DGV: Solvency ratios 2024 at a high level

The capital allocation of German insurers remains at a high level in 2024. Despite falling interest rates, the solvency ratio remains well above the statutory minimum. The premature renunciation of transitional measures under Solvency II underlines the stability of the industry. read more

According to the current estimates of the GDV, the insurers' own funds clearly exceed the required capital buffers. For life insurance, the association expects an average solvency ratio of between 285 and 295 percent, for property and accident insurance with a value of 280 percent. The contribution insurers report stable solvency ratios first appeared on insurance industry today.

The average solvency ratio of German life insurers in 2024, excluding transitional measures, was 285 to 295 percent, slightly lower than in the previous year at 305 percent. This is the result of an estimate by the GDV Association of Insurance Companies. The reason for the decline was the slightly lower interest rate level in 2024. In property and accident insurance, the figure remained at 280 percent in the previous year. The ratio describes th…