Austria is our largest market in the Austria, CEE & Russia Region and a pioneer in digitalization to further enhance the customer experience.
€ 2.7 bln
Generali Austria 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 in Austria focuses consistently on customers and their expectations – with smarter and simpler insurance solutions, committed employees and one of the largest distribution and service networks in the local insurance market. In 2019, gross written premium reached €2.7 billion. Austria is the largest market in the Austria, CEE & Russia Region.
Generali Versicherung covers all lines of business – life, health and P&C – with a premium income of EUR 2.5 bln in 2019. The total market share of Generali Versicherung reached over 15 % in 2019. More than 4,400 employees are taking care of roughly 1.7 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 210 mln in the life segment.
Europäische Reiseversicherung is market leader in the travel insurance business with EUR 68 mln premium income. The company is partner to 1,500 travel agencies, 3.300 hotels and 1,800 brokers.