Vienna Insurance Group reports profit before taxes of 261.1 million euros, up 7.5 percent in Q1

Vienna Insurance Group announces its financial results for the first quarter of this year. At 261.1 million euros, profit before taxes was 7.5 percent higher than in the same period of the previous year. The increased profit was driven primarily by the Poland and Extended CEE segments. In the Extended CEE segment, the increase stems primarily from Romania, Bulgaria and Slovakia.

“Vienna Insurance Group (VIG) achieved a successful business performance in the first quarter of 2025, with further improvements in key figures. We are thus continuing to deliver growth based on strong capitalisation and are reaffirming our ambition of achieving profit before taxes within a range of EUR 950 million and EUR 1 billion for 2025”, says Hartwig Löger, CEO of Vienna Insurance Group.

Gross written premiums increased by 8.3 percent to EUR 4,655 million in the reporting period. Premiums increased across all lines of business. The highest growth rates were reported in the Special Markets (+25.4 percent), Poland (+13 percent) and Extended CEE (+10.3 percent) segments, with Romania, the Baltic states, Slovakia and Hungary driving growth the most.

Insurance service revenue increased by 8.1 percent to EUR 3,139 million. Growth was recorded in all lines of business and in the Special Markets (+38 percent), Extended CEE (+10.7 percent), Poland (+8.2 percent), Czech Republic (+7.3 percent) and Austria (+6 percent) segments.