The Council of the Insurance Supervision Agency adopted the Decision on Issuing the License for carrying out of insurance operations to the joint stock company Wiener Städtische Podgorica on its session held on 20 September 2010.
The foundes or the Wiener Städtische životnog osiguranja (life insurance) AD is the Vienna Insurance Group Wiener Stadtische Versicherung AG, having registered office in Vienna Republic of Austria. VIGA has a broad network and is present in 24 countries of the Central and Eastern Europe, and is a seventh company providing life insurance on the market of Montenegro.