Deutsche Family DFV is responsible for re-insuring the CareFlex Chemi team. Barmenia Krankenversicherung AG, Wuppertal Major Insurance shares will be acquired by DFV around 35-40 million euros under a re-insurance agreement from June 1, 2021.

This will further accelerate the growth of Deutsche Family Accessories by 2021 in the major insurance business. About -40 35-40 million a year is expected from the insurance agreement.

The new partnership, which is expected to start in the first quarter of 2021, has been postponed until 2022. The new primary insurance business for 2021 is currently projected at around 24 million euros. Overall, Deutsche Family Facilitation expects the net pre-tax loss by 2021 to be much lower than the 2 4 million projected at ሚሊዮን 2 million.

Deutsche Familienversicherung will be re-insured, grow faster and reduce losses [PDF]

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About DFV Deutsche Familienversicherung AG

DFV Deutsche Familienversicherung AG (ISIN DE000A0KPM74) is a fast-growing insurance company. As a digital insurance company, DFV covers the entire value chain on its own products. The purpose of the company is to provide insurance products that people really want and understand immediately (“simple. Sensible”). DFV offers its customers many rewarding additional health insurance (dental, health, additional long-term care insurance) as well as accident and property insurance. Based on a state-of-the-art and scalable IT system, the company is setting new standards in the insurance industry with the choice of digital product design and digital voice assistants.