Gothaer Group

The Gothaer Group (Gothaer Allgemeine Versicherungs AG) is a German insurance company with circa 4.1 million members. Its core businesses are all insurance services. Gothaer Allgemeine Versicherungs AG customers include private clients and small- and medium-sized businesses. They offer their products to private and corporate customers. Their products cover the fields of property, health and life insurance. Gothaer insures industrial, business and private customers, with asset management and investment forming another area of business. Customers are insured for instances like personal or group accidents, motor accidents, property damages, river shipping, robbery and burglary, fire, storms and water damage. The head office is located in Cologne, Germany. The Gothaer Group reported a net profit of €134 million in 2015. The rate of increase was about 14.5% in comparison to 2014. A part of the profit was taken to strengthen the company's equity. The income level remained nearly the same in 2015, with a peak of 4.5 billion euros.