﻿<?xml version="1.0" encoding="utf-8"?>
<linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://www.xbrl.org/2003/linkbase">
  <labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended" xmlns:xlink="http://www.w3.org/1999/xlink">
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InsuranceServiceResult" xlink:label="ifrs-full_InsuranceServiceResult" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InsuranceRevenue" xlink:label="ifrs-full_InsuranceRevenue" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued" xlink:label="ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses" xlink:label="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_TotalCapitalInvestmentResult" xlink:label="viennainsurancegroup_TotalCapitalInvestmentResult" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_CapitalInvestmentResult" xlink:label="viennainsurancegroup_CapitalInvestmentResult" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod" xlink:label="ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ImpairmentLossOnFinancialAssets" xlink:label="ifrs-full_ImpairmentLossOnFinancialAssets" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GainLossArisingFromDerecognitionOfFinancialAssetsMeasuredAtAmortisedCost" xlink:label="ifrs-full_GainLossArisingFromDerecognitionOfFinancialAssetsMeasuredAtAmortisedCost" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_IncomeAndExpensesFromInvestmentProperty" xlink:label="viennainsurancegroup_IncomeAndExpensesFromInvestmentProperty" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InsuranceFinanceIncomeExpenses" xlink:label="ifrs-full_InsuranceFinanceIncomeExpenses" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss" xlink:label="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss" xlink:label="ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinanceIncomeCost" xlink:label="ifrs-full_FinanceIncomeCost" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinanceIncome" xlink:label="ifrs-full_FinanceIncome" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FinanceCosts" xlink:label="ifrs-full_FinanceCosts" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="ifrs-full_OtherOperatingIncomeExpense" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherIncome" xlink:label="ifrs-full_OtherIncome" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_MiscellaneousOtherOperatingExpense" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_BusinessOperatingResult" xlink:label="viennainsurancegroup_BusinessOperatingResult" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ReversalOfImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_ReversalOfImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="ifrs-full_ProfitLossBeforeTax" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProfitLoss" xlink:label="ifrs-full_ProfitLoss" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_BasicEarningsLossPerShare" xlink:label="ifrs-full_BasicEarningsLossPerShare" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_StatementOfComprehensiveIncomeTable" xlink:label="viennainsurancegroup_StatementOfComprehensiveIncomeTable" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_StatementOfComprehensiveIncomeLineItems" xlink:label="viennainsurancegroup_StatementOfComprehensiveIncomeLineItems" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:label="ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:label="ifrs-full_OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax" xlink:label="ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:label="ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_StatementOfFinancialPositionTable" xlink:label="viennainsurancegroup_StatementOfFinancialPositionTable" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_StatementOfFinancialPositionLineItems" xlink:label="viennainsurancegroup_StatementOfFinancialPositionLineItems" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_Receivables" xlink:label="viennainsurancegroup_Receivables" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_ShareCapitalAndReserves" xlink:label="viennainsurancegroup_ShareCapitalAndReserves" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_HybridcapitalMember" xlink:label="viennainsurancegroup_HybridcapitalMember" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_Equity" xlink:label="ifrs-full_Equity" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_ChangesInScopeOfConsolidationOwnershipInterests" xlink:label="viennainsurancegroup_ChangesInScopeOfConsolidationOwnershipInterests" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings" xlink:label="ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ComprehensiveIncome" xlink:label="ifrs-full_ComprehensiveIncome" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_OtherComprehensiveIncomeExcludingCurrencyChanges" xlink:label="viennainsurancegroup_OtherComprehensiveIncomeExcludingCurrencyChanges" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_IAS29Effect" xlink:label="viennainsurancegroup_IAS29Effect" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_GainsLossesOnExchangeDifferencesWithoutIas29Effect" xlink:label="viennainsurancegroup_GainsLossesOnExchangeDifferencesWithoutIas29Effect" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DividendsPaid" xlink:label="ifrs-full_DividendsPaid" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="ifrs-full_CashAndCashEquivalents" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" xlink:label="ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:label="