Vienna Insurance Group AG · VIE:VIG
Vienna Insurance — Investor Presentation (March 2023)
34 slides from Vienna Insurance's investor presentation, March 2023
Slide 1: Protecting What Matters
PROTECTING WHAT MATTERS. March 2023 CORPORATE PRESENTATION VIG VIENNA INSURANCE GROUP
Slide 2: Overview
OVERVIEW VIG* VIENNA INSURANCE GROUP. Protecting what matters.
Slide 3: Welcome to Vienna Insurance Group!
WELCOME TO VIENNA INSURANCE GROUP! We are the leading 30 More than Represented in 50 insurance group in Central and Eastern Europe. insurance companies & pension funds countries 29,000 28 Around Around Cooperation with Erste Group the largest retail bank in CEE million employees customers VIG share
Slide 4: At Home in 30 Countries
AT HOME IN 30 COUNTRIES 4 OVERVIEW VIG VIENNA INSURANCE GROUP
Slide 5: Capital Markets – Key Facts About VIG Share
CAPITAL MARKETS – KEY FACTS ABOUT VIG SHARE MAIN SHAREHOLDER FREE FLOAT STANDARD & POOR‘S ~72% Wiener Städtische Versicherungsverein ~28% VIG share is listed on the ATX, A+ rating with stable outlook the index of leading shares on the Vienna Stock Exchange, as well as on the Prague and Budapest Stoc
Slide 6: The Leading Insurance Group in Central and Eastern Europe
THE LEADING INSURANCE GROUP IN CENTRAL AND EASTERN EUROPE Market positions of VIG Group No. 1 Top 5 <or>10 1 Albania Belarus Austria Bosnia and Kosovo Baltic states Herzegovina Montenegro 10 Bulgaria Croatia Slovenia Czech Republic 4 Kosovo Türkiye Georgia Moldova 1 Hungary 2 Poland 1 North Macedoni
Slide 7: You Can Count on Us – Key Figures 2022
YOU CAN COUNT ON US KEY FIGURES 2022 – preliminary figures COMBINED RATIO 94.9 % PREMIUM VOLUME PROFIT (BEFORE TAXES) € 12.6 bn € 562 mn SOLVENCY RATIO FINANCIAL RESULT* INVESTMENTS** NET RESULT ~280 % € 797 mn € 34.4 bn € 465.9 mn * incl. at equity consolidated companies ** incl. cash equivalents 7
Slide 8: Our Management
OUR MANAGEMENT Elisabeth Stadler Peter Höfinger Gerhard Lahner Harald Riener Hartwig Löger Liane Hirner COO Gábor Lehel CEO Member of the Member of the Peter Thirring Chairwoman of the Deputy CEO CFRO Member of the CIO Managing Board Managing Board CTO Managing Board Deputy Chairman of the Member of
Slide 9: First Mover in CEE
FIRST MOVER IN CEE Expansion to Eastern Europe shortly after the fall of the Iron Curtain 1989 1 bn euro Premium volume ~5,600 employees 3 Group companies Austria 1996 1999 2002 2004 2007 2010 2014 Hungary Liechtenstein Bulgaria Slovenia Albania Montenegro Moldova Croatia Belarus Ukraine Kosovo Ital
Slide 10: A Look at Our History
A LOOK AT OUR HISTORY The Group’s origins go back to 1824. 1824 Second World War 1952 14 June 1955 1971 Both office buildings on A new headquarters on The Ringturm – Austria’s Acquisition of a stake in Kärntner Ring in Vienna Vienna’s Schottenring is first modern high-rise Donau Versicherung AG are
Slide 11: Insight
INSIGHT VIG* VIENNA INSURANCE GROUP. Protecting what matters.
Slide 12: Our Mission Statement
OUR MISSION STATEMENT 12 INSIGHT VIG VIENNA INSURANCE GROUP
Slide 13: Our Values
OUR VALUES DIVERSITY CUSTOMER PROXIMITY RESPONSIBILITY Because of our presence in 30 We have strong roots, both We draw on experience to countries, primarily in Central and internationally and locally. Thanks to safeguard our customers’ futures Eastern Europe, we have an in-depth our local employees
Slide 14: Our Corporate Strategy
OUR CORPORATE STRATEGY We focus on providing our customers in Central and Eastern Europe with customised products and services tailored to their needs. Our strategy is geared towards long-term profitability and continuous earnings growth, making us a reliable and stable partner in rapidly changing t
Slide 15: Our Management Principles
OUR MANAGEMENT PRINCIPLES 1 Local entrepreneurship Knowledge of local needs and markets Decentralised structures and efficient decision-making procedures Multi-brand policy 2 More than 50 insurance companies and pension funds in 30 countries Utilisation of established local brands 3 Multi-channel di
Slide 16: Outlook
OUTLOOK VIG* VIENNA INSURANCE GROUP. Protecting what matters.
