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 one of the market‘s top three insurers. We have three major brands in this market – Generali Versicherung, BAWAG P.S.K. Versicherung and Europäische Reiseversicherung – offering 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 2016. The total market share of Generali Versicherung reached 13.3% in 2016. The company is market leader in many lines of the retail business, e.g. motor insurance with a market share of 17.5%. 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 231 mln in the life segment. In 2016 the company included accident insurance to its portfolio.
Europäische Reiseversicherung is market leader in the travel insurance business with EUR 56 mln premium income. The company is partner to 1,500 travel agencies, 3.300 hotels and 1,800 brokers.