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashAndCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013" xlink:label="ifrs-full_CashAndCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_StatementOfCashFlowsTable" xlink:label="viennainsurancegroup_StatementOfCashFlowsTable" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_StatementOfCashFlowsLineItems" xlink:label="viennainsurancegroup_StatementOfCashFlowsLineItems" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_PlannedDepreciationOfTangibleAssetsExcludingRealEstate" xlink:label="viennainsurancegroup_PlannedDepreciationOfTangibleAssetsExcludingRealEstate" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_AdjustmentsForGainLossOnDisposalAndDepreciationOfProperty" xlink:label="viennainsurancegroup_AdjustmentsForGainLossOnDisposalAndDepreciationOfProperty" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForDividendIncome" xlink:label="ifrs-full_AdjustmentsForDividendIncome" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_AdjustedResultForThePeriod" xlink:label="viennainsurancegroup_AdjustedResultForThePeriod" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_ChangesInWorkingCapital" xlink:label="viennainsurancegroup_ChangesInWorkingCapital" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_ChangesInFinancialAssetsIncludingDerivatives" xlink:label="viennainsurancegroup_ChangesInFinancialAssetsIncludingDerivatives" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_ChangesInContractAssetsAndContractLiabilities" xlink:label="viennainsurancegroup_ChangesInContractAssetsAndContractLiabilities" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_ChangesInRightOfUseAssetsAndLeaseReceivablesAndLeaseLiabilities" xlink:label="viennainsurancegroup_ChangesInRightOfUseAssetsAndLeaseReceivablesAndLeaseLiabilities" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_ChangesInReceivablesAndLiabilitiesExclusingLeases" xlink:label="viennainsurancegroup_ChangesInReceivablesAndLiabilitiesExclusingLeases" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_ChangesInIntangibleAssets" xlink:label="viennainsurancegroup_ChangesInIntangibleAssets" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_ChangesInProperty" xlink:label="viennainsurancegroup_ChangesInProperty" />
    <loc xlink:type="locator" xlink:href="549300JCRU23I1THU176-2025-12-31.xsd#viennainsurancegroup_ChangesInOtherPositions" xlink:label="viennainsurancegroup_ChangesInOtherPositions" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:label="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchaseOfInvestmentProperty" xlink:label="ifrs-full_PurchaseOfInvestmentProperty" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:label="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RepaymentsOfSubordinatedLiabilities" xlink:label="ifrs-full_RepaymentsOfSubordinatedLiabilities" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:label="ifrs-full_ProceedsFromNoncurrentBorrowings" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:label="ifrs-full_RepaymentsOfNoncurrentBorrowings" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DividendsRecognisedAsDistributionsToOwnersPerShare" xlink:label="ifrs-full_DividendsRecognisedAsDistributionsToOwnersPerShare" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_InsuranceServiceResult" xlink:to="label_viennainsurancegroup_ifrs-fullInsuranceServiceResult_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_InsuranceRevenue" xlink:to="label_viennainsurancegroup_ifrs-fullInsuranceRevenue_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued" xlink:to="label_viennainsurancegroup_ifrs-fullInsuranceServiceExpensesFromInsuranceContractsIssued_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses" xlink:to="label_viennainsurancegroup_ifrs-fullIncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_TotalCapitalInvestmentResult" xlink:to="label_viennainsurancegroup_viennainsurancegroupTotalCapitalInvestmentResult_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_CapitalInvestmentResult" xlink:to="label_viennainsurancegroup_viennainsurancegroupCapitalInvestmentResult_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod" xlink:to="label_viennainsurancegroup_ifrs-fullInterestRevenueCalculatedUsingEffectiveInterestMethod_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ImpairmentLossOnFinancialAssets" xlink:to="label_viennainsurancegroup_ifrs-fullImpairmentLossOnFinancialAssets_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_GainLossArisingFromDerecognitionOfFinancialAssetsMeasuredAtAmortisedCost" xlink:to="label_viennainsurancegroup_ifrs-fullGainLossArisingFromDerecognitionOfFinancialAssetsMeasuredAtAmortisedCost_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="label_viennainsurancegroup_ifrs-fullGainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_IncomeAndExpensesFromInvestmentProperty" xlink:to="label_viennainsurancegroup_viennainsurancegroupIncomeAndExpensesFromInvestmentProperty_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_InsuranceFinanceIncomeExpenses" xlink:to="label_viennainsurancegroup_ifrs-fullInsuranceFinanceIncomeExpenses_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss" xlink:to="label_viennainsurancegroup_ifrs-fullInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss" xlink:to="label_viennainsurancegroup_ifrs-fullFinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:to="label_viennainsurancegroup_ifrs-fullShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_FinanceIncomeCost" xlink:to="label_viennainsurancegroup_ifrs-fullFinanceIncomeCost_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_FinanceIncome" xlink:to="label_viennainsurancegroup_ifrs-fullFinanceIncome_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_FinanceCosts" xlink:to="label_viennainsurancegroup_ifrs-fullFinanceCosts_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_OtherOperatingIncomeExpense" xlink:to="label_viennainsurancegroup_ifrs-fullOtherOperatingIncomeExpense_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_OtherIncome" xlink:to="label_viennainsurancegroup_ifrs-fullOtherIncome_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_MiscellaneousOtherOperatingExpense" xlink:to="label_viennainsurancegroup_ifrs-fullMiscellaneousOtherOperatingExpense_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_BusinessOperatingResult" xlink:to="label_viennainsurancegroup_viennainsurancegroupBusinessOperatingResult_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_BusinessOperatingResult" xlink:to="label_viennainsurancegroup_viennainsurancegroupBusinessOperatingResult_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="label_viennainsurancegroup_ifrs-fullImpairmentLossRecognisedInProfitOrLossGoodwill_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xlink:to="label_viennainsurancegroup_ifrs-fullImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ReversalOfImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xlink:to="label_viennainsurancegroup_ifrs-fullReversalOfImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="label_viennainsurancegroup_ifrs-fullProfitLossBeforeTax_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="label_viennainsurancegroup_ifrs-fullIncomeTaxExpenseContinuingOperations_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ProfitLoss" xlink:to="label_viennainsurancegroup_ifrs-fullProfitLoss_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="label_viennainsurancegroup_ifrs-fullProfitLossAttributableToOwnersOfParent_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:to="label_viennainsurancegroup_ifrs-fullProfitLossAttributableToNoncontrollingInterests_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_BasicEarningsLossPerShare" xlink:to="label_viennainsurancegroup_ifrs-fullBasicEarningsLossPerShare_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_StatementOfComprehensiveIncomeTable" xlink:to="label_viennainsurancegroup_StatementOfComprehensiveIncomeTable" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_StatementOfComprehensiveIncomeLineItems" xlink:to="label_StatementOfComprehensiveIncomeLineItems" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="label_viennainsurancegroup_ifrs-fullShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="label_viennainsurancegroup_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:to="label_viennainsurancegroup_ifrs-fullOtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax" xlink:to="label_viennainsurancegroup_ifrs-fullShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:to="label_viennainsurancegroup_ifrs-fullIncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_StatementOfFinancialPositionTable" xlink:to="label_viennainsurancegroup_StatementOfFinancialPositionTable" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_StatementOfFinancialPositionLineItems" xlink:to="label_StatementOfFinancialPositionLineItems" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_Receivables" xlink:to="label_viennainsurancegroup_viennainsurancegroupReceivables_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_ShareCapitalAndReserves" xlink:to="label_viennainsurancegroup_viennainsurancegroupShareCapitalAndReserves_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_HybridcapitalMember" xlink:to="label_viennainsurancegroup_HybridcapitalMember" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_Equity" xlink:to="label_viennainsurancegroup_ifrs-fullEquity_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_ChangesInScopeOfConsolidationOwnershipInterests" xlink:to="label_viennainsurancegroup_viennainsurancegroupChangesInScopeOfConsolidationOwnershipInterests_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_ChangesInScopeOfConsolidationOwnershipInterests" xlink:to="label_viennainsurancegroup_viennainsurancegroupChangesInScopeOfConsolidationOwnershipInterests_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings" xlink:to="label_viennainsurancegroup_ifrs-fullIncreaseDecreaseThroughAppropriationOfRetainedEarnings_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="label_viennainsurancegroup_ifrs-fullComprehensiveIncome_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_OtherComprehensiveIncomeExcludingCurrencyChanges" xlink:to="label_viennainsurancegroup_viennainsurancegroupOtherComprehensiveIncomeExcludingCurrencyChanges_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_OtherComprehensiveIncomeExcludingCurrencyChanges" xlink:to="label_viennainsurancegroup_viennainsurancegroupOtherComprehensiveIncomeExcludingCurrencyChanges_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_IAS29Effect" xlink:to="label_viennainsurancegroup_viennainsurancegroupIAS29Effect_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_IAS29Effect" xlink:to="label_viennainsurancegroup_viennainsurancegroupIAS29Effect_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_GainsLossesOnExchangeDifferencesWithoutIas29Effect" xlink:to="label_viennainsurancegroup_viennainsurancegroupGainsLossesOnExchangeDifferencesWithoutIas29Effect_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_GainsLossesOnExchangeDifferencesWithoutIas29Effect" xlink:to="label_viennainsurancegroup_viennainsurancegroupGainsLossesOnExchangeDifferencesWithoutIas29Effect_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_DividendsPaid" xlink:to="label_viennainsurancegroup_ifrs-fullDividendsPaid_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="label_viennainsurancegroup_ifrs-fullCashAndCashEquivalents_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale" xlink:to="label_viennainsurancegroup_ifrs-fullCashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:to="label_viennainsurancegroup_ifrs-fullCashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="label_viennainsurancegroup_ifrs-fullIncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CashAndCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013" xlink:to="label_viennainsurancegroup_ifrs-fullCashAndCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="label_viennainsurancegroup_ifrs-fullEffectOfExchangeRateChangesOnCashAndCashEquivalents_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:to="label_viennainsurancegroup_ifrs-fullCashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_PeriodEnd" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_StatementOfCashFlowsTable" xlink:to="label_viennainsurancegroup_StatementOfCashFlowsTable" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_StatementOfCashFlowsLineItems" xlink:to="label_StatementOfCashFlowsLineItems" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_PlannedDepreciationOfTangibleAssetsExcludingRealEstate" xlink:to="label_viennainsurancegroup_viennainsurancegroupPlannedDepreciationOfTangibleAssetsExcludingRealEstate_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_AdjustmentsForGainLossOnDisposalAndDepreciationOfProperty" xlink:to="label_viennainsurancegroup_viennainsurancegroupAdjustmentsForGainLossOnDisposalAndDepreciationOfProperty_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_AdjustmentsForDividendIncome" xlink:to="label_viennainsurancegroup_ifrs-fullAdjustmentsForDividendIncome_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_AdjustedResultForThePeriod" xlink:to="label_viennainsurancegroup_viennainsurancegroupAdjustedResultForThePeriod_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_ChangesInWorkingCapital" xlink:to="label_viennainsurancegroup_viennainsurancegroupChangesInWorkingCapital_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_ChangesInFinancialAssetsIncludingDerivatives" xlink:to="label_viennainsurancegroup_viennainsurancegroupChangesInFinancialAssetsIncludingDerivatives_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_ChangesInFinancialAssetsIncludingDerivatives" xlink:to="label_viennainsurancegroup_viennainsurancegroupChangesInFinancialAssetsIncludingDerivatives_PeriodStart" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_ChangesInContractAssetsAndContractLiabilities" xlink:to="label_viennainsurancegroup_viennainsurancegroupChangesInContractAssetsAndContractLiabilities_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_ChangesInRightOfUseAssetsAndLeaseReceivablesAndLeaseLiabilities" xlink:to="label_viennainsurancegroup_viennainsurancegroupChangesInRightOfUseAssetsAndLeaseReceivablesAndLeaseLiabilities_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_ChangesInReceivablesAndLiabilitiesExclusingLeases" xlink:to="label_viennainsurancegroup_viennainsurancegroupChangesInReceivablesAndLiabilitiesExclusingLeases_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_ChangesInIntangibleAssets" xlink:to="label_viennainsurancegroup_viennainsurancegroupChangesInIntangibleAssets_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_ChangesInProperty" xlink:to="label_viennainsurancegroup_viennainsurancegroupChangesInProperty_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="viennainsurancegroup_ChangesInOtherPositions" xlink:to="label_viennainsurancegroup_viennainsurancegroupChangesInOtherPositions_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="label_viennainsurancegroup_ifrs-fullCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:to="label_viennainsurancegroup_ifrs-fullPurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_PurchaseOfInvestmentProperty" xlink:to="label_viennainsurancegroup_ifrs-fullPurchaseOfInvestmentProperty_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="label_viennainsurancegroup_ifrs-fullPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_RepaymentsOfSubordinatedLiabilities" xlink:to="label_viennainsurancegroup_ifrs-fullRepaymentsOfSubordinatedLiabilities_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:to="label_viennainsurancegroup_ifrs-fullProceedsFromNoncurrentBorrowings_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:to="label_viennainsurancegroup_ifrs-fullRepaymentsOfNoncurrentBorrowings_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="label_viennainsurancegroup_ifrs-fullPaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_DividendsRecognisedAsDistributionsToOwnersPerShare" xlink:to="label_viennainsurancegroup_ifrs-fullDividendsRecognisedAsDistributionsToOwnersPerShare_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <label xlink:label="label_viennainsurancegroup_ifrs-fullInsuranceServiceResult_Verbose" id="viennainsurancegroup_ifrs-fullInsuranceServiceResult_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Versicherungstechnisches Ergebnis</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullInsuranceRevenue_Verbose" id="viennainsurancegroup_ifrs-fullInsuranceRevenue_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Versicherungstechnische