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Fri, 15.11.2024
Press information
Kornwestheim, 15 November 2024
W&W Group: Key portfolio figures expanded and on track operationally
New lending business grows by 17.6 per cent despite difficult housing market conditions. The portfolio of building loans has increased significantly.
Growth in life and health insurance and property/casualty insurance. Ad...
Press information
Kornwestheim, 30 August 2024
W&W Group on course despite high claims costs
Despite the difficult market environment, the financial planning group achieved new business growth in building loans and property/casualty insurance.
Normalisation of demand in home loans and saving.
Financial performance according to IFRS account...
In recent weeks, Wüstenrot & Württembergische Group’s (W&W) regional core insurance business in particular has suffered massive losses in some cases due to storms, in particular the so-called “Orinoco” natural hazard event and various regional storms. While the HGB result of W&W AG is stable and on target, IFRS accounting shows signific...
Press information
Kornwestheim, 17 May 2024
W&W Group makes very solid start to 2024 financial year
Consolidated net profit reaches EUR 51.1 million in first three months.
New lending business in Housing segment rises by more than 24 per cent despite weak property markets.
Good growth in new business with motor vehicles and retail cust...
Press information
Kornwestheim, 27 March 2024
W&W Group continues to improve its market position in 2023
Strong growth above the market average at Wüstenrot Bausparkasse AG and in Württembergische property and life insurance despite weak economy and high levels of uncertainty among consumers.
HGB profit climbs by around 10 per cent t...
Press information
Kornwestheim, 24 November 2023
W&W Group continues growth in new business
Strong to very strong growth across nearly all lines.
Wüstenrot still on course for record performance, accompanied by strong new business in Württembergische’s life, health and property insurance.
Unusually high claims expenses squeeze IFRS cons...
EQS-Media / 24.11.2023 / 10:47 CET/CEST
Press information
Kornwestheim, 24 November 2023
W&W Group continues growth in new business
Strong to very strong growth across nearly all lines.
Wüstenrot still on course for record performance, accompanied by strong new business in Württembergische’s life, health and pr...
Wüstenrot & Württembergische AG (W&W) is revising its expectations for consolidated net income under IFRS for the 2023 and 2024 financial years in view of extraordinary burdens. It is also confirming its forecast for net income under HGB.
With increased new business, the rise in severe weather events and higher claims expenses especially in...
Press information
Kornwestheim, 15 September 2023
W&W Group maintains growth trajectory in H1 2023
Consolidated net profit for first half of year up 24 per cent at €180.7 million after strong second quarter.
Record new business for Wüstenrot Bausparkasse and higher market share, significant growth at Württembergische Versicherung.
Finan...
W&W off to a good start in 2023
First quarter of 2023 sees consolidated net profit of €64.1 million.
Best quarterly gross new business at Wüstenrot – total home loan savings increased by around 75 per cent.
Growing demand, positive income from insurance, successful advice, customer acquisition and store stable situation of the financial...
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