The Wüstenrot & Württembergische Group (W&W) had a successful first half of 2025. Consolidated earnings in accordance with the IFRS accounting standard rose to €91 million (same period in the previous year: -€14 million).
The Supervisory Board of Wüstenrot & Württembergische AG (W&W) has appointed Matthias Bogk (47) as the new Chief Financial Officer of W&W AG with effect from 1 July 2025.
Despite considerable claims from unusually numerous and severe storms, particularly in the core insurance area, in 2024 the W&W Group was able to close the year with positive consolidated earnings of €36 million.
New lending business grows by 17.6 per cent despite difficult housing market conditions. The portfolio of building loans has increased significantly.Growth in life and health insurance and property/casualty insurance. Adam Riese increases gross premium portfolio by almost 29 per cent.
Despite the difficult market environment, the financial planning group achieved new business growth in building loans and property/casualty insurance. Normalisation of demand in home loans and saving.
The Wüstenrot & Württembergische Group (W&W) posted further growth in new business in a weak economic environment in the first quarter of 2024.
The Wüstenrot & Württembergische Group (W&W) has achieved further growth in new business in both the third quarter and the first nine months of this year.
Strong to very strong growth across nearly all lines.
Wüstenrot still on course for record performance, accompanied by strong new business in Württembergische’s life, health and property insurance.
Consolidated net profit for first half of year up 24 per cent at €180.7 million after strong second quarter.
Record new business for Wüstenrot Bausparkasse and higher market share, significant growth at Württembergische Versicherung.
First quarter of 2023 sees consolidated net profit of €64.1 million.
Best quarterly gross new business at Wüstenrot – total home loan savings increased by around 75 per cent.
Nous avons des informations que la raison sociale de notre entreprise est utilisée frauduleusement par des inconnus sur les sites.
We have information that our company’s name is being used by unknowns on the following websites. We point out that the products offered on these websites are not products of W&W Asset Management GmbH, Ludwigsburg.
- Good, in some cases very good new business, cost efficiency and further expansion of digital offers lead to encouraging trend in income despite adverse market conditions and negative impact of IFRS accounting.
The Wüstenrot & Württembergische Group (W&W) further expanded its operating activities in the first nine months of 2022 and increased its market share, despite the unfavourable and highly-volatile market environment.
The Wüstenrot & Württembergische Group (W&W) continued the successful trajectory of its operating activities in the first six month of 2022.
Significant growth in new business in the first quarter of 2022 – digital business is also doing well.
- Chairman Hans Dietmar Sauer, Dr Reiner Hagemann and Hans-Ulrich Schulz will end their mandates as at 31 August for reasons of age.
- Edith Weymayr, Dr Michael Gutjahr and Dr Wolfgang Salzberger have been proposed as their successors.
- Earnings are well above original expectations thanks to strong new business, a friendly capital market environment, efficiency gains and a prudent risk policy.
- Losses from the summer’s natural disasters are already fully reflected in the financial statements.
- Significant growth in real estate
According to preliminary figures for the 2021 financial year, which have not yet been audited, Wüstenrot & Württembergische AG (W&W) will post consolidated IFRS net income of EUR 350 to 360 million.
- Consolidated net profit of EUR 236.9 million comes in above the value for the prior-year period by 39 per cent.
- Adverse effects from natural disasters losses occasioned by summer storms.
- Conservative risk strategy with forward-looking reinsurance quota proves successful also with storm losses
