Austria is our largest market in the Austria, CEE & Russia Region and a pioneer in digitalization to further enhance the customer experience.
€ 2.6 billion
With a market share of more than 15% Generali is the third-largest insurance group in Austria. The three insurance companies – Generali Versicherung, BAWAG P.S.K. Versicherung and Europäische Reiseversicherung – offer a full range of products and services.
Generali Versicherung covers all lines of business – life, health and P&C – with a premium income of EUR 2.3 bln in 2017. The total market share of Generali Versicherung reached 13.5% in 2017. The company is market leader in many lines of the retail business, e.g. motor insurance with a market share of 17.4%. More than 4,400 employees are taking care of roughly 1.6 million clients.
BAWAG P.S.K. VERSICHERUNG
BAWAG P.S.K. Versicherung is the bancassurance partner of BAWAG P.S.K. Bank with a premium income of EUR 217 mln in the life segment.
Europäische Reiseversicherung is market leader in the travel insurance business with EUR 62 mln premium income. The company is partner to 1,500 travel agencies, 3.300 hotels and 1,800 brokers.