Deutsche Rückversicherung

Deutsche Rückversicherung (Deutsche Re), meaning “German Reinsurance,” is a top-rated reinsurer based in Düsseldorf. In 2024, it wrote over €2 billion in gross premiums, led by property and casualty reinsurance growth.

History of Deutsche Rückversicherung

Deutsche Re was founded in 1951 to support Germany’s public insurers with reinsurance cover. Business operations began in 1952, originally based in Hamburg and Berlin.

In 1989, the company moved its head office to Düsseldorf. Other milestones that shaped the reinsurer’s growth and international reach:

• 2000: DR Swiss was founded in Zurich to serve non-German markets
• 2002: became a shareholder in Extremus Versicherung, focused on terrorism risk cover
• 2004: Standard & Poor’s gave Deutsche Rück an “A+” rating, which it has kept since
• 2021: entered the Middle East and Latin American markets to expand global reach
• 2023: began reinsurance work in South, Southeast and East Asia through its Zurich base

Deutsche Rück has continued to grow as a trusted partner for both domestic and global clients. In 2024, it began offering life reinsurance in the Middle East and North Africa region.

Reinsurance products and services

Deutsche Rückversicherung supports primary insurers with a full range of modern reinsurance solutions:

Non-life reinsurance services

• treaty reinsurance: provides structured coverage for portfolios in property and casualty insurance
• actuarial services: supports pricing, reserving, and performance analysis across reinsurance programs
• property and loss of earnings: covers physical damage and related income interruption for insurers
• natural hazards: helps manage storm, flood, and other catastrophe-related risks
• liability insurance: addresses third-party claims across personal and commercial sectors
• motor insurance: offers solutions for auto-related risk, including telematics and mobility trends
• market key figures: provides benchmark data to support underwriting and portfolio decisions

Life reinsurance services

• innovations: develops new product ideas linked to health behavior and risk prevention
• risk and benefits assessment: evaluates underwriting and claims, using modern tools
• risk management: supports clients in life risk modeling, capital management, and compliance
• health and recovery: addresses biometric risks through wellness, rehab, and return-to-work solutions

Deutsche Rückversicherung builds strong, personal partnerships with national and regional insurers. Its service model is rooted in trust, respect, and long-term reliability.

Culture and core values

Deutsche Rückversicherung fosters a family-friendly and performance-enhancing workplace where results matter and balance is respected. The company values fairness, stability, and long-term trust among its people.

Workplace environment and benefits

The environment brings together motivation, curiosity, and clear communication in a team with a positive mindset. Their work culture supports both professional success and personal well-being through these benefits:

• family support: flexible hours, part-time work, and the “Kindernest Kunterbunt” daycare center
• health and sport: fitness perks, bike leasing, and activities like football, walking, and dragon boat
• financial security: capital-forming payments and an attractive company pension scheme
• dual training paths: combines academic study with real job experience after high school
• 24-hour accident cover: group insurance for personal and professional incidents
• remote flexibility: mobile working helps turn long commutes into productive work time

Deutsche Rückversicherung is proud of its strong kununu rating (similar to Glassdoor) and the “Top Company” seal, earned through employee trust.

Sustainability strategy

Sustainability drives how Deutsche Rück and DR Swiss operate and invest long-term. The group sees social responsibility as core to its business identity and values.

This commitment is reflected in specific ESG investment policies and responsible ownership principles:

• PRI participation: joined Principles for Responsible Investment network
• net zero goal: aims for greenhouse gas neutrality by 2045
• active ownership: steers company ESG choices through shareholding
• portfolio rules: excludes securities breaking internal ESG criteria
• real estate: uses sustainability rules in property investments

Deutsche Rückversicherung takes responsible investing seriously, seeing it as part of its duty to society.

Community and education efforts

Deutsche Rück and DR Swiss support "Our drinking water", a hands-on project with real social value. Together with the German Environmental Action Association, they visit kindergartens to teach kids about water.

This project shows how Deutsche Re is committed to early education, environmental awareness, and social responsibility.

The future at Deutsche Rückversicherung

A new chapter begins as Deutsche Rück prepares for a leadership shift and future growth. Incoming CEO Achim Bosch brings global experience and strong ties to reinsurance markets. His appointment supports the group’s goal to deepen reach at home and abroad.

Deutsche Rückversicherung expanded reinsurance business in both international and domestic markets. Property and liability lines showed strong premium growth. The group also added life reinsurance in the Middle East and North Africa to support long-term global expansion.