DEVK Reports Best New Business Result in 140-Year History
DEVK Group has achieved its best new business result in its 140-year history, with gross premium income rising to EUR 5.75 billion in 2025. This growth occurred despite a challenging market environment.
The DEVK Group has reported its strongest new business performance in its 140-year history, as gross premium income reached EUR 5.75 billion in 2025. This success was achieved amidst a complex market characterized by geopolitical tensions and global trade volatility, according to the company.
New business volume increased by 17.6 percent to EUR 1.33 billion, marking a historical high for the insurer. While the total number of policies decreased slightly by 0.4 percent to 14.7 million due to the streamlining of older contracts, DEVK serves approximately 4.2 million customers across Germany.
Growth was observed across all major business lines. Domestic non-life insurance premiums grew by 9.7 percent to EUR 2.80 billion, outperforming the industry average. Motor insurance saw a significant increase of 14.8 percent in written premiums, reaching EUR 1.58 billion. Life insurance premiums rose by 4.9 percent to EUR 1.14 billion, and health insurance demonstrated robust growth with an 11.6 percent increase to EUR 134 million.
The company also reported a strengthening financial position, with its investment volume increasing by 2.9 percent to EUR 24.07 billion and equity rising by 6.9 percent to EUR 3.04 billion. The net profit after tax nearly tripled year-on-year, reaching EUR 136 million, indicating a significant improvement in overall profitability.