R+V Insurance: Life policies offer guarantees and attractive surplus participation
German insurer R+V Versicherung AG has highlighted the security guarantees and attractive surplus participation offered by its life and pension insurance products. The company noted that safety and long-term planning are key reasons for citizens to take out private life and pension insurance.
R+V Versicherung AG, a German insurance provider, is emphasizing the security and attractive surplus participation features of its life and pension insurance offerings. The company stated that in an era of economic uncertainty, citizens increasingly value safety and long-term planning, which are core benefits of private life and pension policies.
The demand for these products has translated into business growth, with R+V's new business in life and pension insurance rising by 25 percent in the first nine months of 2013 compared to the previous year, reaching over 2.3 billion euros. For 2014, the insurer projected a total return of 3.9 percent, encompassing ongoing interest, final surplus participation, and a minimum share of valuation reserves.
R+V underscored its financial strength. Rainer Neumann, CFO, indicated that the company's broadly diversified investment strategy aims to maintain above-average returns despite market fluctuations. He added that as a cooperative insurer, R+V traditionally pursues a solid investment policy and, owing to its excellent financial strength, can permanently fulfill all its commitments.
The company's robust financial standing has been recognized by rating agencies. In October 2013, Fitch confirmed R+V Lebensversicherung AG's rating at "AA-" with a stable outlook. Standard & Poor's also rated R+V Versicherung AG "AA-" with a stable outlook. Furthermore, the consultancy Morgen & Morgen awarded R+V Lebensversicherung AG its highest rating of 5 stars, citing its excellent resilience in crisis situations.