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Private company

Ergo

Logo: ERGO Kindlustusgrupp, Public domain, via Wikimedia Commons4

German insurance group based in Düsseldorf

Ergo Group AG (stylized as ERGO) is one of the leading international insurance groups and operates in over 20 countries worldwide. Based in Düsseldorf, Germany, the multi-line insurance company offers its retail and corporate customers a broad product portfolio in all the main classes of insurance – property and casualty (P&C), life and health insurance – as well as comprehensive assistance and other services. About 37,000 people work either as salaried employees or self-employed sales representatives for the Group.2 Its revenue was €20.8 billion in 2024.1 It is part of Munich Re.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1997Founded1
  • Industryinsurance industry1
  • HeadquartersDüsseldorf1
  • Websitewww.ergo.com
  • Legal formAktiengesellschaft1
  • LEI52990021CYIIW4B60I183
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressERGO-Platz 1, 40477 Düsseldorf, Germany3
  • Registered withLocal Court Düsseldorf, HRB 359783

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Sven Volkens - Ergo-Turm
Photo: Sven Volkens, CC BY-SA 4.0, via Wikimedia Commons6

Ergo Group AG (stylized as ERGO) is one of the leading international insurance groups and operates in over 20 countries worldwide. Based in Düsseldorf, Germany, the multi-line insurance company offers its retail and corporate customers a broad product portfolio in all the main classes of insurance – property and casualty (P&C), life and health insurance – as well as comprehensive assistance and other services. About 37,000 people work either as salaried employees or self-employed sales representatives for the Group. In the 2024 fiscal year, Ergo generated insurance revenue of 20.8 billion euros and a net result of 810 million euros. Ergo is part of Munich Re, one of the world’s leading reinsurers and risk carriers.2

Corporate structure

Ergo is part of a group headed by Munich Re. 371 entities, 36 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Munich Re München, Germany
    • Ergo 100% · Düsseldorf, Germany
      • DKV Subsidiary · Cologne, Germany
      • D.A.S. LUXEMBURG ALLGEMEINE RECHTSSCHUTZ-VERSICHERUNG S.A. Subsidiary · Strassen, Luxembourg
      • Ergo Hestia Subsidiary · Poland, Poland
      • ERGO Life S.A. Subsidiary · Grevenmacher, Luxembourg
      • Ergo Versicherung Subsidiary · Germany
      • Victoria Tower, Mannheim Owned · Mannheim, Germany
    • ERV Evropská pojišťovna 100% · Praha 8, Czechia
      • Etics ITP Subsidiary · Czechia
    • DKV Belgium Brussel, Belgium
    • ERGO International Aktiengesellschaft Düsseldorf, Germany
      • ERGO Insurance SE Tallinn, Estonia
      • Akcine draudimo bendrove "Gjensidige" Subsidiary · 100% · Vilnius, Lithuania
    • Ergo Lebensversicherung Hamburg, Germany
    • ERGO Vorsorge Lebensversicherung Düsseldorf, Germany
    • Europaeiske Rejseforsikring København, Denmark
    • Forst Ebnath Ebnath, Germany
    • Great Lakes Insurance München, Germany
    • Hartford Steam Boiler Inspection and Insurance Company Hartford, Connecticut, United States
    • MUNICH-AMERICAN HOLDING CORPORATION Wilmington, Delaware, United States
      • American Family Home Insurance Company Subsidiary · Amelia, Ohio, United States
      • AMERICAN MODERN HOME INSURANCE COMPANY Subsidiary · Amelia, Ohio, United States
      • AMERICAN MODERN INSURANCE COMPANY OF FLORIDA, INC. Subsidiary · Amelia, Ohio, United States
      • AMERICAN MODERN LLOYD'S INSURANCE COMPANY Subsidiary · Amelia, Ohio, United States
      • AMERICAN MODERN PROPERTY AND CASUALTY INSURANCE COMPANY Subsidiary · Amelia, Ohio, United States
      • AMERICAN MODERN SELECT INSURANCE COMPANY Subsidiary · Amelia, Ohio, United States
      • AMERICAN SOUTHERN HOME INSURANCE COMPANY Subsidiary · Amelia, Ohio, United States
      • BRIDGEWAY INSURANCE COMPANY Subsidiary · Princeton, New Jersey, United States
      • MIDLAND-GUARDIAN CO. Subsidiary · Batavia, Ohio, United States
      • MIDWEST ENTERPRISES INC Subsidiary · Amelia, Ohio, United States
      • MUNICH AMERICAN REASSURANCE COMPANY Subsidiary · Atlanta, Georgia, United States
        • MUNICH AMERICAN LIFE REINSURANCE COMPANY Subsidiary · Atlanta, Georgia, United States
        • MUNICH AMERICAN REASSURANCE COMPANY PAC, INC Subsidiary · Atlanta, Georgia, United States
      • MUNICH RE CVC INVESTMENT CORP. Subsidiary · Dover, Delaware, United States
      • MUNICH RE DIGITAL PARTNERS US HOLDING CORPORATION Subsidiary · Dover, Delaware, United States
      • MUNICH RE WEATHER & COMMODITY RISK HOLDING INC. Subsidiary · The Woodlands, Texas, United States
        • MUNICH RE ENERGY TRANSITION FINANCE INC. Subsidiary · Dover, Delaware, United States
        • MUNICH RE TRADING LLC Subsidiary · The Woodlands, Texas, United States
      • SPECIALTY INSURANCE SERVICES CORPORATION Subsidiary · Amelia, Ohio, United States
      • THE ATLAS INSURANCE AGENCY, INC. Subsidiary · Amelia, Ohio, United States
      • THE MIDLAND COMPANY Subsidiary · Amelia, Ohio, United States
    • American Modern Insurance Group, Inc. Subsidiary · Amelia, Ohio, United States
    • MEAG Subsidiary · Munich
    • Munich Reinsurance America Subsidiary
    • MUNICH HOLDINGS OF AUSTRALASIA PTY LTD Subsidiary · 100% · Sydney, Australia
      • CORION PTY LIMITED Subsidiary · 100% · Sydney, Australia
      • MUNICH REINSURANCE COMPANY OF AUSTRALASIA LIMITED Subsidiary · 100% · Sydney, Australia
    • PONGA SILVA LIMITED Subsidiary · 100% · Rotorua, New Zealand
    • "HESTIA LOSS CONTROL" SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA Subsidiary · Sopot, Poland
    • 13TH & F ASSOCIATES L.P. Subsidiary · Houston, Texas, United States
    • 1880fwd GmbH Subsidiary · München, Germany
    • ADVIA Subsidiary · Antwerpen, Belgium
    • AKCIONERNOE OBSESTVO "UNITI STRAHOVANIE" (АКЦИОНЕРНОЕ ОБЩЕСТВО "ЮНИТИ СТРАХОВАНИЕ") Subsidiary · Moskau, Russia
    • ALLYSCA Assistance GmbH Subsidiary · München, Germany
    • AMERICAN ALTERNATIVE INSURANCE CORPORATION Subsidiary · Princeton, New Jersey, United States
    • Battery Park Holding GmbH Subsidiary · München, Germany
    • BELL & CLEMENTS (LONDON) LIMITED Subsidiary · London, United Kingdom
    • and 197 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Ergo reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

