German re

German re
legal form	Corporation
founding	1951
Seat	Dusseldorf , Germany
management	Frank Schaar (Chairman); Achim Bosch; Michael Rohde;
Number of employees	149
sales	1,107 million euros ; (gross premiums, 2019)
Branch	reinsurance
Website	deutscherueck.de
	As of December 31, 2019

The German rear , more German reinsurance corporation , is an on reinsurance specialized insurance company based in Dusseldorf .

history

Deutsche Rückversicherung AG was founded in August 1951 in Bernkastel-Kues . In January 1952 she started business. The company was based in Hamburg and Berlin. In 1989, Deutsche Rück moved to Düsseldorf and formed an organizational and administrative community with the associations of public insurers (today the Association of Public Insurers ). The subsidiary Deutsche Rückversicherung Schweiz AG (DR Swiss) was founded in September 2000. In January 2001, the Zurich-based company started business. Deutsche Rück has been a partner in Extremus Versicherung , a German specialist insurer for major losses caused by terrorism , since 2002 . In 2004, Deutsche Rück, including its subsidiary DR Swiss, received an “A +” rating from Standard & Poor's . The company received this rating result in the following years.

Deutsche Rück is mainly represented in Germany, Austria and Switzerland. It also serves other countries in the European market. In addition to the head office in Düsseldorf , the company also has a subsidiary in Zurich .

organization

Deutsche Rück serves both the life and the non-life segments (Life & Health / Property & Casualty), with the non-life business making up the majority of the premium income.

numbers

In the 2019 financial year, the Deutsche Rück Group received gross premiums of EUR 1,107 million (written premiums). On average for 2019, the consolidated companies - based on full-time employment - employed 149 people. Deutsche Rück achieved a result from normal business activities (EGT) of EUR 25.0 million and an annual profit (after taxes) of EUR 13.5 million.

The following table lists the gross premiums written by the Deutsche Rück Group for the financial years from 2001 onwards:

year	Posted contributions - gross (€ million)
2001	538.4
2002	638.8
2003	795.5
2004	894.4
2005	912.9

year	Posted contributions - gross (€ million)
2006	982.2
2007	1,019.1
2008	1,016.1
2009	1,007.8
2010	919.9

year	Posted contributions - gross (€ million)
2011	902.4
2012	968.5
2013	994.5
2014	1,038.3
2015	1,077.4

year	Posted contributions - gross (€ million)
2016	1,175.0
2017	1,201.6
2018	1,108.4
2019	1,107.9

Web links

German reinsurance
Annual reports and other Deutsche Rück brochures as PDF downloads
Deutsche Rück in the company database of BaFin
Early documents and newspaper articles on Deutsche Rück in the 20th Century press kit of the ZBW - Leibniz Information Center for Economics .

Individual evidence

↑ ^a ^b ^c ^d Annual Report 2019. Accessed June 19, 2020 .
↑ 16 German insurers founded the specialty insurer EXTREMUS in 2002. Retrieved January 17, 2019 .
↑ Source: Figures 2014 to 2016 from the 2016 annual report, figures 2009 to 2013 from the 2013 annual report, figures 2004 to 2008 from the 2008 annual report; older figures from the 2005 annual report.

[GB2019-1] Annual Report 2019. Accessed June 19, 2020 .

[2] 16 German insurers founded the specialty insurer EXTREMUS in 2002. Retrieved January 17, 2019 .

[3] Source: Figures 2014 to 2016 from the 2016 annual report, figures 2009 to 2013 from the 2013 annual report, figures 2004 to 2008 from the 2008 annual report; older figures from the 2005 annual report.