The decision was made based on data for the first half of the year, the group said.
In Romania, VIG controls insurers Omniasig, Asirom and BCR Asigurari de Viata.
Omniasig, Asirom and BCR Asigurari de Viata underwrote gross premiums of EUR101.2 million in the first quarter of 2013, down 24.8% on the year. They registered combined loss of EUR2.9 million, due mainly to the auto segment, VIG said in May.
On the general insurance segment, the three insurers underwrote premiums of EUR78.3 million in the first quarter, down 26.8% from EUR107 million on the year.
Their underwritten premiums on the life insurance segment fell 17.1% in the analyzed interval to EUR23 million from EUR27.7 million.
VIG is present in Central and Eastern Europe. Its largest markets are Austria, the Czech Republic, Slovakia, Poland and Romania.
VIG underwrote gross premiums of EUR2.7 billion in the first quarter of 2013, slightly down on the year. Its net profit rose 5.2% to EUR123.8 million.