# Oberösterreichische Versicherung

Oberösterreichische Versicherung is an Insurance based in Linz, Austria.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Linz, Austria
- **Region:** Europe
- **Address:** Gruberstrasse 32, 4020 Linz, Austria
- **Founded:** 1811
- **Assets under management:** Undisclosed
- **Website:** www.keinesorgen.at
- **LinkedIn:** https://www.linkedin.com/company/oberoesterreichische-versicherung

## Regulatory record

- **Reports private funds:** No

## About

Oberösterreichische Versicherung was founded in 1811 in Linz and operates as Austria's leading property-casualty insurer in Upper Austria. CEO Othmar Nagl oversees a mutual structure controlled at 90.04% by Oberösterreichische Wechselseitige Versicherung Vermögensverwaltung, with Raiffeisenlandesbank Oberösterreich holding a 9.96% strategic stake. An internally managed general-account portfolio deploys capital across buyout-focused private-equity fund commitments and direct real property. Recorded investments are concentrated in Upper Austria: the portfolio includes the commercial headquarters at Gruberstraße 32 and the mixed-use Keine Sorgen Turm in Linz, alongside seasoned residential assets held through WAG Wohnungsanlagen Gesellschaft m.b.H. and EBS Wohnungsgesellschaft. While the firm does not disclose total deployment or a headcount for its investment team, its association memberships — notably the Austrian Insurance Association and the Austrian Federal Economic Chamber — embed the insurer in local policy and business networks that supplement quantitative allocation inputs. Unlike standalone family offices or pure third-party managers, Oberösterreichische Versicherung’s investment engine is structurally fused to its operating liability book. This insurance-anchored model makes asset-liability matching the overriding constraint, with an investment horizon that resets every time a policy is written in Linz.

## Sectors

- Real Estate
- Private Equity

## People

- Othmar Nagl — CEO and General Manager

## Questions

### Who makes asset-allocation decisions at Oberösterreichische Versicherung?

CEO and General Manager Othmar Nagl holds executive authority over the insurance company's operating and investment activities. Strategic influence also flows from the two dominant shareholders: the parent mutual association (90.04%) and Raiffeisenlandesbank Oberösterreich (9.96%). Day-to-day portfolio management is executed internally, within the same Linz-based team that runs the underwriting business.

### What is the firm's approach to private equity?

Oberösterreichische Versicherung pursues a private-equity allocation primarily through a buyout-focused fund-of-funds model, supplemented by direct co-investment vehicles. The strategy is run from the general account and designed to generate long-term returns in excess of the liability costs embedded in the firm's property, casualty, and life books.

### Is the firm’s investment capital structured as a separate entity or run off the insurance balance sheet?

All investment assets sit on the general account of the insurance company. There is no separately branded asset-management subsidiary or external client capital — a deliberate structural choice that keeps portfolio management inside the same mutual-holding framework that has governed the organization since 1811.

### How large is the real estate portfolio, and where is it located?

The real property portfolio is concentrated in Upper Austria and anchored by identifiable holdings in Linz: the Generaldirektion at Gruberstraße 32, the mixed-use Keine Sorgen Turm, and residential exposure through WAG and EBS portfolios. Comprehensive portfolio valuations are not publicly disclosed.

### What is Raiffeisenlandesbank Oberösterreich’s relationship to the firm?

Raiffeisenlandesbank Oberösterreich is a 9.96% shareholder and a major strategic partner. The stake provides the bank with governance influence over the insurer’s capital-allocation decisions while creating a distribution channel for insurance products into RLB OÖ’s retail and corporate client base throughout the region.

## Related profiles

- [Galdana Ventures](https://altss.com/profile/galdana-ventures)
- [Wyss Foundation](https://altss.com/profile/wyss-foundation)

---

Last updated: 2026-07-06T00:36:49.768Z

Canonical page: https://altss.com/profile/ober-sterreichische-versicherung

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology