The W&W-Group News

2022

13.05.2022 Operationally, W&W Group starts the year strongly

Learn more

Significant growth in new business in the first quarter of 2022 – digital business is also doing well.

13.04.2022 W&W AG: Changes on the Supervisory Board

Learn more

- Chairman Hans Dietmar Sauer, Dr Reiner Hagemann and Hans-Ulrich Schulz will end their mandates as at 31 August for reasons of age.
- Edith Weymayr, Dr Michael Gutjahr and Dr Wolfgang Salzberger have been proposed as their successors.

31.03.2022 W&W Group achieves record earnings in 2021

Learn more

- Earnings are well above original expectations thanks to strong new business, a friendly capital market environment, efficiency gains and a prudent risk policy.

- Losses from the summer’s natural disasters are already fully reflected in the financial statements.

- Significant growth in real estate

31.01.2022 Wüstenrot & Württembergische AG: Net income above forecast

Learn more

According to preliminary figures for the 2021 financial year, which have not yet been audited, Wüstenrot & Württembergische AG (W&W) will post consolidated IFRS net income of EUR 350 to 360 million.

2021

12.11.2021 W&W Group right on track for 2021

Learn more

- Consolidated net profit of EUR 236.9 million comes in above the value for the prior-year period by 39 per cent.

- Adverse effects from natural disasters losses occasioned by summer storms.

- Conservative risk strategy with forward-looking reinsurance quota proves successful also with storm losses

13.08.2021 W&W Group nearly doubles half-year profit

Learn more

The Wüstenrot & Württembergische Group (W&W) enjoyed a highly successful first half of 2021, nearly doubling consolidated net profit. After-tax profit rose from EUR 107.0 million for the comparable period last year to EUR 196.2 million.

12.05.2021 W&W Group has successful start to 2021

Learn more

- Consolidated net profit in the first quarter rises to EUR 104.4 million.
- Strong growth in construction financing and insurance.
- Result in the upper range of the target corridor of EUR 220 to 250 million targeted for 2021 as a whole.
- Executive Board Chair Jürgen A. Junker: “The strong start to the year shows the success that the W&W Group is having with its restructuring and increased market presence.”

31.03.2021 W&W Group: Very solid profit

Learn more

- Financial planning group posts strong new business and market share gains.
- A shareholder dividend of €0.65 per share will once again be proposed.
- Penetrate target markets more strongly, increase cost efficiency: The next step of the W&W transformation begins.
- Executive Board Chair Jürgen A. Junker:
“The W&W Group has done an excellent job of handling the challenges posed by the coronavirus crisis. It showed its resilience and quickly adjusted to the new conditions.”

2020

13.11.2020 W&W Group firmly on track

Learn more

- Consolidated net profit reaches EUR 170.4 million after nine months.

- Good levels of new business in construction financing and in the insurance segments, as well as rigorous cost management.

- Further expansion of new digital products.

- Executive Board Chair Jürgen A. Junker: “Our successful digitisation of products and processes guarantees close personal service and customer confidence – particularly in this age of the coronavirus.”

14.08.2020 W&W Group: Respectable first half-year in 2020

Learn more

- Consolidated net profit after six months stands at EUR 107 million.
- Second quarter considerably stronger than the first quarter.
- New business continues to grow.
- Net income expectation for 2020 as a whole unchanged.
- Executive Board Chair Jürgen A. Junker: “Innovation, digitalisation and close personal service ensure that W&W will continue to prosper.”

04.08.2020 W&W Group: Greater sustainability in insurance business

Learn more

In early August, the Wüstenrot & Württembergische Group (W&W) signed the United Nations Principles for Sustainable Insurance. The insurance group is thus increasingly embedding environmental, social and governance-related aspects (ESG) in its insurance business.

21.07.2020 W&W Group signs Principles for Responsible Investment

Learn more

In early May, the Wüstenrot & Württembergische Group (W&W) signed the Principles for Responsible Investment (PRI). The Group thus undertakes to introduce and comply with the six Principles for Responsible Investment.

19.05.2020 W&W: Supervisory Board renews contract with CEO Junker

Learn more

Alexander Mayer joins W&W Executive Board – Dr Gutjahr retires
At its meeting on 18 May, the Supervisory Board of Wüstenrot & Württembergische AG (W&W) renewed the contract with Chairman of the Executive Board Jürgen A. Junker (50), which was set to expire in 2021.

15.05.2020 W&W: Growth in new business

Learn more

The Wüstenrot & Württembergische Group (W&W) posted a good first quarter in operational terms.

31.03.2020 W&W Group shows strong profitability again in 2019

Learn more

Following three years of transformation, the financial services group posts rising new business and records increasing success with its digital conversion.

2019

14.11.2019 W&W Group continues positive trend in the third quarter

Learn more

In the third quarter of 2019, the Wüstenrot & Württembergische Group (W&W) posted encouraging business performance, continuing the trend set in the first half of the year. This is an extension of the positive effects of the Group’s new beginning, which was launched three years ago with a commitment to digitalisation. Consolidated net profit rose by 28 percent to EUR 220 million in the first nine months compared with the same period in the previous year, thus coming in ahead of expectations.

13.08.2019 W&W Group achieves better results in spite of market difficulties

Learn more

The Wüstenrot & Württembergische Group (W&W) posted a successful first half-year in 2019, in which earnings rose faster than expected. Consolidated net profits rose by around 50 per cent to EUR 175.8 million (previous year EUR 116.4 million).

12.07.2019 Avertissement concernant le site frauduleux https://asset-ww.com

Learn more

Nous avons des informations que la raison sociale de notre entreprise est utilisée frauduleusement par des inconnus sur le site https://asset-ww.com.

12.07.2019 Warning of fraud website https://asset-ww.com

Learn more

We have information that our company´s name is being used fraudulently by unknowns on the https://asset-ww.com website.

31.05.2019 Wüstenrot Bank under the umbrella of the OLB from 1 June

Learn more

The sale of Wüstenrot Bank AG Pfandbriefbank to the Oldenburgische Landesbank (OLB) has been completed. Now that official approval has been granted, the bank will be transferred to the new owner with effect from June 1.