Number 1 in the CEE region

In addition to Austria, VIG also focuses on Central and Eastern Europe, a region that offers enormous growth potential. Its operations in 25 countries also ensure broad diversification.

CEE: A dynamic economy...

Real GDP growth 2017–2020 in % p. a.
CEE: A dynamic economy… (bar chart)
The average economic growth rate is significantly higher in Central and Eastern Europe than in the Eurozone.

* Constant exchange rate used for forecasting
Source: IMF World Economic Outlook database, October 2017;
Note: Individual countries based on national currencies; CEE region and EU-15 based on IMF exchange rate nom. GDP NC/nom. GDP USD

... and major catch-up potential

Insurance density in 2016 in EUR (per capita premiums)
... and major catch-up potential (bar chart)
The comparatively low insurance density in Central and Eastern Europe illustrates the significant growth opportunities.

Source: IMF World Economic Outlook database, October 2017


180

million potential customers live in the CEE region.

Share of total premium volume

VIG in 2017
Share of total premium volume (ring chart)

Top position in its markets (illustration)


VIG in 1989 and 2017 (illustration)

1990

VIG took the first step in its expansion by entering former country Czechoslovakia in