German Life Insurance Ranking 2022

BERLIN - Dec. 5, 2022 - PRLog -- Press Release

German Life Insurance Ranking 2022

The new Life Insurance ratings for 2022 have just been released by RealRate.

These are the top three US life insurers, measured by Economic Capital Ratio:

1. HUK-COBURG LEBEN – 11.27%
2. FAMILIENFÜRSORGE LEBEN – 10.22%
3. BAYERISCHE BEAMTEN LEBEN – 9.66%

The complete rating of 60 insurers is published in https://realrate.ai/rankings/

15 companies achieved the 'Top Rated' award.

Founded in 1933 in Erfurt, Germany, HUK-Coburg Leben has also been ranked top in the last years, too. Familienfürsorge Lebensversicherung was founded on February 13, 1923 and was previously called The Evangelical Funeral Support Association. Founded in 1858, Bayerische Beamten is also a huge player in the life insurance market, also with € 3 B of revenue. Their great strength is its exceptionally high underwriting profitability compared to the market average. This not only increases Bayerische's financial strength, but also enables very high surplus participation for customers. Bayerische Beamten Life benefits from its excellent capitalization through equity and subordinated liabilities. It is thus ideally equipped for the future.

CEO Dr. Holger Bartel: "The German life insurance market is huge. It's worth over €100 billion with over 30 million active policies."

About RealRate:

RealRate is an international rating agency based in Santa Clara and Berlin, founded in 2021. Using cutting edge explainable Artificial Intelligence, we provide fair company ratings avoiding any conflict of interest. Combing AI and expert knowledge, financial strength is evaluated based on the published annual reports. RealRate provides rankings for dozens of industries, like insurance, IT, real estate, food and pharma. Just the best rated companies are awarded with the RealRate seal of approval.

Contact:

holger.bartel@realrate.ai
https://www.linkedin.com/in/dr-holger-bartel
https://calendly.com/holger-bartel