Slide 17: Strategy Programme VIG 25
STRATEGY PROGRAMME VIG 25 Definition of Group targets and strategic action fields to increase market growth, financial stability, profitability, customer proximity and sustainability VIG 25 – simply explained Group targets 1. Expansion of the leading position in CEE 2. Creation of sustainable value
Slide 18: VIG 25: Expansion of Leading Position in CEE
STRATEGY PROGRAMME VIG 25 1st Group target: Expansion of the leading position in CEE CEE Special markets Market growth: Organic (above average) and through acquisitions New definition: Core market CEE and special markets CEE Core market “Central and Eastern Europe” including Austria Special ma
Slide 19: VIG 25: Creation of Sustainable Value
STRATEGY PROGRAMME VIG 25 Financial parameters to sustainably secure the Group's financial stability and profitability 2nd Group target: Creation of sustainable value VIG Group solvency ratio between 150% and 200% Profitability in property/casualty business Introduction of key figure “Operatin
Slide 20: VIG 25: Achieving ESG-Related Goals
STRATEGY PROGRAMME VIG 25 Achieving ESG-related goals for society, customers and employees 3rd Group target: Sustainability / Achieving ESG-related goals Implementation of an investment strategy to deliberately increase the share of environmentally friendly investments Green bonds portfolio 2022:
Slide 21: VIG 25: Sustainability with a Focus on the Social Aspect
VIG 25: SUSTAINABILITY WITH A FOCUS ON THE SOCIAL ASPECT Achieving ESG-related goals in respect of the society, customers and employees Social commitment – focus on affordable housing and housing refurbishment Participation in the Austrian start-up “Gropyus” Gropyus builds and manages sustainable
Slide 22: VIG 25: Strategic Action Fields
VIG 25: 3 STRATEGIC ACTION FIELDS More efficiency – optimise Optimisation of the business model by increasing productivity and efficiency Process simplification and automation Exchange and implement best practice examples Further optimise underwriting and pricing More customer proximity – expa
Slide 23: Outlook 2023
OUTLOOK 2023 VIG aims for positive operative performance in 2023 The development for 2023 is difficult to assess due to a multitude of uncertainty factors, above all the ongoing war situation in Ukraine. The weaker macroeconomic environment and the expected higher volatility of the financial markets
Slide 24: We Still See Great Potential in CEE
WE STILL SEE GREAT POTENTIAL IN CEE Insurance density in CEE is significantly lower than in Western Europe and Austria Insurance density 2021 in EUR (premiums per capita) Austria 2 072.4 Slovenia 1 237.2 Czech Republic 635.1 Slovakia 479.4 Poland 400.7 Hungary 381.1 Lithuania 372.8 Estonia 365.7 Cro
Slide 25: Foresight
FORESIGHT VIG* VIENNA INSURANCE GROUP Protecting what matters.
Slide 26: Our Solidarity
OUR SOLIDARITY VIG Group sets numerous support actions for Türkiye & Ukraine TÜRKIYE Both VIG companies Ray Sigorta & Viennalife have set up local aid funds VIG supports each local aid funds with EUR 500,000 VIG supports Red Cross (for earthquake victims in Türkiye) with EUR 1 million UKRAINE
Slide 27: Social Commitment
SOCIAL COMMITMENT Fulfilling our social responsibility to people in the 30 countries where the Group is represented, by promoting numerous projects, reflects the company’s perception of itself. Many of these initiatives are in general supported by the Group’s main shareholder, Wiener Städtische Vers
Slide 28: Our Employer Branding
OUR EMPLOYER BRANDING Vienna Insurance Group is committed to being an attractive employer and strengthening its position in this regard. This is reflected in our professional corporate image and the respect we show for job applicants. Our efforts were awarded multiple times. However, excellent emplo
Slide 29: Diversity Is One of Our Best Ingredients
DIVERSITY IS ONE OF OUR BEST INGREDIENTS RANKING UNDER DIVERSITY LEADERS 2023 VIG in the listing of the “Financial Times Diversity Leaders 2023” for the third time in a row Financial Times Diversity Leaders 2023 Survey to assess inclusiveness and promotion of various aspects of diversity in companie
Slide 30: We Support Life Balance
WE SUPPORT LIFE BALANCE As an employer, it is important to us to provide a working environment that allows everyone to balance their professional and personal priorities. We at VIG call it ’life balance‘. To this end, we are continuing to expand our activities in the areas of work and development, b
Slide 31: Keep Moving
KEEP MOVING Holistic concept for strengthening sustainability, mobility and health How we “keep moving”: Participation in sports events (e.g. Vienna Business Run, Vienna City Marathon) Discounted e-bikes and bicycles Partnerships with fitness providers (e.g. myClubs) Information events on th
Slide 32: Excellent Employer
EXCELLENT EMPLOYER LEADING EMPLOYERS AUSTRIA 2022 VIG Holding is among the top 1% of the best employers in Austria BEST RECRUITERS AUSTRIA 2022/2023 VIG Holding receives gold award for Employer Branding & Recruiting five times in a row as industry leader TOP COMPANY AT KUNUNU VIG Holding recommended
Slide 33: VIG: Vienna Insurance Group
~_ee VIG: VIENNA INSURANCE GROUP Protecting what matters.
Slide 34: Publication Details
PUBLICATION DETAILS Presentation last updated March 2023 Publisher and proprietor Vienna Insurance Group 1010 Wien, Schottenring 30, FN 75687 f Contact details Address: Schottenring 30, Postfach 80 A-1011 Vienna, Austria Tel.: +43 (0)50 390 ext. 22000 E-mail: info@vig.com Website: www.vig.com Produc
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