined the Board of Management as Chief Financial Officer.
Ivana Jurčíková, was appointed Chief Operating Officer.
Standard & Poor's Financial Services (S&P) has rated us "A+" with "positive outlook"
2024
2023
In January, Mr. Tobias Sonndorfer joined VIG Re’s Board of Directors, expanding the board from three to four members.
2022
2021
In May, Stephan Wirz joined VIG Re’s Board of Directors.
CEE leadership strengthened, expanded internationally and maintained its A+ S&P rating for the 13th year.
2020
2019
The Company becomes a shareholder of B3i AG, the blockchain industry initiative, and receives approval for its Solvency II Partial Internal Model.
VIG Re also successfully completes the restructuring of VIG Group life reinsurance cessions.
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.
2017
Tomasz Rowicki joins VIG Re’s Board of Directors.
The first branch office in Frankfurt am Main in Germany opens on 29 September.
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.
2016
Ivana Jurčíková joins the Board of Directors and is appointed as a Chief Financial Officer.
Business services, VIG Re’s integrated underwriting, claims and accounting software, goes live.
The net combined ratio further improves to 93.2%.
2015
Olaf Dietrich heads the Non-Life Underwriting.
A continued competitive market environment calls for underwriting discipline. The Property & Casualty book is reduced by 6%.
The net combined ratio improves to 95.5% and pre-tax profit soars to EUR 22.7 million.
2014
Jan Hrevuš is appointed as Head of the newly established Actuarial Analytics team.
Despite VIG companies reporting a number of large man-made losses to the Company, the net combined ratio still comes in below 98% and a profit before tax of EUR 19.9 million is generated.
2013
Johannes Martin Hartmann takes the helm as the Company’s 3rd CEO.
The underwriting activities with third parties in CEE are intensified.
A severe flooding hits VIG Re's key markets Austria and CEE.
2012
2011
Karl Fink succeeds Peter Hagen as 2nd CEO of the Company.
Kazakhstan, Azerbaijan, and Armenia are added to the underwriting territories.
2010
VIG Re acquires 99.2% of the shares of Wiener Re Beograd, a Serbian reinsurance company.
The Company starts to offer facultative services in property and engineering lines.
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.
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.