Brief: DFV Deutsche Familienversicherung AG Says Has Assumed Liability As Reinsurer Of Careflex Chemie (Group) Consortium

DFV Deutsche Familienversicherung AG

09/11/2021 17:42

Nov 9 (Reuters) - DFV Deutsche Familienversicherung AG
 DFV.DE :
    * DFV HAS ASSUMED LIABILITY AS REINSURER OF CAREFLEX CHEMIE
(GROUP) CONSORTIUM
    * NEW PRIMARY INSURANCE BUSINESS FOR 2021 IS NOW FORECASTED
AT
AROUND EUR 24 MILLION
    * ACTIVE REINSURANCE BUSINESS WILL INCREASE DFV'S PREMIUM
INCOME
BY AN ADDITIONAL EUR 20 MILLION IN 2021
    * EXPECTS PRE-TAX CONSOLIDATED LOSS FOR 2021 WILL BE
SIGNIFICANTLY
LOWER AT AN ESTIMATED EUR 2 MILLION
    * FROM 2022 ONWARDS, PREMIUM INCOME OF AROUND EUR 35-40
MILLION
PER YEAR CAN BE EXPECTED FROM REINSURANCE AGREEMENT
    * PRIMARY INSURANCE SHARES OF BARMENIA KRANKENVERSICHERUNG,
WUPPERTAL, WILL BE TAKEN OVER BY CO
    * INSURANCE SHARES TAKEN OVER BY DFV WITH A VOLUME OF AROUND
EUR
35-40 MILLION
    * IN DFV'S SALES ACTIVITIES IN CORE BUSINESS OF PRIMARY
INSURANCE,
A NEW COOPERATION, WILL START IN 2022

Source text for Eikon:  ID:nEQ1mVK4fa 
Further company coverage:  DFV.DE 

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