Victoria Versicherung AG · Düsseldorf Germany
Company Description
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This link will open in a new window It's no accident that Victoria Versicherung insures individuals and commercial and industrial businesses throughout the world. The company is one of the leading insurance companies in Germany, providing all-round non-life insurance coverage including health and property/casualty products. Its Victoria Lebensversicherung subsidiary deals specifically with life insurance products. Victoria is owned by ERGO Versicherung , the German insurance giant that also includes Hamburg-Mannheimer (life and property/casualty insurance), D.A.S. (legal expenses insurer), and DKV (a top European health insurer). ERGO is itself a part of Munich Re . To read the full description, subscribe now.
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Key Victoria Versicherung AG Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $1,590.1 |
| Employees | 4,900 |
Victoria Versicherung AG Executives
4 executives listed for Victoria Versicherung AG's Düsseldorf, location.
| Title | Name & Bio | Contact |
| CEO | Christian Diedrich | Network |
| Director Sales and Marketing | Herbert Löffler | Network |
| Director Industrial Relations | Ulf Mainzer | Network |
Competition
Competitive Landscape for Victoria Versicherung AG
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top Victoria Versicherung AG Competitors
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