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Facts and figures

ERGO is part of Munich Re, one of the world's leading reinsurers and risk carriers. Within the Group, ERGO is the primary insurance specialist, providing direct cover to private and business clients at home and abroad. In its home market of Germany, ERGO ranks among the leading providers across all segments.

ERGO not only stands for a comprehensive range of products and services, but also for excellent financial stability and security.

Find out more about the key figures, ratings and history as well as the reports of the ERGO Group.

Reporting

Our annual reports

Since 2015, you have been able to find reports on the business performance of ERGO Group AG* in the Annual Report of our parent company Munich Re. Annual Reports from previous years can be ordered.

Annual report Munich Re

Annual report 2024 (German)

1 MB

ERGO Vorsorge Lebensversicherung AG

Annual report 2023 (German)

1 MB

ERGO Vorsorge Lebensversicherung AG

Annual report 2022 (German)

4 MB

ERGO Vorsorge Lebensversicherung AG

Annual report 2021 (German)

4 MB

ERGO Vorsorge Lebensversicherung AG

Annual report 2020 (German)

3 MB

ERGO Vorsorge Lebensversicherung AG

Annual report 2024 (German)

1 MB

ERGO Lebensversicherung AG

Annual report 2023 (German)

1 MB

ERGO Lebensversicherung AG

Annual report 2022 (German)

1 MB

ERGO Lebensversicherung AG

Annual report 2021 (German)

1 MB

ERGO Lebensversicherung AG

Annual report 2020 (German)

2 MB

ERGO Lebensversicherung AG

Annual report 2024 (German)

1 MB

ERGO Versicherung AG

Annual report 2023 (German)

796 KB

ERGO Versicherung AG

Annual report 2022 (German)

1 MB

ERGO Versicherung AG

Annual report 2021 (German)

1 MB

ERGO Versicherung AG

Annual report 2020 (German)

1 MB

ERGO Versicherung AG

Annual report 2024 (German)

960 KB

ERGO Pensionfonds AG

Annual report 2023 (German)

511 KB

ERGO Pensionfonds AG

Annual report 2022 (German)

1 MB

ERGO Pensionfonds AG

Annual report 2021 (German)

1 MB

ERGO Pensionfonds AG

Annual report 2020 (German)

827 KB

ERGO Pensionfonds AG

Annual report 2024 (German)

6 MB

ERGO Direkt Versicherung AG

Annual report 2023 (German)

1 MB

ERGO Direkt Versicherung AG

Annual report 2022 (German)

2 MB

ERGO Direkt Versicherung AG

Annual report 2021 (German)

754 KB

ERGO Direkt Versicherung AG

Annual report 2020 (German)

2 MB

ERGO Direkt Versicherung AG

Annual report 2024 (German)

6 MB

ERGO Krankenversicherung AG

Annual report 2023 (German)

1 MB

ERGO Krankenversicherung AG

Annual report 2022 (German)

2 MB

ERGO Krankenversicherung AG

Annual report 2021 (German)

799 KB

ERGO Krankenversicherung AG

Annual report 2020 (German)

2 MB

ERGO Krankenversicherung AG

Annual report 2024 (German)

688 KB

DKV Deutsche Krankenversicherung AG

Annual report 2023 (German)

679 KB

DKV Deutsche Krankenversicherung AG

You can find older annual reports on the DKV website (German).

Annual report 2024 (German)

4 MB

nexible Versicherung AG

Annual report 2023 (German)

690 KB

nexible Versicherung AG

Annual report 2022 (German)

843 KB

nexible Versicherung

Annual report 2021 (German)

831 KB

nexible Versicherung

Annual report 2020 (German)

909 KB

nexible Versicherung

The business activities of Victoria Lebensversicherung will be merged with those of ERGO Lebensversicherung retroactively to 1 January 2025 (merger). From the 2025 financial year onwards, it will no longer be necessary to prepare an annual report for Victoria Lebensversicherung.

The annual reports of our foreign subsidiaries can be found on the local websites.

Overview ERGO International

The annual reports for the last five financial years are available to download from our website as PDF files. If you require older reports, we will be happy to send you a PDF copy within the statutory retention period. Please send us an e-mail if you need one.

