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We are not looking at problems but searching
for solutions.

Wiener Re is the reinsurance company that has become the regional leader after only 8 years of business activity. With over 18 clients from Serbia, Bosnia and Herzegovina, Macedonia and Montenegro we have over 60% the reinsurance market share among the Serbian reinsurance companies.

There are 3 standards that are the foundation of Wiener Re

1

THE CULTURE
OF ADJUSTMENT

Complete adjustment to the needs of clients and searching for solutions based on our expertise, experience and absolute knowledge of the regional circumstances.

2

PROLIFIC
PORTFOLIO

The widest possible coverage of insurance lines, from property and engineering to aviation hull and liability, BBB policies and terrorism.

3

KNOWLEDGE AND
CONFIDENCE

Utterly professional risk management and constant investment in acquiring new knowledge and monitoring the latest market development.

VIG RE logotip

Part of the successful story

Our history begins in 2008 when we were established by Wiener Städtische Versicherung AG, Vienna Insurance Group, Austria. Today Wiener Re is owned by VIG RE zajišťovna, Prague and is active on the markets of Serbia, Bosnia and Herzegovina, Montenegro and Macedonia with a goal of further business development on the Southeastern markets. We are proud to be part of an insurance group with a history of more than 190 years.

The Key to Our Fast Growth

Today’s society is more than ever a society of uncertainty and risk. In these turbulent times the clients are looking for safety, stability as well as adjusted solutions which are not part of everyday routine. We insist on dialogue with clients and listen to them carefully. As a result we come up with specific solutions in line with their business activity.

Wiener Re has a mission to be a safe and strong foundation for each and every client, a trustworthy partner on the way to reaching clients’ goals offering irreplaceable support. We are motivated by the collective growth together with the client, joint prosperity and successful risk control.

Expressing values in mio EUR
Expressing values in %
Expressing values in mio EUR
Expressing values in mio EUR
Income statement 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Premiums written 8,894 20,651 21,369 25,874 26,280 31,302 38,292 40,457 46,973 51,669
Result from investments 331 367 368 384 416 394 449 482 360 355
Profit before taxes 564 796 121 891 587 601 591 580 168 363
Profit for the period 564 718 108 800 536 562 555 513 162 363
Balance sheet 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Investments 3,385 3,204 3,823 6,766 8,055 7,998 8,113 7,833 7,155 8,046
Total assets 11,341 21,782 22,484 27,539 28,186 50,649 40,320 42,236 48,599 91,932
Shareholder's equity 5,402 5,122 5,164 5,557 5,512 5,224 5,196 5,118 5,334 5,346
Underwriting provisions 2,251 5,663 6,040 9,425 9,544 30,671 20,332 20,597 21,784 65,498
Business performance indicators 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Combined ratio 106.12% 101.82% 100.79% 92.82% 93.96% 99.78% 92.88% 92.23% 94.24% 97.31%
ROE 10.44% 14.02% 2.10% 14.40% 9.73% 10.76% 10.69% 10.06% 3.04% 4.98%
Vidan Slana

“Our business activity in the field of insurance while very specific and complex, gives our clients different advantages from reduction of net liability based on insurance agreements to possibility of insuring greater protection of equity and solvency. Wiener Re is in a unique position with a chance to further develop together with its clients based on growth, mutual interests and clients’ safety using our services. The biggest principle of Wiener RE is to give support to our clients, not to limit them.”

Vidan Slana, CEO