Breaking News: Peter Thirring Takes Over as Chairman of Vienna Insurance Group
July 2, 2025 – In a crucial development for the insurance sector, Peter Thirring has officially assumed the chairmanship of the Vienna Insurance Group (VIG). Effective July 1st, Thirring is steering the VIG into its next chapter, following the accomplished tenure of Rudolf Ertl, who will continue as deputy chairman.
Authoritative Shift within VIG
Peter Thirring, after a mandatory cooling-off period following the end of his previous Board membership, has been instated as the new chairman during the supervisory board meeting held in May. This transition follows Rudolf Ertl’s term, who commenced his duties in 2024 after Günter Geyer’s departure. Thirring’s career arc within VIG spans back to 2018 when he joined as Chief Technical Officer. In June 2023, after relinquishing his Board position, he was elected to the Supervisory Board in the General Assembly of that year.
A Glance into Thirring’s Professional Journey
Born in Seattle, USA, in 1957, Thirring earned his law degree from the University of Vienna in 1981. He initiated his insurance career in 1984, climbing the ladder at Generali to become CEO of several Generali entities in Austria by 2015. This executive entered VIG on July 1, 2018, contributing to insurance technology, compliance, and VIG Re. Notably, Thirring holds the dual roles of VIG supervisory board member and representative director at GEMA, the Viennese city mutual insurance association.
Rudolf Ertl’s Role Continues as Deputy Chairman
Underlining a smooth transition, Ertl will maintain his position as deputy chairman of the supervisory board. This strategy ensures continuity while pioneering innovation in the insurance industry. Thirring’s tenure is set to blend extensive industry knowledge with forward-thinking strategies to steer VIG toward future resilience.
Insights into VIG’s Future Path
With new leadership at the helm, VIG is poised to navigate through the challenging insurance landscape. As the world rapidly evolves, integrating technology and compliance has become paramount. Peter Thirring, with his dynamic background and strategic foresight, is well-equipped to undertake these responsibilities.
preocupación throughout the insurance sector, Peter Thirring assumes the chairmanship of the Vienna Insurance Group (VIG). Effective July 1, Thirring takes on the reins, succeeding Rudolf Ertl, who remains involved as deputy chairman.
The Blend of Experience and Vision
The transition within VIG reflects a strategic move to preserve stability and propel the group forward. Peter Thirring’s tenure promises to merge his extensive industry experience with innovative approaches, ensuring VIG remains at the forefront of the insurance sector. Given the dynamic nature of the insurance landscape, integrating advanced technology and rigorous compliance frameworks are pivotal, and Thirring is perfectly positioned to champion these initiatives.
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