100 years of R+V Insurance in Koblenz: An overview from a financial expert's perspective

100 years of R+V Insurance in Koblenz: An overview from a financial expert's perspective

According to a report by www.presseportal.de, R+V Versicherung is celebrating its 100th anniversary in Koblenz. The Koblenz customer and branch management currently employs 220 people and generated premium income of 400 million euros in 2022. The branch is firmly integrated into the cooperative organization and looks after 23 cooperative banks in its region and their customers.

An impressive achievement of the insurance company was the quick and unbureaucratic help for those affected by the flood disaster in the Ahr Valley. This was achieved through an above-average protection rate against natural hazards of 75 percent, compared to the national average of around 52 percent.

With around 9 million customers, R+V Versicherung is one of the largest insurers in Germany and generated premium income of almost 20 billion euros in 2022. As part of the Volksbanken Raiffeisenbanken cooperative financial group, R+V offers tailor-made, innovative insurance solutions for private and corporate customers.

These impressive services from R+V Versicherung in Koblenz show its strength in the market, especially with regard to natural catastrophe losses. The above-average coverage rate and the quick assistance during the flood disaster have strengthened the insurance company's position in the market and strengthened customer trust. This underlines R+V's solid, long-term business strategy, which will continue to rely on modern pension and insurance solutions in the future in order to offer its customers security and reliability.