Erträge ausgestellter Versicherungsverträge</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullInsuranceServiceExpensesFromInsuranceContractsIssued_Verbose" id="viennainsurancegroup_ifrs-fullInsuranceServiceExpensesFromInsuranceContractsIssued_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Versicherungstechnische Aufwendungen ausgestellter Versicherungsverträge</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullIncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses_Verbose" id="viennainsurancegroup_ifrs-fullIncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Versicherungstechnisches Ergebnis aus gehaltenen Rückversicherungsverträgen</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupTotalCapitalInvestmentResult_Standard" id="viennainsurancegroup_viennainsurancegroupTotalCapitalInvestmentResult_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Gesamtkapitalveranlagungsergebnis</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupCapitalInvestmentResult_Standard" id="viennainsurancegroup_viennainsurancegroupCapitalInvestmentResult_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Kapitalveranlagungsergebnis</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullInterestRevenueCalculatedUsingEffectiveInterestMethod_Verbose" id="viennainsurancegroup_ifrs-fullInterestRevenueCalculatedUsingEffectiveInterestMethod_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Zinserträge nach der Effektivzinsmethode</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullImpairmentLossOnFinancialAssets_Verbose" id="viennainsurancegroup_ifrs-fullImpairmentLossOnFinancialAssets_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Wertminderungen inkl. -aufholungen von Finanzinstrumenten</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullGainLossArisingFromDerecognitionOfFinancialAssetsMeasuredAtAmortisedCost_Verbose" id="viennainsurancegroup_ifrs-fullGainLossArisingFromDerecognitionOfFinancialAssetsMeasuredAtAmortisedCost_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Gewinne und Verluste aus der Ausbuchung von Vermögenswerten bewertet zu AC</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullGainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_Verbose" id="viennainsurancegroup_ifrs-fullGainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Sonstiges Ergebnis aus Finanzinstrumenten</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupIncomeAndExpensesFromInvestmentProperty_Standard" id="viennainsurancegroup_viennainsurancegroupIncomeAndExpensesFromInvestmentProperty_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Erträge und Aufwendungen von Als Finanzinvestition gehaltene Immobilien</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullInsuranceFinanceIncomeExpenses_Verbose" id="viennainsurancegroup_ifrs-fullInsuranceFinanceIncomeExpenses_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Versicherungstechnisches Finanzergebnis</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss_Verbose" id="viennainsurancegroup_ifrs-fullInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Finanzergebnis aus ausgestellten Versicherungsverträgen</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullFinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss_Verbose" id="viennainsurancegroup_ifrs-fullFinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Finanzergebnis aus gehaltenen Rückversicherungsverträgen</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_Verbose" id="viennainsurancegroup_ifrs-fullShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Ergebnis von assoziierten Unternehmen</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullFinanceIncomeCost_Verbose" id="viennainsurancegroup_ifrs-fullFinanceIncomeCost_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Finanzierungsergebnis</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullFinanceIncome_Verbose" id="viennainsurancegroup_ifrs-fullFinanceIncome_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Finanzierungserträge</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullFinanceCosts_Verbose" id="viennainsurancegroup_ifrs-fullFinanceCosts_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Finanzierungsaufwendungen</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullOtherOperatingIncomeExpense_Verbose" id="viennainsurancegroup_ifrs-fullOtherOperatingIncomeExpense_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Andere Erträge und Aufwendungen</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullOtherIncome_Verbose" id="viennainsurancegroup_ifrs-fullOtherIncome_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Andere Erträge</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullMiscellaneousOtherOperatingExpense_Verbose" id="viennainsurancegroup_ifrs-fullMiscellaneousOtherOperatingExpense_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Andere Aufwendungen</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupBusinessOperatingResult_Standard" id="viennainsurancegroup_viennainsurancegroupBusinessOperatingResult_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Operatives Gruppenergebnis</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupBusinessOperatingResult_Verbose" id="viennainsurancegroup_viennainsurancegroupBusinessOperatingResult_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Operatives