Wuestenrot & Wuerttembergische (WUW) Q3 2025 earnings summary

Executive summary

• Achieved significant growth in new and existing business across nearly all segments for the first nine months of 2025 compared to the same period last year.

• Consolidated earnings and key portfolio figures improved, supporting the goal of increasing IFRS and HGB earnings.

Financial highlights

• Building loan portfolio increased by 4.5% year-over-year to €29.7 billion.

• New business volume in housing rose by 6.4% to €12.4 billion.

• Insurance revenue in life and health segment up 4.8% to €955 million; property/casualty segment up 5.2% to €2,181 million.

• New life insurance business grew by 14.1%; annual premium income in property/casualty increased by 7.8%.

Outlook and guidance

• Earnings forecasts for 2025 maintained, targeting consolidated net profit significantly above previous year.

• Annual surplus in HGB individual statements expected to be slightly above prior year, assuming stable market conditions.