Vienna Insurance Group Wiener Versicherung Gruppe AG
VSE:VIG
Vienna Insurance Group Wiener Versicherung Gruppe AG
Revenue
Vienna Insurance Group Wiener Versicherung Gruppe AG
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
V
|
Vienna Insurance Group Wiener Versicherung Gruppe AG
VSE:VIG
|
Revenue
€11.4B
|
CAGR 3-Years
4%
|
CAGR 5-Years
2%
|
CAGR 10-Years
2%
|
|
|
U
|
Uniqa Insurance Group AG
VSE:UQA
|
Revenue
€7.1B
|
CAGR 3-Years
1%
|
CAGR 5-Years
3%
|
CAGR 10-Years
N/A
|
|
Vienna Insurance Group Wiener Versicherung Gruppe AG
Glance View
Vienna Insurance Group Wiener Versicherung Gruppe AG, often recognized as a beacon of stability in Central and Eastern Europe's insurance market, has woven its legacy through a rich tapestry of strategic expansion and focused adaptation. Originating from its headquarters in the heart of Vienna, the company taps into the region's diverse markets, offering a variety of insurance services. It operates across an impressive range of countries, from Poland to Bulgaria, leveraging its deep understanding of local nuances to cater to diverse consumer needs. The company crafts its growth narrative through a unique blend of decentralized operations and local market knowledge, providing everything from life insurance and property coverage to health and accident policies. This localized approach allows VIG to maintain a nimble stance, catering precisely to the needs and demands of individual regional markets. The success of Vienna Insurance Group lies in its ability to sustainably blend traditional insurance models with innovative solutions. Revenue generation primarily hinges on premium collection across its comprehensive portfolio, which spans both life and non-life insurance products. This strategy is backed by prudential risk management and investment in technological advancements, allowing the company to effectively manage claims and customer service. Furthermore, VIG's focus on maintaining strong relationships with local distribution partners fuels its expansive reach and ingrained market presence. By focusing on long-term value creation and prudent financial stewardship, the group not only secures its place within the competitive insurance landscape but also ensures durable returns for its stakeholders.
See Also
What is Vienna Insurance Group Wiener Versicherung Gruppe AG's Revenue?
Revenue
11.4B
EUR
Based on the financial report for Jun 30, 2024, Vienna Insurance Group Wiener Versicherung Gruppe AG's Revenue amounts to 11.4B EUR.
What is Vienna Insurance Group Wiener Versicherung Gruppe AG's Revenue growth rate?
Revenue CAGR 10Y
2%
Over the last year, the Revenue growth was 5%. The average annual Revenue growth rates for Vienna Insurance Group Wiener Versicherung Gruppe AG have been 4% over the past three years , 2% over the past five years , and 2% over the past ten years .
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