14.09.2023 Deutsche Familienversicherung with strong operating result Insurance revenue growth of 8% Operating result (Insurance Service Result) increases by 52% to EUR 2.8 million Group profit before taxes of EUR… Weiterlesen
- Insurance revenue growth of 8%
- Operating result (Insurance Service Result) increases by 52% to
EUR 2.8 million - Group profit before taxes of
EUR 1.7 million - Highest product quality: test wins and awards
- Very good ESG rating, "clearly above industry average"
- Guidance for 2023 confirmed: Profitable growth continues
Die
"Through consistent cost management and the targeted use of sales expenses, Deutsche Familienversicherung has succeeded in generating a positive operating result in the first six months of the 2023 financial year, which is significantly higher than last year. This confirms the annual targets and the profitability goals for the following years," comments Dr
Positive growth via digital distribution channels
In the first six months of 2023, Deutsche Familienversicherung was once again able to generate further growth in its primary insurance business. In the new business of the first six months of 2023, the digital sales channels proved to be robust and efficient, flanked by innovative marketing initiatives including product-related television advertising.
Insurance revenue, a new measure introduced under IFRS 17, increased by 8 % compared to the first half of last year. The supplementary health (+5 %) and property and casualty insurance (+ 25 %) lines of business contributed to this growth. The active reinsurance business newly started in 2021 will be continued profitably.
Positive earnings development according to plan
The insurance service result as an operating result under IFRS 17 increased by
Deutsche Familienversicherung closes the first half of 2023 with a pre-tax profit of
Highest product quality brings further test wins and awards
In the reporting period, the company again received numerous awards and test victories for its products and customer service. This underlines the direct insurer's high standards and position as quality market leader within the German insurance industry.
The Stiftung Warentest test win in the product area of private liability insurance deserves a special mention. For the second time in a row, the tariff of the
In addition, the company received the highest rating of 5 stars in a recent rating by the insurance analysis company
Social media marketing with high reach
With a strategic mix of infotainment and product communication, the company's in-house marketing has already managed to reach over 100,000 followers in just 18 months of presence on
The
Confirmation of the guidance for 2023
Deutsche Familienversicherung will continue its growth course in the second half of 2023 with consistent cost management and is sticking to its new business target of
Deutsche Familienversicherung with strong operating result [PDF]
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