Vienna Insurance Group right on track in the first half of 2018

Clear improvement in all key figures

• Premiums rise by +3.6 percent to around EUR 5.2 billion
• Result (before taxes) up by +5.5 percent to around EUR 233 million, in spite of impairment in Romania
• Combined ratio further improved by -0.6 percentage points to 96.3 percent

Vienna Insurance Group’s (VIG) half-year results for 2018 show further improvement in key figures. “Stable, reliable and fit for the future is a brief summary of our goals. We have achieved a very stable upward development for two and a half years. The steady improvement in key figures shows we are reliable and the targets originally planned for 2019 have already been brought forward to this year. We are systematically using our “Agenda 2020” management programme to remain fit for the future. In addition to this year's focus on expanding bank distribution, the “Agenda 2020” programme is also currently looking at increasing data by processing using artificial intelligence. In this respect, new project in Poland has just been started”, summarised Elisabeth Stadler, CEO of Vienna Insurance Group, at the end of the first half of 2018.

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6M 2018 RESULTS PRESENTATION