Facts and figures

You can calculate our success.

Delvag facts and figures – on these pages we have compiled our economic data so you can gain an overview quickly and easily.
Keyfigures   2022 2021
Gross premiums written TSD € 79,263 80,356
Net premiums written TSD € 52,604 45,974
Retention rate % 66.4 57.2
Claims incurred TSD € 24,380 19,008
Loss ratio % 46.2 41.3
Results from ordinary business activities TSD € 14,190 16,447
Investments TSD € 150,592 155,604
Shareholders equity TSD € 59,860 59,860
Net insurance reserves TSD € 94,197 86,842
Balance sheet TSD € 209,471 207,850


AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Delvag Versicherungs-AG (as of 12/2022).

According to A.M. Best, the Credit Ratings (ratings) reflect Delvag’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. The ratings also reflect rating drag due to its association with its financially weaker parent, Deutsche Lufthansa Aktiengesellschaft (Lufthansa). 

The revision of Delvag’s outlooks to stable from negative reflect improvements in the creditworthiness of Lufthansa, which are tied to strong performances in 2022 thanks to the uptick in air traffic and to an improvement of the group’s liquidity position. Furthermore, Lufthansa has raised its earning forecast for 2022 by 50% compared with its previous forecast, s. press release.

Current annual reports and publications

Here you can find Delvag’s annual report and other publications as PDFs to read online.

Contact us.

Andrej Cepuran

Andrej Cepuran
Head of external reporting

Fon +49 221 8292 286