Life insurance: This is the financial situation of the largest German life insurance companies
The pension reform will make competition tougher for the industry. A recent study shows which providers are well-prepared for the future - and which are not.
Professor Hermann Weinmann from the Institute for Financial Economics in Ludwigshafen has released his annual balance sheet check for 14 large German life insurers in 2025. The results show a wide range of performance, with Allianz Leben and Hannoversche Leben ranking highest with a consumer rating of "very good" and 900 out of 1000 points.
Other insurers, such as Axa Leben, Alte Leipziger Leben, and WWK Leben, received a "good" rating, while some, like Zurich Deutscher Herold, received a "poor" rating. The study also found that many insurers have reduced their operating costs over the past five years, but some still have high costs, particularly when customers cancel their policies early.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
