BiH: Vienna Insurance VIG recognized as the number one life insurer in Bosnia and Herzegovina in 2023

31 January 2024 — Marina MAGNAVAL
Last year in which Vienna Insurance VIG celebrated its first 20 years of business in BiH, the company was recognized as the number one life insurer in BiH.

According to the data of the FBiH Insurance Supervision Agency, with almost BAM 47 million (~EUR 23.97 million) in premium income in 2023, Vienna Insurance VIG is the market leader and the preferred life insurer of BiH citizens, the company said.

"We are proud of the outstanding business results, and we owe our gratitude primarily to our valued clients and partners for their trust, to our employees for their hard work and perseverance, and to all friends for their support and encouragement to continuously improve. Although the life insurance segment in BiH represents only a little more than 20% of the entire insurance market, the fact that this segment is growing and that awareness of the citizens of BiH about the importance of this type of insurance is raising is really pleasing", said Sabina Mujanovic, director of Vienna Insurance VIG.

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