VICTORIA-VOLKSBANKEN
Versicherungs-AG

VICTORIA-VOLKSBANKEN Versicherungs-AG was founded in Austria in 1891 and is one of the most recognized experts in the field of employee benefits in Austria. VICTORIA-VOLKSBANKEN employs a staff of over 500 in offices located in all nine Federal States. It offers an impressive selection of insurance, investment, actuarial and administrative services for clients who range in size from some of Austria's largest employers to smaller companies and individuals. VICTORIA-VOLKSBANKEN also works with all of the world’s leading brokers and consultants.

VICTORIA-VOLKSBANKEN offers pension plans that are tailor-made and regularly updated to meet the changing needs of clients with emphasis on flexibility and reliable service. A professional team of experts provides the high standards of service and responsiveness that are required by the clients of VICTORIA-VOLKSBANKEN.

In 1990, the VICTORIA-VOLKSBANKEN Pensionskasse AG, an advanced funding vehicle for a wide range of employee benefits, was created in response to market demands resulting from new provisions in the legislation governing the funding of employee benefit plans. In 2001, VICTORIA-VOLKSBANKEN Pensionskassen won the I&PE (Investment & Pensions Europe) Country Award for leadership in fund structure and administration in Austria and in 2003, won the category “Best Pension Fund” for Austria.

In 2002, the VICTORIA-VOLKSBANKEN Mitarbeitervorsorgekasse AG was founded to provide a funding vehicle for the payment of termination indemnities as mandated according to recently enacted legislation.

In 2005, VICTORIA-VOLKSBANKEN introduced a new employee benefits funding vehicle, the “Occupational Collective Insurance”.

The VICTORIA, founded in 1853, represents IGP in Austria, Germany and Portugal. In 1998, VICTORIA, Hamburg Mannheimer, DKV, and D.A.S. merged to form the ERGO-Group. The ERGO-Group has nearly EUR 17 billion (USD 22.8 billion) in premium income and is the second largest primary insurer in Germany.

The two leading rating agencies, Standard & Poor’s and Moody’s, have assessed VICTORIA Life’s financial strength as AA- (Very Strong) and Aa3 (Excellent Financial Security), respectively. Out of approximately 120 life insurance companies in Germany, only a few besides the VICTORIA have a Double-A rating, which is currently the highest available rating category in Germany.

VICTORIA-VOLKSBANKEN has been an IGP Network Partner since 1967.

Key Products

• Life
• Accidental Death and Disability
• Widow's and Orphans' Pensions

• Long-Term Disability
• Waiver of Premium

• Insured Pensions

• Group Personal Accident
• Travel Accident

VICTORIA-VOLKSBANKEN is located on the internet at: www.bav.victoria.at. (Information also available in English.)