Our figures are meaningful

As a partner of DEVK, you are playing in the top league of German insurance companies. Our about four million customers hold more than a combined 14 million insurance policies in all areas. In 2017, that makes us the third-largest provider of household insurance in Germany. We come in fifth in vehicle insurance and sixth in third-party-liability insurance. The following charts provide detailed information on DEVK and its market position.

The strict financial stability framework Solvency II was introduced across Europe to protect insurance policy holders as part of the new EU finance oversight architecture. Companies are especially required to prove the equity capital that allows them to comply in the long run with the contracts they have entered into. DEVK exceeds all requirements under Solvency II. Our capital cover ratio stood at 284 percent as of December 31, 2016. That makes DEVK a financially sound, stable partner.

We attach great importance to having our credit rating and financial performance reviewed regularly by leading rating agencies. Our A+ rating was stable even during the financial crisis and has been reconfirmed every year since 2008.