E-mail Investor Relations

At a glance

Key figures

The ERGO Group's key figures at a glance, by business fields.

Overview
Insurance revenue by business fields

The key figures of the ERGO Group at a glance

	2024	2023	Change on previous year (%)
Insurance revenue¹(Mio €)	20.796	20.098	3,5
Insurance service expenses^1,4(Mio €)	18.585	17.845	4,1
Investment result(Mio €)	4.018	2.942	36,6
Operating result⁴ (Mio €)	1.042	963	8,2
Net result⁴ (Mio €)	810	721	12,4
Investments²(Mio €)	138.134	136.355	1,3
Contractual Service Margin (Mio €)	12.828	12.784	0,4
Registered representatives	8.895	12.483	-28,7
Salaried employees	27.957	26.178	6,8

Insurance revenue¹ by business fields

(Fully consolidated Group values)

	2024	2023	Change previous year (%)
Life Germany (Mio €)	2.873	2.898	-0,8
Health Germany (incl. Travel)³(Mio €)	7.216	6.118	18,0
Property-casualty Germany(Mio €)	4.661	4.539	2,7
Digital Ventures (Mio €)	-	926
International (Mio €)	6.045	5.618	7,6
Total (Mio €)	20.796	20.098	3,5

¹ From insurance contracts issued.
² Including investments for unit-linked life insurance.
³ At the beginning of 2024, the Digital Ventures business unit was transferred to the Health Germany business unit.
⁴ Figures for 2024 are adjusted due to an accounting policy change for recognition of acquisition costs in the segment ERGO Germany.

Contractual Service Margin:
The contractual service margin largely represents the gain from a group of long-term life and health insurance contracts that has not yet been recognised through profit or loss because it relates to services to be provided in the future. This unrealised gain is reported as an insurance liability in the balance sheet.

Excellent financial strength

Ratings

The excellent financial strength of the ERGO Group is also confirmed by the ratings of independent rating agencies.

Company	A.M. Best	Fitch	S&P	ASSEKURATA
ERGO Group AG		AA-	A+
DKV Deutsche Krankenversicherung AG		AA
ERGO Insurance Pte. Ltd.	A+
ERGO Versicherung AG			AA
ERGO Vorsorge Lebensversicherung AG		AA		AA
ERGO Forsikring A/S		A+
Next Insurance US Company	A+
Sopockie Towarzystwo Ubezpieczeń ERGO Hestia SA		AA

„+“ and „-“ mark the position of the rating in the main rating category.

Important developments

History of the ERGO Group

ERGO is a young insurance group with roots that go back a long way. It was formed in 1997/1998 by the merger of experienced German insurers.

D.A.S., DKV, Hamburg-Mannheimer and Victoria merge to establish the ERGO Insurance Group

Group asset manager MEAG and IT services provider ITERGO are set up

Munich Re will be the sole owner of the group.

Integration of travel insurer ERV and Austrian BA-CA Insurance

KarstadtQuelle Versicherungen is renamed ERGO Direkt Lebensversicherung AG.

The Hamburg-Mannheimer and Victoria brands are being subsumed under the ERGO brand.

German D.A.S. Company merged into ERGO Versicherung, brand D.A.S. maintained.

New group structure and renaming as ERGO Group AG. Creation of three new subordinate holding companies: ERGO Deutschland AG combines business in Germany, ERGO International AG manages international business within the group and ERGO Digital Ventures AG is responsible in particular for digitalisation.

Creation of a fourth, subordinate holding company, ERGO Technology & Services Management AG, which acts as a global technology and service provider for the entire ERGO Group AG.

Since the beginning of 2024, a newly created board division within the ERGO Group has been responsible for ERGO's digital transformation. ERGO Deutschland AG is responsible for managing the operational business that was previously the responsibility of ERGO Digital Ventures AG.

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Transparency

EU Disclosure Regulation at ERGO

Transparency regarding the sustainability aspects of our products, the underlying investment decision-making processes and also in the context of investment and insurance advice is of particular concern to us. In accordance with the EU Disclosure Regulation, we have summarised all the necessary information for our customers.

Read more

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