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      

2023       2022 (restated)        
Insurance Revenue 819 401 651 509
Non-Life 779 911 623 422
Life 39 490 28 087
Combined ratio* 90.83% 98.69%
Result from investments 10 900 -1 156
Profit before tax 31 610 -801
Profit for the period 24 445 -2 812
Balance Sheet in EUR ’000              2023 2022 (restated)
Investments 665 628 535 526
Total assets 1 328 154 1 151 597
Shareholders’ equity 294 931 187 574
Reinsurance contract liabilities 966 570 894 666

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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