Worldwide GWP for 1998 (£000s):
Worldwide GWP for 1998 (£000s):
£8,021,005 (1997: £7,172,676)
Chief executive:
Dr Lothar Meyer (Chairman)
Company History:
Ergo was formed in 1997 as a result of a merger between four of Europe's biggest existing insurers: the No. 1 European health insurer DKV, the No. 1 European legal expenses insurer DAS, the general insurer Victoria and the Hamburg-Mannheimer. Although each company holds an equal stake in the company, each will also continue to operate independently as a brand name in its own right. Premium income totals DM 21bn, making Ergo the second biggest life and accident insurer in Germany, and it has some 15 million customers.
Ergo aims to establish itself as a major player, offering additional benefits for customers, employees and shareholders, Ergo plans to consolidate and expand existing markets positions and to play a leading role in the European market. By the start of 2000 it was operating in 17 European countries, with premium income amounting to DM 2.3 (2.0)bn, (up by 13.5% in 1999), and equivalent to 10% of ERGO's total premium income.
Address, telephone and fax numbers of European head office:
Victoriaplatz 1
D-40198
Düsseldorf
Germany
Tel: +49 211 493 70
Fax: +49 211 49370 1500
http://www.ergo-versicherungsgruppe.de
Year company established:
1997
Key general insurance personnel:
Managing board
Dr Lothar Meyer (chairman)
Dr jur Jan Boetius
Rudolf de Coster
Fritz Horst Melsheimer
Dr Franz-Wilhelm Hopp
Michael Rosenberg
Hans Ufer
Dr Götz Wricke
Worldwide net written premiums for 1998 (£000s):
£7,096,253
Worldwide net written premiums for 1997 (£000s):
£6,281,744
