Group Annual Report 2025

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Financial performance indicators

The key financial performance indicators that form the basis for assessing the business development are presented below. All disclosures are based on IFRS figures. Due to a lack of data availability, market data relates to the gross written premiums in the respective period.

Abbreviated consolidated income statement

 

2025

2024 adjusted

∆ in %

∆ absolute

in EUR million

 

 

 

 

Insurance service result

1,518.4

1,186.4

28.0%

332.1

Insurance service revenue ‑ issued business

13,196.0

12,138.5

8.7%

1,057.5

Insurance service expenses ‑ issued business

-11,451.3

-10,656.8

7.5%

-794.5

Insurance service result ‑ reinsurance held

-226.3

-295.3

-23.4%

69.0

Total capital investment result

489.4

435.6

12.3%

53.8

Investment result

2,398.0

1,884.0

27.3%

514.0

Income and expenses from investment property

46.8

60.6

-22.7%

-13.8

Insurance finance result

-1,982.6

-1,536.0

29.1%

-446.5

Result from associates (equity-method)

27.1

27.0

0.4%

0.1

Finance result

-82.5

-78.8

4.7%

-3.7

Other income and expenses

-667.6

-545.0

22.5%

-122.7

Business operating result

1,257.7

998.2

26.0%

259.4

Adjustments*

-96.3

-116.4

-17.2%

20.1

Result before taxes

1,161.3

881.8

31.7%

279.5

Taxes

-303.0

-234.3

29.3%

-68.7

Result for the period

858.3

647.6

32.5%

210.8

Non-controlling interests in net result for the period

23.5

21.2

10.4%

2.2

Result for the period less non-controlling interests

834.9

626.3

33.3%

208.6

Earnings per share (in EUR)

6.46

4.83

33.7%

1.6

*

The value includes impairments of goodwill as well as (reversals of) impairments of intangible assets.

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