Gruppenergebnis</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullImpairmentLossRecognisedInProfitOrLossGoodwill_Verbose" id="viennainsurancegroup_ifrs-fullImpairmentLossRecognisedInProfitOrLossGoodwill_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Wertminderungen Geschäfts- oder Firmenwerte</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill_Verbose" id="viennainsurancegroup_ifrs-fullImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Wertminderungen Immaterielle Vermögenswerte</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullReversalOfImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill_Verbose" id="viennainsurancegroup_ifrs-fullReversalOfImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Rückführung Wertminderungen Immaterielle Vermögenswerte</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullProfitLossBeforeTax_Verbose" id="viennainsurancegroup_ifrs-fullProfitLossBeforeTax_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Ergebnis vor Steuern</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullIncomeTaxExpenseContinuingOperations_Verbose" id="viennainsurancegroup_ifrs-fullIncomeTaxExpenseContinuingOperations_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Steuern</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullProfitLoss_Verbose" id="viennainsurancegroup_ifrs-fullProfitLoss_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Periodenergebnis</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullProfitLossAttributableToOwnersOfParent_Verbose" id="viennainsurancegroup_ifrs-fullProfitLossAttributableToOwnersOfParent_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Anteilsinhabenden und anderen Kapitalgebenden der Muttergesellschaft zuordenbar</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullProfitLossAttributableToNoncontrollingInterests_Verbose" id="viennainsurancegroup_ifrs-fullProfitLossAttributableToNoncontrollingInterests_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Nicht beherrschende Anteile</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullBasicEarningsLossPerShare_Verbose" id="viennainsurancegroup_ifrs-fullBasicEarningsLossPerShare_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Ergebnis je Aktie* (in EUR)</label>
    <label xlink:label="label_viennainsurancegroup_StatementOfComprehensiveIncomeTable" id="viennainsurancegroup_StatementOfComprehensiveIncomeTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">KONZERNGESAMTERGEBNISRECHNUNG [table]</label>
    <label xlink:label="label_StatementOfComprehensiveIncomeLineItems" id="StatementOfComprehensiveIncomeLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">KONZERNGESAMTERGEBNISRECHNUNG [line items]</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax_Verbose" id="viennainsurancegroup_ifrs-fullShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Anteilige Übrige Rücklagen von Beteiligungsunternehmen (Equity-Methode)</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_Verbose" id="viennainsurancegroup_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">In Folgeperioden in die Gewinn- und Verlustrechnung umgliederbare Beträge</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullOtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_Verbose" id="viennainsurancegroup_ifrs-fullOtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Nicht realisierte Gewinne und Verluste gem. IFRS 17</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax_Verbose" id="viennainsurancegroup_ifrs-fullShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Anteilige Übrige Rücklagen assoziierter Unternehmen</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullIncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_Verbose" id="viennainsurancegroup_ifrs-fullIncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Latente Steuern</label>
    <label xlink:label="label_viennainsurancegroup_StatementOfFinancialPositionTable" id="viennainsurancegroup_StatementOfFinancialPositionTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">KONZERNBILANZ [table]</label>
    <label xlink:label="label_StatementOfFinancialPositionLineItems" id="StatementOfFinancialPositionLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">KONZERNBILANZ [line items]</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupReceivables_Standard" id="viennainsurancegroup_viennainsurancegroupReceivables_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Forderungen</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupShareCapitalAndReserves_Standard" id="viennainsurancegroup_viennainsurancegroupShareCapitalAndReserves_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Gezeichnetes Kapital und Kapitalrücklagen</label>
    <label xlink:label="label_viennainsurancegroup_HybridcapitalMember" id="viennainsurancegroup_HybridcapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Hybridcapital [member]</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullEquity_Verbose" id="viennainsurancegroup_ifrs-fullEquity_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">IAS 8-Fehlerkorrektur</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupChangesInScopeOfConsolidationOwnershipInterests_Standard" id="viennainsurancegroup_viennainsurancegroupChangesInScopeOfConsolidationOwnershipInterests_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Veränderungen Konsolidierungskreis/Kapitalanteile</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupChangesInScopeOfConsolidationOwnershipInterests_Verbose" id="viennainsurancegroup_viennainsurancegroupChangesInScopeOfConsolidationOwnershipInterests_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Veränderungen