Revios Clearly Increases Profit

by PR Newswire

COLOGNE, Germany, June 20/PRNewswire/ -- Revios Rueckversicherung AG (Cologne), largest provider of life reinsurance products in Europe, has accomplished a successful operating result for 2005, with an annual profit of 20.8 m Euro. Compared with previous year's financial statement, Revios' performance was increased by 55 m Euro. Revios Group has boosted the global premium volume to 1.25 bn Euro. In 2005, Revios significantly enlarged new business acquisitions particularly in its core market Europe.

The main reasons for these successes are pronounced customer focus, consistent staff support in the international Revios units as well as the employees' high performance, quotes Volker D. Weisbrodt, Chairman of Revios Rueckversicherung AG. "Flexible and customised reinsurance solutions can only survive supported by highly motivated and professional employees", says Weisbrodt.

Furthermore, effective investments in state-of-the-art SAP-based EDP systems empowered Revios to lay the foundation stone for technically optimised services offering yet more security, thus providing a long-term support for the positive business trend.

About Revios:

Revios Rueckversicherung AG, based in Cologne, Germany, evolved out of Gerling Globale Life Re and is Europe's largest specialised life re-insurer, present in 17 countries. Revios writes life re-insurance business in more than 40 countries world-wide. Core markets are Continental Europe, the UK, North America but also the emerging markets in Asia and Latin America. With over 1.25 bn Euro gross written premium in 2005 Revios is one of the biggest life re-insurance companies in the world. Revios has a strong capitalisation with over 500 m Euro. Standard & Poor's, A.M. Best and Fitch are rating Revios with "A-"

For further information, please contact: Revios Rückversicherung AG Marc von Harpke Tel: +49-221-589-00-104 Fax: +49-221-589-00-5104 Email: marc.harpke@revios.com

Source: Revios Rueckversicherung AG

For further information, please contact: Revios Rückversicherung AG, Marc von Harpke, Tel: +49-221-589-00-104, Fax: +49-221-589-00-5104, Email: marc.harpke@revios.com