  • ERGO Reiseversicherung 100%
  • Victoria Tower, Mannheim

Things Wikidata records the company as owning, with the share when stated.1

The story

In 1997, D.A.S., DKV Deutsche Krankenversicherung AG, Hamburg-Mannheimer and Victoria merged to establish Ergo Insurance Group. Then, in 2001, Munich Re became the sole owner of the group. In 2009, the travel insurance company Ergo Reiseversicherung and Austrian BA-CA Insurance were integrated, and in 2010, KarstadtQuelle Versicherungen, renamed Ergo Direkt Lebensversicherung AG. Since 2016, the company operates with a holding structure under Ergo Group AG.

From Wikipedia’s article on Ergo Group, shared under CC BY-SA 4.0.5

Products and brands

  • reinsurance

Listed on Wikidata.1

Ergo was publicly listed in the MDAX index until 2001. Following Munich Re’s full acquisition that year, Ergo ceased to have an independent stock market listing. Shares of Munich Re are traded on the Frankfurt Stock Exchange with the company being included in the DAX index, which represents the 40 largest German companies by market capitalization.

From Wikipedia’s article on Ergo Group, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Parent company

Owners

Subsidiaries

Also owns

  • ERGO Reiseversicherung 100%
  • Victoria Tower, Mannheim

From Wikidata.1

Acquisitions

In 2025, Ergo Group fully acquired US insurer Next Insurance (stylized as NEXT). Through this transaction, the group entered the world's largest insurance market, tapping the US small and medium-sized businesses (SMB) segment. Founded in 2016 and headquartered in Palo Alto, California, Next insurance is a P&C insurer focusing on the specific needs of US small business owners. The company offers a digital "one-step" insurance experience with instant underwriting and policy issuance. Since its creation, Next Insurance has witnessed significant growth and generated a top line of $548 million in 2024. As of 2025, the company serves more than 600,000 customers and counts around 700 employees. Ergo and Munich Re have been closely accompanying Next Insurance since 2017. Prior to the afore-mentioned transaction, Ergo Group was already a major shareholder of Next insurance, holding around 29 percent of the company's outstanding share capital. Next Insurance was renamed Ergo Next Insurance in 2026.

From Wikipedia’s article on Ergo Group, shared under CC BY-SA 4.0.5

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 202420.8B EUR1

Timeline

  1. Nov 28, 2017Parent Directly consolidated by Munich Re3
  2. 1997Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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