6M 2021 RESULTS PRESENTATION

Vienna, 18 August 2021

6M 2021 RESULTS CONFERENCE CALL

Presenting team and topics

Participants

Topics

▪

Elisabeth Stadler, CEO

▪

Highlights & VIG 25

p. 3

▪

Liane Hirner, CFRO

▪

Financials & Investments

p. 9

▪ Peter Thirring, CTO (Q&A)

▪

Appendix 1: Segments

p. 20

▪

Appendix 2: Financials

p. 33

Please note: Rounding differences may occur when rounded amounts or percentages are added up.

2

VIG VIENNA INSURANCE GROUP

HIGHLIGHTS & VIG 25

FINANCIALS & INVESTMENTS

APPENDIX 1: SEGMENTS

APPENDIX 2: FINANCIALS

3

VIG VIENNA INSURANCE GROUP

HIGHLIGHTS 6M 2021

VIG well on track to reach full-year targets 2021 despite substantial weather related claims

Gross written premium

€ 5,772.9mn

GWP up by 3.5% (+€195.6mn)

  • Strongest GWP growth by segment in
    Central Functions (+€84.2mn), Czech Republic (+€66.0mn) and Poland (+€50.2mn)
  • All lines of business contributing to growth despite single premium life business (-€31.8mn)

Profit before taxes

€ 251.4mn

PBT up by 25.0% (+€50.2mn)

  • Half-year2020 impacted by goodwill impairment of €118.1mn
  • Net profit of €186.3mn
  • Earnings per share of €2.91 (+47.5%)

Combined Ratio

95.2%

Improved by 0.3%p due to decreased claims ratio

  • Claims ratio down to 63.0% (63.8%)
  • Cost ratio up to 32.2% (31.7%)
  • Positive development despite slight increase in cost ratio

4 HIGHLIGHTS & VIG 25

VIG VIENNA INSURANCE GROUP

VIG 25: BUILDING ON THE FOUNDATIONS OF PREVIOUS YEARS

2011

STRATEGY 2011

Specifying the strategy for sustainable growth in primary insurance

2016

AGENDA 2020

Management programme

Initiatives implemented as a continuation of Strategy 2011

2021

VIG 25

Strategy programme for VIG Group jointly developed with

local group companies to address changing market environment

5 HIGHLIGHTS & VIG 25

VIG VIENNA INSURANCE GROUP

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Vienna Insurance Group AG published this content on 18 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2021 07:03:09 UTC.