Austria's Vienna Insurance 2025 pretax profit jumps 31.7%, premiums rise 7.1%

Vienna Insurance Wiener Versicherung Gruppe AG

12/03/2026 06:40

Overview

Austria insurer's preliminary 2025 gross written premiums rose 7.1% to EUR 16.3 bln

Preliminary profit before taxes climbed 31.7%, net combined ratio improved by 3.3 percentage points to 90.1%

Company proposes 12% dividend increase and highlights planned Nürnberger acquisition

Outlook

Vienna Insurance sees 2026 profit before taxes at EUR 1.25-1.3 bln, excluding NÜRNBERGER acquisition

Result Drivers

SEGMENT GROWTH - Strong premium and profit growth in Poland, Extended CEE, Czech Republic, and Austria drove results

HEALTH AND LIFE INSURANCE - Health insurance and life insurance posted the highest growth among lines of business

IMPROVED COMBINED RATIO - Lower cost and claims ratios, and fewer weather-related claims, led to a combined ratio of 90.1%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
EUR 834.9 mln
FY Combined Ratio
90.10%
FY Dividend
EUR 1.73
FY Investments
EUR 38 bln
FY Pretax Profit
EUR 1.16 bln
FY Solvency Ratio
296%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the multiline insurance & brokers peer group is "buy"

Wall Street's median 12-month price target for Vienna Insurance Group Wiener Versicherung Gruppe AG is €71.25, about 11.9% above its March 11 closing price of €63.70

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)