Group Annual Report 2024

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Outlook for the Insurance Group 2025

Vienna Insurance Group with its approximately 30,000 employees, as the market leader in Central and Eastern Europe, is excellently positioned to take full advantage of the opportunities in this region and the associated long-term growth potential. The VIG 25 strategic programme, which runs until the end of 2025, is being consistently pursued. At the same time, the Managing Board has begun discussing the follow-up programme. A compact set of principles and corporate values, individual strategies for the local Group companies, even stronger reinforcement of cooperation (CO3) and Group-wide programmes will form a robust and sustainable framework for the long-term success of the Group.

As in the past, shareholders will participate in the Company’s success. In the context of the dividend policy, which sets the previous year’s dividend as the minimum dividend for the next year and anticipates a continuous increase depending on the operational result development, the Managing Board proposes to the relevant bodies an increase of the dividend from EUR 1.40 to EUR 1.55 per share for the financial year 2024. This corresponds to an increase of 10.7% year-on-year.

Vienna Insurance Group has so far been able to manage the effects of the challenging geopolitical and macroeconomic conditions very well and is well prepared for the volatile environment. On this basis, the positive results development is expected to continue in the 2025 financial year. VIG’s diversification across markets and lines of business, the customer focus of its companies and its capital strength provide excellent conditions for continuing its successful course. VIG’s management therefore aims to achieve a result before taxes within a range of EUR 950 million and EUR 1 billion for the financial year 2025.

Vienna, 25 March 2025

The Managing Board:

Hartwig Löger
General Manager (CEO),
Chairman of the Managing Board

Peter Höfinger
Deputy General Manager,
Deputy Chairman of the Managing Board

Liane Hirner
CFRO, Member of the Managing Board

Gerhard Lahner
COO, Member of the Managing Board

Gábor Lehel
CIO, Member of the Managing Board

Harald Riener
Member of the Managing Board

Christoph Rath
Deputy Member of the Managing Board