Press releases 2013 and 2012 – business segment “Property-Casualty Insurance”
Top marks for new household contents insurance from ERGO
Short news 4 February 2013
The new ERGO household contents insurance has already impressed the experts: the independent German insurance analysis agency Franke und Bornberg has given the household contents insurance from ERGO its top FFF (“outstanding”) rating.
Adequate cover for valuables in safe deposit boxes and safes
Press release 24 January 2013
Since the beginning of the financial crisis, demand for safe deposit boxes and safes has increased significantly. In times of insecurity, people place their trust mainly in tangible assets such as jewellery, gold and valuable documents. They need to be deposited safely and adequately insured.
Weather-related claims in Germany in 2012: sharp increase in frost-related damages
Press release 15 January 2013
2012 was a relatively quiet year in Germany: the most severe damages resulted from the harsh frost at the beginning of last year. On the whole, however, weather-related damages stabilised to a normal level. A trend experienced in previous years was therefore not continued in 2012, namely the increase of regional storms and the shifting of weather phenomena across individual seasons.
New ERGO home contents insurance: cover in every situation
Press release 2 January 2013
ERGO Insurance now offers a modern policy geared towards an individual lifestyle to cover the much-loved possessions in your home. Besides many new features, this insurance focuses on the customer's particular requirements. Our modular system means that the policy can be adapted to meet individual needs. One of the benefits included in the policy is the insurance of individual belongings, i.e. comprehensive cover for your favourite item.
ERGO no longer offers ROP and passenger cover in accident insurance
Press release 10 September 2012
To reinforce our claim “To insure is to understand”, property-casualty insurer ERGO Versicherung AG no longer offers return of premium (ROP) and passenger cover in accident insurance. In the future ERGO will focus on risk and driver accident cover. This restructuring is in line with customer demand for clear and simple products.
Property-casualty insurer ERGO Versicherung AG opens branch office in Austria
Short news 6 August 2012
ERGO Versicherung AG is very well positioned within German industrial insurance. In order to further expand its market share, the ERGO company has put the focus on industrial markets elsewhere in Europe, with a new branch office now open in Vienna.
Storm damage – a case for insurance
Press release 2. July 2012
Raging storms, including gale-force winds, hail and torrential rain, caused considerable damage to parts of Germany last weekend. Four women were killed and countless others injured as a result of the extreme weather.
ERGO Insurance: growth in commercial and industrial business
Press release 31 May 2012
With the publication of its Annual Report, property-casualty insurer ERGO Versicherung AG is able to look back on a successful 2011 financial year. Business expansion was driven primarily by the commercial and industrial segments as well as by premium growth for motor insurance. Gross premium income rose by 2.6 percent to 2.7 (2.6) billion euros. Despite a large number of weather-related events and the resultant higher claims expenditure, the (net) combined ratio stood at a very good level of 94.3 percent.
2011: regional cases of extreme weather on the increase in Germany
Press release 22 February 2012
2011 was the stormiest year in Germany in the last 40 years, and major losses were caused by Achim, Bert and Frank. A recurring trend over the past few years is becoming evident, namely the increase of regional storms and the shifting of weather phenomena across individual seasons. This trend is also having an impact on the insurance industry.
Storm damage – a case for insurance
Presse release 4 January 2012
“Ulli” is the latest storm to hit north and west Germany, with fire rescue teams being kept busy through Tuesday night as toppled trees blocked roads and railway lines in many areas, tiles tumbled from roofs, parts of house fronts fell off and forests had to be closed off. Another heavy storm “Andrea” is expected on Thursday. Gale-force winds and heavy rain can cause extensive damage to buildings, goods and vehicles. Which insurance covers the damage?