DFV Deutsche Familienversicherung AG

DFV

Equity

ISIN DE000A2NBVD5 / Valor 44543268

Xetra (2025-11-21)

EUR 6.70%

DFV Deutsche Familienversicherung AG
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About company

DFV Deutsche Familienversicherung AG is a German insurance company that specializes in providing family insurance products such as health, property, and casualty insurance.

Summarized from source with an LLMView SourceSector: Finance

Profit Growth

The company achieved a group profit before tax of EUR 6.6 million for the first nine months of 2024, a 48% increase compared to EUR 4.4 million in the same period of 2023. This strong performance confirms the effectiveness of the profitability-focused corporate policy that was initiated in 2022.

Operational Performance

Insurance sales grew by 7% driven by the company's digital channels. However, the operating result (Insurance Service Result according to IFRS 17) decreased to EUR 1.3 million due to higher acquisition costs from recent TV advertising campaigns. Meanwhile, the combined ratio increased to 98.7%, with the claims ratio remaining within target at 63.9%, and administrative expenses showing slight improvement.

Guidance and Strategic Developments

The interim results confirmed the company’s guidance, targeting an IFRS group profit before tax of EUR 5-7 million for 2024. Additionally, DFV Deutsche Familienversicherung AG is undergoing a takeover and delisting process led by Haron Holding S.A., marking a significant strategic development for the organization.

Summarized from source with an LLMView Source

Key figures

1.52%1Y

-32.3%3Y

-65.6%5Y

Performance

32.9%1Y

32.2%3Y

39.8%5Y

Volatility