Konsolidierungskreis/Kapitalanteile</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullIncreaseDecreaseThroughAppropriationOfRetainedEarnings_Verbose" id="viennainsurancegroup_ifrs-fullIncreaseDecreaseThroughAppropriationOfRetainedEarnings_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Umgliederung vom Sonstigen Ergebnis in Gewinnrücklagen</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullComprehensiveIncome_Verbose" id="viennainsurancegroup_ifrs-fullComprehensiveIncome_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Gesamtergebnis</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupOtherComprehensiveIncomeExcludingCurrencyChanges_Standard" id="viennainsurancegroup_viennainsurancegroupOtherComprehensiveIncomeExcludingCurrencyChanges_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Sonstiges Ergebnis exklusive Währungsänderungen</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupOtherComprehensiveIncomeExcludingCurrencyChanges_Verbose" id="viennainsurancegroup_viennainsurancegroupOtherComprehensiveIncomeExcludingCurrencyChanges_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Sonstiges Ergebnis exklusive Währungsänderungen</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupIAS29Effect_Standard" id="viennainsurancegroup_viennainsurancegroupIAS29Effect_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">IAS 29-Effekte</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupIAS29Effect_Verbose" id="viennainsurancegroup_viennainsurancegroupIAS29Effect_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">IAS 29-Effekte</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupGainsLossesOnExchangeDifferencesWithoutIas29Effect_Standard" id="viennainsurancegroup_viennainsurancegroupGainsLossesOnExchangeDifferencesWithoutIas29Effect_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Währungsänderungen</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupGainsLossesOnExchangeDifferencesWithoutIas29Effect_Verbose" id="viennainsurancegroup_viennainsurancegroupGainsLossesOnExchangeDifferencesWithoutIas29Effect_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Währungsänderungen</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullDividendsPaid_Verbose" id="viennainsurancegroup_ifrs-fullDividendsPaid_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Dividendenzahlung</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullCashAndCashEquivalents_Verbose" id="viennainsurancegroup_ifrs-fullCashAndCashEquivalents_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Stand der Finanzmittel am Anfang der Berichtsperiode</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullCashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale_Verbose" id="viennainsurancegroup_ifrs-fullCashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Zahlungsmittel und Zahlungsmitteläquivalente von zur Veräußerung gehaltenen Veräußerungsgruppen</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullCashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_Verbose" id="viennainsurancegroup_ifrs-fullCashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Stand der Finanzmittel am Ende der Berichtsperiode</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullIncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_Verbose" id="viennainsurancegroup_ifrs-fullIncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Veränderung der Finanzmittel</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullCashAndCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013_Verbose" id="viennainsurancegroup_ifrs-fullCashAndCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Veränderungen Konsolidierungskreis</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullEffectOfExchangeRateChangesOnCashAndCashEquivalents_Verbose" id="viennainsurancegroup_ifrs-fullEffectOfExchangeRateChangesOnCashAndCashEquivalents_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Währungsänderungen innerhalb der Finanzmittel</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullCashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_PeriodEnd" id="viennainsurancegroup_ifrs-fullCashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_PeriodEnd" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="de">Stand der Finanzmittel am Ende der Berichtsperiode</label>
    <label xlink:label="label_viennainsurancegroup_StatementOfCashFlowsTable" id="viennainsurancegroup_StatementOfCashFlowsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">KONZERNKAPITALFLUSSRECHNUNG [table]</label>
    <label xlink:label="label_StatementOfCashFlowsLineItems" id="StatementOfCashFlowsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">KONZERNKAPITALFLUSSRECHNUNG [line items]</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupPlannedDepreciationOfTangibleAssetsExcludingRealEstate_Standard" id="viennainsurancegroup_viennainsurancegroupPlannedDepreciationOfTangibleAssetsExcludingRealEstate_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Planmäßige Abschreibungen von Sachanlagen (exkl. Immobilien)</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupAdjustmentsForGainLossOnDisposalAndDepreciationOfProperty_Standard" id="viennainsurancegroup_viennainsurancegroupAdjustmentsForGainLossOnDisposalAndDepreciationOfProperty_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Ergebnis aus dem Abgang sowie Abschreibungen von Immobilien</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullAdjustmentsForDividendIncome_Verbose" id="viennainsurancegroup_ifrs-fullAdjustmentsForDividendIncome_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Im