Vienna Insurance Group operates within the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Vienna Insurance Group with three other
insurance companies in Europe:
ASR Nederland NV
of NETHERLANDS
(2019
sales of 8.28 billion Euros [US$10.07 billion]
of which 57%
was Life),
Helvetia Holding AG
of SWITZERLAND
(10.69 billion Swiss Francs [US$12.05 billion]
of which 58%
was Life), and
Baloise Holding AG
which is
also
based in SWITZERLAND
(10.61 billion Swiss Francs [US$11.96 billion]
of which 68%
was Life).
Sales Analysis.
During the year ended December of 2019, sales at
Vienna Insurance Group were 10.80 billion Euro (US$13.14 billion).
This
is
an
increase of 6.5%
versus 2018, when the company's sales were 10.14 billion Euro.
This was the third consecutive year of growth at Vienna Insurance Group.
Sales of Baltic States saw an increase
that was more than double the company's growth rate: sales were up
39.0% in 2019, from
277.11 million Euro to 385.23 million Euro.
Vienna Insurance Group also saw significant increases in sales in
Poland (up 29.3% to 886.52 million Euro)
and
Other Markets (up 20.8% to 332.31 million Euro)
and
Remaining Cee (up 15.1% to 328.82 million Euro)
and
Hungary and Other (up 10.4% to 476.12 million Euro)
.
Not all segments of Vienna Insurance Group experienced an increase in sales in 2019:
sales of Central Functions fell 0.4% to 1.35 billion Euro.