{"id":856949,"date":"2025-06-20T22:12:09","date_gmt":"2025-06-21T03:12:09","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/20\/deutsche-ruck-group-maintains-profit-oriented-growth-course\/"},"modified":"2025-06-20T22:12:09","modified_gmt":"2025-06-21T03:12:09","slug":"deutsche-ruck-group-maintains-profit-oriented-growth-course","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/20\/deutsche-ruck-group-maintains-profit-oriented-growth-course\/","title":{"rendered":"Deutsche R\u00fcck Group maintains profit-oriented growth course"},"content":{"rendered":"
\n

D\u00fcsseldorf, 21 May 2025 \u2013 The Deutsche R\u00fcck Group further expanded its business in the 2024 financial year while simultaneously strengthening its financial position. Gross premiums written grew in all business areas, rising significantly by 18.3% to around \u20ac2.1 billion. Net premiums earned increased by 17.5% to \u20ac1.4 billion. Growth came from both international markets and the German domestic market. Total security resources rose by \u20ac375.8 million to more than \u20ac3.1 billion.<\/strong><\/p>\n

The highest premium increases came from the liability, accident and motor insurance business and the other lines of insurance. In the liability, accident and motor insurance lines, the second-largest segment of Deutsche R\u00fcck’s portfolio, gross premiums rose by 23.9% to \u20ac485.8 million. Gross premium income in property insurance, which accounts for more than two-thirds of Deutsche R\u00fcck Group’s gross premiums, also grew strongly by 16.5% to \u20ac1.4 billion.<\/p>\n

In life business, the Deutsche R\u00fcck Group recorded a 9.7% increase in gross premiums to \u20ac84.2 million. In the 2024 financial year, the Deutsche R\u00fcck Group expanded its life and health reinsurance business to the markets of the Middle East and North Africa. <\/p>\n

\u201cWe grew strongly and profitably in all business areas in 2024,\u201d says Frank Schaar, Chief Executive Officer of the Deutsche R\u00fcck Group. \u201cOur strategy of gradually and purposefully internationalising our business over the recent years is paying off.\u201d<\/p>\n

The Group generated investment income of \u20ac74.8 million and achieved a net profit after taxes of \u20ac14.5 million (previous year: \u20ac12.0 million).<\/p>\n

Deutsche R\u00fcckversicherung AG and its subsidiary Deutsche R\u00fcckversicherung Switzerland Ltd offer reinsurance cover on the European insurance market and selected international markets. Thanks to outstanding long-term credit ratings and consistent market performance, the Group companies are much sought-after and well-established in Germany as one of the leading reinsurers. <\/p>\n

Contact:<\/p>\n

Jan Stepic
Spokesperson international media
Corporate Communications<\/p>\n

Phone: +49 211 4554-334
Mobile: +49 1515 6238811
ja********<\/span>@***********<\/span>ck.de<\/span>
www.deutscherueck.de<\/p>\n<\/p><\/div>\n

Press release distributed by Pressat on behalf of news aktuell, on Wednesday 21 May, 2025. For more information subscribe<\/a> and follow https:\/\/pressat.co.uk\/<\/a><\/p>\n

Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

D\u00fcsseldorf, 21 May 2025 \u2013 The Deutsche R\u00fcck Group further expanded its business in the 2024 financial year while simultaneously strengthening its financial position. Gross premiums written grew in all business areas, rising significantly by 18.3% to around \u20ac2.1 billion. Net premiums earned increased by 17.5% to \u20ac1.4 billion. Growth came from both international markets<\/p>\n","protected":false},"author":1,"featured_media":856950,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74,144753],"tags":[5490,144752],"class_list":{"0":"post-856949","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-deutsche","8":"category-ruck","9":"tag-deutsche","10":"tag-ruck"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/856949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=856949"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/856949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/856950"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=856949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=856949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=856949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}