The ERGO Insurance Group Worldwide
Represented in more than 30 countries, mostly Europe and Asia with 50,000 full-time employees, ERGO Insurance Group serves 40 million customers - of which 20 million are in Germany alone.
With a premium income amounting to €18,4 billion in 2009, ERGO is one of the major insurance groups in Europe. Represented in more than 30 countries, mostly Europe and Asia with 50,000 full-time employees, ERGO Insurance Group serves 40 million customers - of which 20 million are in Germany alone. With shareholders' funds of €3,7 billion, the ERGO Insurance Group has made investments of more than €100 billion since it was founded. ERGO maintains a far-reaching sales partnership with the major European bank UniCredit Group, in Germany as well as in Central and Eastern Europe. ERGO has succeeded in being the market leader throughout Europe in personal health and legal expenses insurances. Financially strong even after the global economic crisis, maintaining its profitability and surviving without the support of the government, ERGO is a giant power. The biggest shareholder, Munich RE, holds a 99.69 % stake in ERGO and is one of the most powerful reinsurance companies in the world.
History
| 1997 | D.A.S., DKV, Hamburg-Mannheimer and Victoria insurance companies merge to found the ERGO Insurance Group. |
| 1999 | The asset manager, MEAG, and the IT service provider of the Group, ITERGO, are founded. The Group breaks into the Polish market. |
| 2000 | The Group breaks into the Italian and Baltic States' markets. |
| 2001 | Sales partnership forms with the German HypoVereinsbank (a member of the UniCredit Group). |
| 2002 | The Group takes over the German direct insurance firm, KarstadtQuelle Versicherungen. |
| 2004 | Reorganization and organization of the new Group's management according to the branches. The Group breaks into the Chinese market. |
| 2006 | The Group breaks into the Indian and Turkish market. |
| 2008 | The Group breaks into the South Korean market. Improving cooperation with UniCredit for Central and East Europe. |
Munich RE
The biggest shareholder Munich RE holds a 99.69 % stake in ERGO and is one of the most powerful reinsurance companies in the world. Having deep roots, it has paid big damages in natural disaster crises of the past. After the San Francisco earthquake in 1906, it paid damages rapidly and became the biggest reinsurance company. Munich RE was also one of the main reinsurance companies of the World Trade Center, which collapsed during the 9/11 attacks.
The investments, made by Munich RE Group and worth more than €175 billion, are managed by the asset and fund management company MEAG on behalf of the clients.
Our Mission: Growing futher
International activities are the most dynamic area of growth within the Group. With €4,3 billion, the international premium income makes up ¼ of the Group's total premium income. ERGO is a fair and reliable partner towards its shareholders. Owing to its achievements, expertise, security and size, ERGO aims to be the top choice reinsurance company within Germany and internationally for customers, shareholders, and employees, as well as in-house and third-party agents.
- Total premium income of € 18,4 billion in 2009
- Investments totalling over € 100 billion
- Shareholders' funds amounting around € 3.7 billion
- More than 50.000 employees and representatives
- Represented in more than 30 countries in Europe and Asia
- 40 million clients around the world
- European market leader in personal health and legal expenses insurance
Customer Services
ERGO Sigorta 444 0 466
