Vienna Insurance Group AG 2019 AR2
The report highlights Vienna Insurance Group's (VIG) strong financial performance in the fiscal year 2019, with group premiums exceeding EUR 10.4 billion and a result before taxes of EUR 521.6 million. The company successfully concluded its bancassurance mergers and expanded its presence into the Nordic markets. VIG also implemented its new climate change strategy, committing to a gradual withdrawal from the coal sector by reducing direct investments and ending underwriting for new coal projects. Additionally, the group advanced its digital transformation with around 180 projects underway, including the establishment of the 'viesure innovation center' start-up.
Company: Vienna Insurance Group AG
Sector: Financials
Country: Austria
Year: 2019
Type: AR2
Pages: 49
Vienna Insurance Group AG
Group Annual Report
The report highlights Vienna Insurance Group's (VIG) strong financial performance in the fiscal year 2019, with group premiums exceeding EUR 10.4 billion and a result before taxes of EUR 521.6 million. The company successfully concluded its bancassurance mergers and expanded its presence into the Nordic markets. VIG also implemented its new climate change strategy, committing to a gradual withdrawal from the coal sector by reducing direct investments and ending underwriting for new coal projects. Additionally, the group advanced its digital transformation with around 180 projects underway, including the establishment of the 'viesure innovation center' start-up.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees