Wiener Städtische Versicherungsverein
Austrian insurance association founded in 1824 and main shareholder of the Vienna Insurance Group.
Last updated September 16, 2026
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Overview
The Wiener Städtische Versicherungsverein is an Austrian association whose history spans more than 200 years. It is the main shareholder of the Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG), the holding company of the internationally active VIG insurance group, and supports the group in cultural and social matters, with emphasis on cross-border exchange with the Central and Eastern European countries where the VIG insurance group operates. Its registered office is at Schottenring 30, A-1010 Vienna.
History
The more than 200-year history of the Wiener Städtische Versicherungsverein has been shaped by economically and socially turbulent times. According to the association's own account, Georg Ritter von Högelmüller, an officer of the imperial army, had the idea to found the association as early as 1803, but it was realized only more than 20 years later, on 24 December 1824 — the official founding date of the Wiener Städtische Versicherungsverein. The association states that the approval procedure for today's main shareholder of the leading insurance group in Central and Eastern Europe took more than 20 years in the early 19th century, which it explains by the democratic principle prevailing in the founding foundations of the time. Georg Ritter von Högelmüller is described as the founder of the "Wechselseitige k.k. priv. Brandschaden-Versicherungs-Anstalt", a predecessor of today's Wiener Städtische Versicherungsverein. The association is the main shareholder of the Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG), the holding company of the internationally active VIG insurance group, and supports the VIG insurance group in cultural and social matters, placing great value on cross-border exchange with those countries of Central and Eastern Europe in which the VIG insurance group operates. Within the framework of cooperations and initiatives, it specifically supports activities of social organizations that, among other things, create space and freedom for personal and cultural development.
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