Key figures at a glance

 

 

2018

2017

2016

2015

Rounding differences may occur when rounded amounts or percentages are added.

1

Incl. unit-linked and index-linked life insurance investments and excl. cash and cash equivalents

2

RoE is the ratio of Group result before taxes to VIG total average shareholders’ equity.

3

The value is calculated using shareholders’ equity less non-controlling shares and hybrid bonds.

4

Proposed dividend

Income statement

 

 

 

 

 

Premiums written

EUR millions

9,657.3

9,386.0

9,051.0

9,019.8

Net earned premiums – retention

EUR millions

8,729.4

8,509.6

8,191.3

8,180.5

Financial result

EUR millions

1,037.5

924.3

958.8

1,040.2

Expenses for claims and insurance benefits – retention

EUR millions

-6,947.0

-6,872.6

-6,753.4

-6,748.9

Acquisition and administrative expenses

EUR millions

-2,140.7

-2,040.3

-1,907.8

-1,847.6

Result before taxes

EUR millions

485.4

442.5

406.7

47.1

Net result of the period after taxes and non-controlling interests

EUR millions

268.9

297.6

287.8

-20.6

Combined ratio

%

96.0

96.7

97.3

97.3

Claims ratio

%

64.7

66.3

66.9

66.7

Cost ratio

%

31.3

30.4

30.4

30.6

Balance sheet

 

 

 

 

 

Investments1

EUR millions

44,336.9

44,994.0

43,195.8

38,286.1

Shareholders’ equity (including non-controlling interests)

EUR millions

5,835.7

6,043.9

5,711.3

4,414.5

Underwriting provisions

EUR millions

38,115.3

38,780.9

37,350.0

35,921.7

Total assets

EUR millions

51,163.5

51,714.0

50,008.1

44,489.7

Return on Equity (RoE)2

%

8.9

8.3

8.9

1.1

Share

 

 

 

 

 

Number of shares

Piece

128,000,000

128,000,000

128,000,000

128,000,000

Market capitalisation

EUR millions

2,595.8

3,297.9

2,726.4

3,237.1

Average number of shares traded by day

Piece

~ 86,000

~ 104,000

~ 161,000

~ 147,000

Book value per share3

EUR

33.98

36.20

34.11

32.07

End-of-period price

EUR

20.280

25.765

21.300

25.290

High

EUR

28.740

26.520

24.790

42.620

Low

EUR

19.900

21.590

16.095

24.910

Share performance for the year (excluding dividends)

%

-21.29

20.96

-15.80

-31.80

Dividend per share

EUR

1.004

0.90

0.80

0.60

Dividend yield

%

4.93

3.49

3.76

2.37

Earnings per share

EUR

2.04

2.23

2.16

-0.27

Price-earnings ratio as of 31 December

 

9.94

11.55

9.86

-93.67

Employees

 

 

 

 

 

Number of employees (average for the year)

 

25,947

25,059

24,601

22,995

CHANGE IN PROFIT

Change in profit (bar chart)

CHANGE IN THE COMBINED RATIO

Change in the combined ratio (bar chart)
VIG by segments in the year 2018

Country

Premium volume

Result before taxes

Combined ratio

Employees

 

in EUR '000

in EUR '000

in %

Number

1

Remaining CEE: Albania incl. Kosovo, Bosnia-Herzegovina, Croatia, North Macedonia, Moldova, Serbia, Ukraine

2

Other Markets: Germany, Liechtenstein

3

Central Functions: VIG Holding, VIG Re, Wiener Re, VIG Fund, non-profit societies, corporate IT service providers and intermediate holding companies

Austria

3,839,925

170,352

94.2

5,082

Czech Republic

1,684,151

166,696

92.7

4,971

Slovakia

799,646

47,212

97.3

1,699

Poland

897,790

32,245

92.6

1,867

Romania

515,340

-73,877

107.5

1,948

Baltic states

375,831

2,115

98.7

1,849

Hungary

263,502

7,580

98.5

473

Bulgaria

171,313

11,410

99.1

872

Turkey/Georgia

198,301

3,843

98.5

1,109

Remaining CEE1

374,689

23,466

96.6

4,705

Other Markets2

320,992

23,915

82.9

130

Central Functions3

1,584,272

70,194

1,242

DIVIDEND PER SHARE

Dividend per share (bar chart)

PREMIUMS BY LINES OF BUSINESS

Premiums by line of business (ring chart)

Values for 2017 in parentheses