Risk management is firmly anchored in the management culture of the company and builds on a clearly defined conservative risk policy, extensive risk expertise, a developed risk toolkit and risk-based Managing Board decisions. The detailed risk report of VIG Insurance Group including the impact of climate change and the associated climate risks can be found in the notes to the consolidated financial statements in the section “Risk strategy and risk management”.
For information on the financial instruments used for investments, reference is made to Note “2. Financial assets and liabilities” as well as other balance sheet items evaluated according to IFRS 9 and Note “25.4 Financial instruments”, as well as the risk report, which can be found in the “Risk strategy and risk management” section of the notes to the consolidated financial statements.