ICMIF member and cooperative insurer R+V Versicherung (Germany) has reported a record financial performance for 2025, with early results from its “NextLevel” corporate strategy helping to drive profitable growth, strengthen resilience and enhance both its long-term competitiveness and member value.
Announcing the results, Dr Norbert Rollinger, Chairman of the Board of Management, said the insurer had delivered a strong performance despite what he referred to as an ongoing challenging economic and geopolitical environment.
“We have grown significantly and profitably and have once again noticeably strengthened our risk-bearing capacity. Our corporate strategy NextLevel is working and is delivering initial results.”
R+V achieved a record consolidated result in 2025, alongside growth across all lines of business, underlining the effectiveness of its strategic transformation launched just one year ago.
NextLevel strategy strengthens growth, profitability and resilience
R+V says its NextLevel strategy has been central to its performance, focusing on improving profitability, enhancing operational efficiency and building long-term risk-bearing capacity.
Over the past year, R+V implemented a major organisational restructuring, including the creation of two new Executive Board divisions. By combining finance and risk management functions, the insurer has strengthened governance and improved its ability to manage risk and capital effectively. At the same time, the integration of operations and IT has delivered efficiency gains and improved customer processes.
The strategy has also been supported by a company-wide efficiency programme, which generated around EUR 100 million in cost savings in 2025. These savings are being reinvested into strategic priorities, including automation, digitalisation and the expanded use of artificial intelligence in areas such as underwriting, customer advisory services and fraud detection – supporting long-term value creation for members.
R+V also continued to deepen its integration within the cooperative banking network, expanding omnichannel capabilities to bring insurance and banking services closer together and improve customer access.
Record result supported by strong underlying performance
R+V says its financial performance in 2025 was driven by strong underwriting results and disciplined, profitability-focused growth across its business segments.
The insurer reported a significant increase in earnings compared to the previous year, supported by favourable claims experience and continued cost efficiency. Premium income also grew across all major business lines, reflecting sustained demand and R+V’s focus on long-term profitable growth.
The company further strengthened its financial position, with an improved solvency ratio highlighting its resilience and capacity to absorb risk in a volatile environment.
Cashback initiative returns value to members
Alongside its financial performance, R+V continued to deliver tangible value to its cooperative members through its cashback programme.
In March 2026, the insurer announced it would return around EUR 24 million to customers for the 2025 financial year – an increase of almost 25% compared to the previous year. The scheme rewards members of cooperative banks for favourable claims experience, with up to 10% of premiums reimbursed.
More than 775,000 customers participated in the programme in 2025, with over 85% receiving a payout. Since its launch in 2020, the initiative has returned around EUR 100 million to customers.
The programme reflects the cooperative principle at the heart of R+V’s business model, linking financial performance directly to customer benefit.
Strong start to 2026 continues momentum
R+V has carried this momentum into 2026, reporting premium growth in the first quarter of the year across all business segments.
The insurer said it expects to continue its earnings-focused growth trajectory in line with its NextLevel strategy, while remaining cautious about ongoing geopolitical and economic uncertainties.
Rollinger added: “In 2026, we want to continue our earnings-oriented growth course in line with our NextLevel strategy and grow at least at industry level.”
