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W&W resumes generating profits once more

Insurance company W&W generates profits once more

W&W is generating profits once more
W&W is generating profits once more

Venerable insurance conglomerate WW resumes financial earnings - W&W resumes generating profits once more

W&W Reports Strong Profit Recovery in 2023 and 2025

Financial services conglomerate Wüstenrot & Württembergische (W&W) has reported a significant improvement in its profitability in both 2023 and 2025.

In 2023, the company reported a net profit of 91 million euros in the first half of the year, marking a strong comeback after a loss of 14 million euros in the same period the previous year. This improvement is attributed to the absence of severe weather damage, which had significantly impacted W&W's profit in the full year 2024, dropping it to just 36 million euros.

In 2025, the company's profit saw a substantial boost, with a net profit of 238 million euros, a significant improvement compared to the previous year. The gross premiums earned in property and casualty insurance rose by 5.3% to 1.9 billion euros, while in the life insurance segment, gross premiums increased by 5.1% to 889 million euros. In health insurance, gross premiums rose by 6% to 172 million euros.

The mortgage lending business of W&W also saw a significant growth, increasing by 27.6% to 2.8 billion euros in the first half of 2025.

The improved profitability is partly due to the acquisition of W&W Dairy by Dairy Farmers of America (DFA) in 2025. This acquisition included W&W’s business, licensed brands, and a manufacturing facility specializing in Hispanic cheese products. The integration of W&W’s Monroe facility with DFA’s existing Houston, Texas plant is expected to create operational synergies and boost product diversity and market reach, positioning W&W for growth driven by expanding Hispanic cheese demand.

However, W&W faced labor unrest in August 2025, with many employees, predominantly of Hispanic origin, going on strike protesting the new ownership’s policy requiring E-Verification for all employees. This labor dispute could impact operations and profitability in the short term.

W&W’s CEO, Jürgen Junker, believes the company is on track for a significant increase in profits this year. The financial report was announced on Thursday in Kornwestheim (Circle of Ludwigsburg).

Despite the positive financial trends, W&W’s parent and related businesses showed cautious growth and risk provisioning in 2025. Related lending and finance receivables increased slightly, reflecting some business expansion, though with reserves for credit losses rising as well, indicating prudence on risk management.

The report does not provide any update on the company's stock performance or any impact of severe weather damage on W&W's financial performance in the first half of 2025. No financial figures for the full year 2025 are provided in the current paragraph. No information about the company's location is provided in the current paragraph.

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