Periodenergebnis beinhaltete erhaltene Dividenden</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupAdjustedResultForThePeriod_Standard" id="viennainsurancegroup_viennainsurancegroupAdjustedResultForThePeriod_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Angepasstes Periodenergebnis</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupChangesInWorkingCapital_Standard" id="viennainsurancegroup_viennainsurancegroupChangesInWorkingCapital_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Veränderungen in:</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupChangesInFinancialAssetsIncludingDerivatives_Standard" id="viennainsurancegroup_viennainsurancegroupChangesInFinancialAssetsIncludingDerivatives_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Finanzielle Vermögenswerte inkl. Derivate</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupChangesInFinancialAssetsIncludingDerivatives_PeriodStart" id="viennainsurancegroup_viennainsurancegroupChangesInFinancialAssetsIncludingDerivatives_PeriodStart" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="de">Finanzielle Vermögenswerte inkl. Derivate</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupChangesInContractAssetsAndContractLiabilities_Standard" id="viennainsurancegroup_viennainsurancegroupChangesInContractAssetsAndContractLiabilities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Anpassungen für Vertragsvermögenswerte und -verbindlichkeiten aus Verträgen mit Kunden (IFRS 15)</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupChangesInRightOfUseAssetsAndLeaseReceivablesAndLeaseLiabilities_Standard" id="viennainsurancegroup_viennainsurancegroupChangesInRightOfUseAssetsAndLeaseReceivablesAndLeaseLiabilities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Anpassungen für Nutzungsrechte und Leasingforderungen sowie -verbindlichkeiten</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupChangesInReceivablesAndLiabilitiesExclusingLeases_Standard" id="viennainsurancegroup_viennainsurancegroupChangesInReceivablesAndLiabilitiesExclusingLeases_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Anpassungen für Forderungen und Verbindlichkeiten (exkl. Leasing)</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupChangesInIntangibleAssets_Standard" id="viennainsurancegroup_viennainsurancegroupChangesInIntangibleAssets_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Anpassungen für Immaterielle Vermögenswerte</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupChangesInProperty_Standard" id="viennainsurancegroup_viennainsurancegroupChangesInProperty_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Anpassungen für Immobilien</label>
    <label xlink:label="label_viennainsurancegroup_viennainsurancegroupChangesInOtherPositions_Standard" id="viennainsurancegroup_viennainsurancegroupChangesInOtherPositions_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Anpassungen für Sonstige Bilanzposten (Übrige Aktiva, Sachanlagen (exkl. Immobilien) und Übrige Passiva)</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_Verbose" id="viennainsurancegroup_ifrs-fullCashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Auszahlungen aus dem Erwerb von Tochterunternehmen</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullPurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_Verbose" id="viennainsurancegroup_ifrs-fullPurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Auszahlungen aus dem Erwerb von Finanzinstrumenten</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullPurchaseOfInvestmentProperty_Verbose" id="viennainsurancegroup_ifrs-fullPurchaseOfInvestmentProperty_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Auszahlungen aus dem Erwerb von Immobilien</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_Verbose" id="viennainsurancegroup_ifrs-fullPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Auszahlungen aus dem Erwerb von Immaterielle Vermögenswerte</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullRepaymentsOfSubordinatedLiabilities_Verbose" id="viennainsurancegroup_ifrs-fullRepaymentsOfSubordinatedLiabilities_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Auszahlungen aus Nachrangige Verbindlichkeiten</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullProceedsFromNoncurrentBorrowings_Verbose" id="viennainsurancegroup_ifrs-fullProceedsFromNoncurrentBorrowings_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Einzahlungen aus Finanzielle Verbindlichkeiten exkl. Nachrangige Verbindlichkeiten und Leasingverbindlichkeiten</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullRepaymentsOfNoncurrentBorrowings_Verbose" id="viennainsurancegroup_ifrs-fullRepaymentsOfNoncurrentBorrowings_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Auszahlungen aus Finanzielle Verbindlichkeiten exkl. Nachrangige Verbindlichkeiten und Leasingverbindlichkeiten</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullPaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_Verbose" id="viennainsurancegroup_ifrs-fullPaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Auszahlungen aus Leasingverbindlichkeiten</label>
    <label xlink:label="label_viennainsurancegroup_ifrs-fullDividendsRecognisedAsDistributionsToOwnersPerShare_Verbose" id="viennainsurancegroup_ifrs-fullDividendsRecognisedAsDistributionsToOwnersPerShare_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="de">Stammaktien</label>
  </labelLink>
</linkbase>