Get the dataData

Alfa VIG

VIG groupHungaryalfa.hu ↗#4 of 25 in Hungary, FY 2025
Updated 11 Nov 2026
Sources and updates
Source
MABISZ quarterly report; lines, solvency and claims from each insurer's SFCR
Latest figures
FY 2025, H1 2026
Next update
Jan–Sep 2026, around December 2026

Sources for HungaryWhat changed

Compare with nearest rivals →Compare →
Share
Premium
€579m
11.3% of Hungary
Growth
+9.5%
FY 2025 vs 2024, in HUF · market +14.9%
Life share
35%
of own premium
Capital cover
160%
SCR ratio · €226m held vs €141m required
Claims and costs
87%
combined ratio after reinsurance · gross 84% · market 87%
In shortNumber 4 of 25 in Hungary with 11.3% of premium, growing slower than the market. Strongest in Property, with 17.6% of the line. Its non-life business made money on underwriting, with a combined ratio of 87% after reinsurance against 87% for the market. It holds 1.6 times the capital it must hold.

In the news30 Jun 2026: Voluntary freeze on home insurance premiums ends; Alfa applies 7% indexation All news for Hungary

Latest resultsH1 2026, year to date: €339m of premium, +5.1% on H1 2025 (market +2.6%); share 11.2% (+0.3 pp), #4 of 25. More

Fingerprint

Alfa VIG's line mix, and where it stands among the 25 insurers in Hungary on each measure, FY 2025.

Line mix
Life33%
Property28%
Motor TPL16%
Casco9%
Accident6%
Liability4%
Health1%
Other non-life1%
Size#4 of 25 by premium
€579m
larger than 88%median €107m
GrowthFY 2025 against 2024, in HUF
+9.5%
ahead of 42%median +10.5%
Claims and costsnon-life combined ratio, after reinsurance
87%
better than 69%median 91%
Capital coverSCR ratio: own funds ÷ SCR
160%
ahead of 5%median 201%
Return on equitynet profit ÷ average equity
25.3%
ahead of 67%median 25.0%

Each bar runs from the weakest to the strongest of the insurers in Hungary with that figure in FY 2025; the dot is this insurer, the tick in the middle the median. Combined ratios as shown across the site: after reinsurance where published, else gross. The rose: each petal's area is the line's share of written premium; the dashed ring is a quarter.

Premium and market share

Market share against the nearest rivals

By year

Insurer20212022202320242025
Generali13.6%14.0%14.8%14.8%13.8%
Groupama10.1%10.5%11.6%12.4%13.3%
Alfa VIG10.6%10.9%11.8%11.8%11.3%
Union VIG8.5%8.3%7.4%7.0%6.8%
UNIQA5.9%5.9%6.3%6.6%6.5%

Lines and claims

Written premium by line with ratios after reinsurance for the year selected (gross, marked, where the insurer gives no net figures for a line); the market figure on the same basis sits under each ratio.

All figures

Savings and protection in life

Life premium by kind

Solvency

DetailsCapital in detailOwn funds against the capital requirement, and the risks it covers

Capital at year end

Capital cover

    Also in the VIG group

    36 companies in 18 markets · €9.28bn premium, latest year

    All 36 on the VIG page →

    Also in Bulgaria · €364mLatvia · €254mSerbia · €169mCroatia · €167mEstonia · €110mAlbania · €55mSlovenia · €54mBosnia and Herzegovina · €52mNorth Macedonia · €47mMoldova · €21mKosovo* · €15mMontenegro · €14m

    Company details

    Legal name
    Alfa Vienna Insurance Group Biztosító Zrt.
    Registered seat
    Budapest, Hungary
    Website
    alfa.hu
    LEI
    2138002WE79XZSYJB750
    Employees
    962 (2025; 881 in 2022, 894 in 2023, 952 in 2024)
    Premium per employee
    €602k (FY 2025; median for composite insurers in Hungary: €657k; all insurers)

    Legal name, seat and LEI from the Global LEI Index (GLEIF); website from the company's own reports or the supervisor's register, checked 20 Oct 2026.

    Questions about Alfa VIG

    Short answers from the figures on this page.

    What is Alfa VIG's market share in Hungary?

    Alfa VIG wrote €579m of premium in FY 2025, 11.3% of all premium in Hungary, ranking #4 of 25 insurers; its premium grew 9.5% on FY 2024 in HUF.

    Who owns Alfa VIG?

    Alfa VIG is part of the VIG group, which has 36 companies in all 18 markets on Polisa (FY 2025).

    What does Alfa VIG sell?

    Alfa VIG is a composite insurer; its largest lines in FY 2025 are life insurance (32.9% of its premium), property (27.9%) and motor TPL (16.3%).

    Is Alfa VIG well capitalised?

    Alfa VIG's SCR ratio was 160% at 31 December 2025: it held 1.6 times the capital Solvency II requires, against a median of 201% for the insurers in Hungary.

    Is Alfa VIG profitable?

    Alfa VIG made a net profit of €27.4m in FY 2025, a return on equity of 25.3%; its non-life combined ratio was 87% after reinsurance.

    Is Alfa VIG growing?

    Alfa VIG's premium grew 9.5% in HUF in FY 2025, slower than the market in Hungary (+14.9%).

    Sources for this page

    Premium: MABISZ (Association of Hungarian Insurance Companies), quarterly report for Q4, per member: total, life, non-life and motor TPL (kgfb). Other lines, claims, expenses and solvency: the insurer's SFCR for FY 2025, templates S.05.01 and S.23.01; claims, expenses and solvency for FY 2021–2024 from the SFCRs of those years. How these numbers are built.

    Spotted a wrong figure? Tell us and include the source.

    CiteCite this pageThe reference in APA style and as BibTeX, each with a copy button, and the terms of reuse

    Polisa compiles the figures; the original sources are named on this page and on the method page.

    APA

    Polisa. (2026). Alfa VIG (Hungary): premium, market share, lines, solvency and claims [Data version 2026-11-11.13378f]. Retrieved November 11, 2026, from https://polisapro.com/insurers/hu-alfa-vig

    BibTeXShow entry
    Entry for a .bib file
    @misc{polisa_insurers_hu_alfa_vig_2026,
      author       = {{Polisa}},
      title        = {Alfa VIG (Hungary): premium, market share, lines, solvency and claims},
      year         = {2026},
      version      = {2026-11-11.13378f},
      howpublished = {\url{https://polisapro.com/insurers/hu-alfa-vig}},
      note         = {Accessed 11 November 2026}
    }

    Reuse: Polisa's compilation CC BY 4.0 · source data: MABISZ (written consent only, no commercial use), MNB (free with credit, unchanged), e-beszámoló (public filings, single figures), insurers' SFCRs (public disclosures, linked).