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Vienna Insurance Group AG - Special Call
Seeking Alphaยท2025-10-10 03:46

Company Overview - Vienna Insurance Group (VIG) operates in 30 markets and serves approximately 33 million customers through over 50 insurance companies and pension funds [3] - The company has a diversified portfolio with insurance service revenue of EUR 12.1 billion projected for the year-end 2024 [3] Business Segmentation - The largest line of business for VIG is Other Property and Casualty, accounting for nearly 50% of total revenue, followed by Motor business at around 30%, and Life and Health business at approximately 20% [3] Financial Strength - VIG has a strong capitalization, evidenced by a solvency ratio of 261% at the year-end 2024 [3] - The company holds an S&P rating of A+ with a stable outlook, reflecting its financial stability [3]