EANS-Adhoc: Vienna Insurance Group / PROFITS EARNED IN ALL SEGMENTS AND MARKETS IN THE 1ST QUARTER OF 2014

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Financial Figures/Balance Sheet/1st Quarter 2014
26.05.2014

.) Solid premium growth to EUR 2.7 billion (+1.0%) - satisfying
growth of

+2.9% after adjusting for exchange rate effects - in spite of further
portfolio adjustments
.) Robust profit (before taxes) of EUR 152 million (-4.7%); +2.8% after
adjusting for special effects - all segments and markets made positive

contributions to profits .) Combined ratio - improved to an excellent
96.4% following 100.6% at the end of 2013

Consolidated premiums written by Vienna Insurance Group reached EUR
2.7 billion in the first quarter of 2014, representing a year-on-year
increase of 1.0 percent. When adjusted for exchange rate effects, the
increase rises further to 2.9 percent.

Profit (before taxes) was EUR 152 million. Adjusted for exchange rate
effects and the first interest payment on the subordinated debt
issued in autumn 2013, profit (before taxes) rose by 2.8 percent. It
is particularly satisfying to note that all Vienna Insurance Group
segments and markets made positive contributions to profits.

The combined ratio improved strongly to an excellent 96.4 percent.
This was half a percentage point lower than the same period in the
previous year. Compared to the end of 2013, the level improved
significantly by 4.2 percentage points.

The Group's financial result remained stable at around EUR 272
million. Vienna Insurance Group investments (including cash and cash
equivalents) were just under EUR 30 billion (as of 31 March 2014).

Further inquiry note:
VIENNA INSURANCE GROUP AG
Wiener Versicherung Gruppe
1010 Wien, Schottenring 30

Nina Higatzberger
Head of Investor Relations
Tel.: +43 (0)50 390-21920
Fax: +43 (0)50 390 99-21920
E-Mail: nina.higatzberger@vig.com

end of announcement euro adhoc
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issuer: Vienna Insurance Group
Schottenring 30
A-1010 Wien
phone: +43(0)50 390-21919
FAX: +43(0)50 390 99-23303
mail: investor.relations@vig.com
WWW: www.vig.com
sector: Insurance
ISIN: AT0000908504
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien, stock market: Prague Stock Exchange
language: English