Vienna Insurance Group AG (VIG) Earnings Call Transcripts

Vienna Insurance Group AG's Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Vienna Insurance Group AG (VIG) reported solid performance with insurance service revenues growing by 9.1% to EUR 3.4 billion and profit before tax increasing by 18.8% to EUR 310.3 million. The company confirmed its full-year profit before tax guidance of EUR 1.25 billion to EUR 1.3 billion, excluding the recently acquired Nurnberger. Management highlighted strategic acquisitions and partnerships that enhance VIG's market position, particularly in Ukraine and Romania, which could drive future growth.

Reported metrics

Guidance from management

VIG confirmed its profit before tax guidance for the full year 2026, targeting a range of EUR 1.25 billion to EUR 1.3 billion, excluding the impact of the Nurnberger acquisition.

What management said

I'm happy to take the second question regarding Nurnberger. As I already explained before, right after the acquisition or the closing, we started the finance transformation project as part of the post-merger integration, which will take the next months to get to IFRS 9, 17 numbers. So we will be able to present pro forma financial statements by the end of this year. And at this time, we will also be able to give deta...

So thank you very much for your interest and your questions. In case of further topics to be discussed, please reach out to the Investor Relations team. We have the next planned results release on the 26th of August with the half-year results 2026, still excluding Nurnberger. Thank you, and have a nice afternoon.

What analysts pressed on

Analysts expressed concerns regarding the impact of market volatility on net investment results and sought clarity on the expected pro forma financials from the Nurnberger acquisition. There were questions about how VIG plans to manage competitive pressures in the Polish market, particularly in motor insurance.

Main topics on the call

• Revenue Growth — VIG's insurance service revenue increased by 9.1% year-over-year to EUR 3.4 billion, reflecting strong growth across all segments. Management noted, 'We are very pleased with the development in the first 3 months of this...
• Profit Before Tax — Profit before tax rose to EUR 310.3 million, an increase of 18.8% year-over-year, supported by solid underwriting performance. This growth demonstrates the company's resilience in a challenging economic environment.
• Combined Ratio Improvement — The combined ratio improved to 91.8%, reflecting a 0.5 percentage point enhancement compared to the previous year. This indicates improved underwriting quality and operational efficiency.
• Nurnberger Acquisition — The acquisition of Nurnberger was completed ahead of schedule, with management stating, 'This is a very positive sign, having received these approvals ahead of time.' This acquisition is expected to diversify VIG's portf...

Read the full Vienna Insurance Group AG transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 32 Vienna Insurance Group AG earnings call transcripts on record, spanning March 17, 2020 to May 28, 2026. Based on this history, Vienna Insurance Group AG reports quarterly. The most recent call on file is dated May 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

VIG

Exchange

WBAG

Country

AT

Sector

Financials

Industry

Insurance

Calls on record

32

First call

March 17, 2020

Most recent

May 28, 2026

Reporting cadence

quarterly