Press Release – Cologne, 1 June 2016
Gothaer Strengthens Equity Basis and Gains Market Share in Property Insurance
- Consolidated profit for the year on the up
- Equity basis again strengthened
- Rating agencies confirm good results
- Roll-out of CRM system on track
The Gothaer Group reports healthy 2015 figures in a difficult market environment: its consolidated net profit for the year was up 14.5% to €134 million. Some of the profit was used to strengthen its equity basis. Group equity grew 3.3% and stood at €1,837 million at the end of 2015. The investment result rose 9.8% to €1,213 million. Gross premiums written, at €4.52 billion, remained at the previous year’s level (+0.1%) in 2015.
