Based on the Q1–Q3 result, VIG Management has increased the expected range for the Group’s result before taxes 2025 to EUR 1.10–1.15 billion, the Group said in its press release.

According to the press release, Vienna Insurance Group (VIG) consistently pursues its growth strategy: with increases across all key figures, VIG has recorded an outstanding performance for the first three quarters of 2025, resulting in a raised outlook for the full year 2025. With the planned acquisition of NÜRNBERGER Beteiligungs-AG (Nürnberger), the Group is setting another strong growth impulse: at the closing of the acceptance period for tendering of Nürnberger shares, VIG has already secured 98.38% of the company’s shares (preliminary result).

Gross written premiums increased by 8.6% to EUR 12,463.3 million year on year. The increase in premiums is attributable to all lines of business and segments. Insurance service revenue increased by 8.6% to EUR 9,720.3 million, with all lines of business and segments demonstrating clear growth here too. Profit before taxes increased by 31% year on year to EUR 872.8 million, mainly resulting from the segments Special Markets, Poland, Czech Republic and Austria.

The net combined ratio at the end of Q3 2025 stood at 92.1%, placing it significantly below the previous year’s result of 94.3% by 2.2 percentage points. At the end of Q3 2025, the Group’s solvency ratio was at an excellent 285.7% (including transitional measures), reflecting the Group’s economic resilience. After the closing of NÜRNBERGER in the second half of 2026, the solvency ratio will still remain above the range of 150 to 200% (without transitional measures).

“2025 has been a remarkable year for VIG in several respects. Firstly, we are expecting an exceptional year-end result, which has enabled us to improve our outlook for the financial year. Secondly, the planned acquisition of Nürnberger is the largest transaction in the history of our Group. The aim of diversifying through the special market Germany is to support VIG’s long-term profitable growth strategy in CEE while positioning Nürnberger also as a leading provider of biometric solutions within the Group”, commented Hartwig Löger, CEO of Vienna Insurance Group.