VIG Re delivered a strong underwriting and financial performance in 2025, meeting all key financial targets while further strengthening its position as one of Europe’s leading reinsurers with a growing footprint in Asia, the company said in its recent press release.

According to the press release, in parallel, VIG Re advanced its strategic transformation and entered a new phase with the launch of its three-year strategy, VIGRe28. The company also released its Annual Report and Solvency and Financial Condition Report for 2025.

Key financial figures for 2025:

• GWP: EUR 995.6 million (up by 1.3% year-on-year)

• Profit before tax: EUR 49.0 million (up by 17.8% year-on-year)

• Return on equity: 10.2%

• Net combined ratio: 85.7%

VIG Re’s profit before tax reflects disciplined underwriting, effective risk management, and solid investment performance. The combined ratio improved, underlining strong technical profitability. Results were supported by portfolio growth, a resilient business mix, and below average natural catastrophe activity in Europe.

Assumed Risk business remained the core pillar of VIG Re’s operations, accounting for over three-quarters of premium income. In line with its strategic ambition VIG Re continued to expand its external client base. In 2025, 63% of Assumed Risk premium originated from 3rd party business, while 37% was attributable to VIG Group companies. The company maintained a strong capital position and an A+ financial strength rating with positive outlook from Standard & Poor’s.

“2025 was a year of momentum for VIG Re, and our results clearly reflect the trust our clients place in

our partnership-driven approach”, said Tobias Sonndorfer, Chairman and Chief Executive Officer of VIG Re. “Being recognised among the Top 30 global P&C reinsurance brands further confirms the strength of these relationships. With VIGRe28 now launched, we are building on a solid foundation: strengthening our core, expanding with intend, and accelerating impact through data, technology, and people”, the CEO added.

“VIG Re achieved an exceptionally profitable year, marked by strong financial performance, disciplined execution, and sustained value creation. The company continues to progress consistently with its long-term ambitions framed in strategic continuity, and a clear sense of direction”, commented Peter Höfinger, Deputy CEO of Vienna Insurance Group and the Chairman of the Supervisory Board of VIG Re.