Vienna Insurance Group AG · VIE:VIG
Vienna Insurance — Investor Presentation (January 2023)
35 slides from Vienna Insurance's investor presentation, January 2023
Slide 1: Protecting What Matters
PROTECTING WHAT MATTERS. January 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 Around Represented in 50 insurance group in Central and Eastern Europe. Group companies countries 25,000 22 Cooperation with More than More than Erste Group million the largest retail bank in CEE employees customers VIG share listed A+ Standar
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 Montenegro Baltic states Herzegovina Slovenia 10 Czech Republic Bulgaria Türkiye Georgia 4 Croatia Hungary Kosovo 1 North Macedonia 3 Moldova 1 Romania 1 Po
Slide 7: You Can Count On Us – Key Figures 2021
YOU CAN COUNT ON US KEY FIGURES 2021 COMBINED RATIO 94.2 % PREMIUM VOLUME PROFIT (BEFORE TAXES) € 11.0 bn € 511.3 mn SOLVENCY RATIO FINANCIAL RESULT* INVESTMENTS** NET RESULT ~250 % € 631.9 mn € 37.3 bn € 375.7 mn * incl. at equity consolidated companies ** incl. cash equivalents 7 OVERVIEW VIG VIEN
Slide 8: You Can Count On Us – Key Figures 1st HY 2022
YOU CAN COUNT ON US KEY FIGURES 1st HY 2022 COMBINED RATIO 94.3% PREMIUM VOLUME PROFIT (BEFORE TAXES) € 6.44bn € 277.3m SOLVENCY RATIO FINANCIAL RESULT* INVESTMENTS NET RESULT 285 % € 315.5 m € 34.4 bn € 202.3 m *excl. the result from at-equity-consolidated companies 8 OVERVIEW VIG VIENNA INSURANCE
Slide 9: 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 10: 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 11: 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 12: Insight
INSIGHT VIG* VIENNA INSURANCE GROUP. Protecting what matters.
Slide 13: Our Mission Statement
OUR MISSION STATEMENT 13 INSIGHT VIG VIENNA INSURANCE GROUP
Slide 14: 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 15: 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 16: 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 Around 50 Group companies in 30 countries Utilisation of established local brands 3 Multi-channel distribution Various distri
Slide 17: Outlook
OUTLOOK VIG* VIENNA INSURANCE GROUP. Protecting what matters.
Slide 18: Strategic Programme VIG 25
STRATEGIC 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 19: Strategic Programme VIG 25: Expansion of leading position in CEE
STRATEGIC 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 m
Slide 20: Strategic Programme VIG 25: Creation of sustainable value
STRATEGIC 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 “Operati
Slide 21: Strategic Programme VIG 25: ESG-related goals
STRATEGIC 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 at th
Slide 22: 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 Participation in the Austrian start-up “Gropyus” Gropyus builds and manages sustainable living units (mainly made
Slide 23: VIG 25: 3 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 24: Forecast for 2022
FORECAST FOR 2022 In view of the current situation and provided that there are no unexpected external factors and volatilities: Premium volume min. EUR 12 bn Profit before taxes above level of 2021 (EUR 511 mn) Combined ratio ~ 95% despite the challenging environment 24 OUTLOOK VIG VIENNA INSURANCE
Slide 25: 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 26: Foresight
FORESIGHT VIG* VIENNA INSURANCE GROUP Protecting what matters.
Slide 27: Support for Ukraine
SUPPORT FOR UKRAINE VIG Group sets numerous support actions VIG Group represented by 3 insurance companies in Ukraine Premium volume Ukraine 2021: EUR 108 million Market share 2021: 7% (number 3 in market ranking) “VIG Family Fund” established Base endowment EUR 5 million Including addit
Slide 28: 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 29: 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 30: 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 31: 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 32: 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 33: 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 34: Vienna Insurance Group – Protecting what matters
~_ee VIG: VIENNA INSURANCE GROUP Protecting what matters.
Slide 35: Publication Details
PUBLICATION DETAILS Presentation last updated January 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 Prod
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