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GOTHAER: 2015 Financial Year: Gothaer strengthens equity basis and gains market share in property insurance

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.

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