ERGO life insurers increase profit participation for 2024

ERGO remains a dependable and financially solid partner for its customers

Media Information, 27.11.2023

ERGO Vorsorge, ERGO Group’s life insurance provider, is increasing the total profit participation for 2024. ERGO Leben and Victoria Leben, the two companies responsible for traditional life insurance products, will also be increasing their total profit participation compared with last year.

ERGO Tower in Düsseldorf 

“The sustained improvement in the general level of interest rates and the increase in key interest rates since spring of this year set a stable framework for increasing the profit participation of ERGO Vorsorge Lebensversicherung in 2024”, states Michael Fauser, CEO of ERGO Vorsorge Lebensversicherung AG, and emphasises: “ERGO is and remains a dependable and financially solid partner for its customers. This is once again underlined by ERGO Vorsorge’s excellent solvency ratio of 606% without transitional measures and its best ever – and recently confirmed – credit rating of AA from the Assekurata rating agency.”

The profit participation in detail:

ERGO Vorsorge Leben: The total profit participation of ERGO Vorsorge Lebensversicherung is being significantly increased and will go up by 0.6 percentage points to 4.1% in 2024. The participation rates of our index products will also increase significantly as a result.

ERGO Leben: ERGO Lebensversicherung will be increasing its total profit participation by 0.4 percentage points to altogether 2.5% in 2024.

Victoria Leben: In the coming year, Victoria Leben’s total profit participation will also increase by 0.4 percentage points to 2.5%.

Sustainable investment strategy
At its life insurance companies, ERGO continues to follow an optimal investment strategy that is tailored to the respective business model, in order to ensure an attractive return in the long term through sufficiently high current income. As part of this strategy, ERGO is expanding its commitment to sustainable infrastructure financing in segments such as wind power, district heating and rail networks, and also in real estate financing. ERGO Vorsorge Leben is also making increased use of the return opportunities on the equity markets.

For further information, please contact:

Jan Fulle

Media Relations

Tel +49 211 477-8518

About ERGO Group AG

ERGO is one of the major insurance groups in Germany and Europe. The Group is represented in over 25 countries worldwide, with a focus on Europe and Asia. Four separate units operate under the umbrella of ERGO Group AG: ERGO Deutschland AG, ERGO International AG, ERGO Digital Ventures AG and ERGO Technology & Services Management AG. The German, international, direct and digital businesses as well as the global management of IT and technology services are organized in these units. About 38,700 people work either as salaried employees or as full-time self-employed sales representatives for the Group. In 2022, ERGO recorded a total premium income of over 20 billion euros and rendered benefits to customers (net) of around 15 billion euros. ERGO is part of Munich Re, one of the world's leading reinsurers and risk carriers. More at



This media information contains forward-looking statements that are based on current assumptions and forecasts of the management of ERGO Group. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forwardlooking statements or to conform them to future events or developments.

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