A+ Rating From S&P since 2008

Since our founding in 2008, Standard & Poor’s Financial Services (S&P) has rated us “A+” with “stable outlook”.

Strong capitalisation and financial flexibility

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 in EUR ’000      

2022       2021        

YoY Change 

Premiums written 792 273 661 275 + 19.8%
Property & Casualty 717 168 600 096 + 19.5%
Life 40 727 32 867 + 23.9%
Health 34 377 28 312 +.21.4%
Combined ratio* 91.9% 96.1% - 4.2%
Result from investments 7 546 9 610 - 21.5%
Profit before tax 30 668 26 846 + 14.2%
Profit for the period 25 573 21 136 + 21.0%
Balance Sheet in EUR ’000              2022 2021YoY Change  
Investments 637 354 608 672 + 4.7%
Total assets 1 481 346 1 474 979 + 0,4%
Shareholders’ equity 140 255 179 835 - 22.0%
Claims provisions 1 094 075 1 040 215 + 5.2%

The Company does not own its own shares neither its ownership interests. 

Values are in thousands of EUR. Based on Individual Financial Statements.
* Combined ratio is calculated for P&C and Health business segments


A+ Rating from S&P since 2008

A+ Rating From S&P Since our founding in 2008, Standard & Poor’s Financial Services (S&P) 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 December 11, 2023 (click here to open the document). S&P acknowledges the beneficial role of VIG Re, providing “geographical and business diversification” for the business risk profile of the whole Vienna Insurance Group (VIG). VIG thus remains the company with the best rating of all companies listed in the ATX of the Vienna Stock Exchange.

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VIG RE zajišťovna, a.s.

Templová 747/5
110 01 Praha 1
+420 956 445 505
info@vig-re.com

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