Business development by reportable segment

The reportable segments Austria, Czech Republic, Poland, Extended CEE, Special Markets and Group Functions are discussed below. The discussion focuses on presenting business development in these reportable segments and the market position held by the VIG Group in the respective countries. A detailed presentation of the consolidated income statement by reportable segments and premiums written by reportable segments and lines of business is provided on page 91 in the notes to the consolidated financial statements and in Note 15. Premiums written – gross on page 147.

Premiums written by reportable segment

in EUR millions

2021

2020

∆ in %

∆ absolute

Austria

4,048.4

4,030.7

0.4%

17.7

Czech Republic

1,864.9

1,732.4

7.7%

132.5

Poland

1,279.8

1,196.2

7.0%

83.6

Extended CEE1

2,886.7

2,640.5

9.3%

246.3

Special Markets2

531.7

531.6

0.0%

0.0

Group Functions3

1,965.0

1,736.5

13.2%

228.5

Consolidation

-1,574.0

-1,439.5

9.3%

-134.5

Total

11,002.6

10,428.5

5.5%

574.1

1

Extended CEE: Albania incl. Kosovo, Baltics, Bosnia-Herzegovina, Bulgaria, Croatia, Hungary, Moldova, North Macedonia, Romania, Serbia, Slovakia, Ukraine

2

Special Markets: Germany, Georgia, Liechtenstein, Turkey

3

Group functions: VIG Holding, VIG Re, Wiener Re, VIG Fund, corporate IT service providers and intermediate holding companies

Result before taxes by reportable segment

in EUR millions

2021

2020

∆ in %

∆ absolute

Austria

234.7

178.7

31.3%

55.9

Czech Republic

186.9

192.1

-2.7%

-5.2

Poland

69.9

22.6

> 100%

47.3

Extended CEE1

188.6

31.2

> 100%

157.4

Special Markets2

37.9

25.8

46.5%

12.0

Group Functions3

-210.8

-107.6

96.0%

-103.3

Consolidation

4.3

3.0

42.3%

1.3

Total

511.3

345.9

47.8%

165.5

1

Extended CEE: Albania incl. Kosovo, Baltics, Bosnia-Herzegovina, Bulgaria, Croatia, Hungary, Moldova, North Macedonia, Romania, Serbia, Slovakia, Ukraine

2

Special Markets: Germany, Georgia, Liechtenstein, Turkey

3

Group functions: VIG Holding, VIG Re, Wiener Re, VIG Fund, corporate IT service providers and intermediate holding companies