Wüstenrot & Württembergische AG/€WUW

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About Wüstenrot & Württembergische AG

Wüstenrot & Württembergische AG is a German financial services company headquartered in Stuttgart, Germany. The company operates primarily within the insurance and banking sectors, offering a range of products that include life and health insurance, property and casualty insurance, and home savings contracts. Wüstenrot & Württembergische AG was formed through the merger of Wüstenrot, a pioneer in home savings, and Württembergische, an insurance provider, leveraging their longstanding expertise in these fields. The company serves a wide geographic area, focusing on the German market, with a commitment to providing comprehensive financial solutions. Its strategic positioning is enhanced by its integration of banking and insurance services, allowing for cross-selling opportunities and diversified revenue streams.
Ticker
€WUW
Sector
Finance
Primary listing
XETRA
Employees
7,625

WUW Metrics

BasicAdvanced
€1.3B
9.94
€1.44
0.71
€0.65
4.54%

Bulls say / Bears say

IFRS net income rose 15% year over year to €105 million in H1 2026, and management maintained its full-year target of €120–150 million despite the challenging environment. (W&W)
The insurance franchise is demonstrating operating resilience: property-and-casualty insurance generated a healthy 86.7% gross combined ratio, while life-insurance new-business premiums increased 5.2% year over year to €1.857 billion. (Montega)
Capital strength and balance-sheet scale improved: group equity increased to €5.008 billion, the building-loan portfolio grew 2.5% to €30.9 billion, and S&P affirmed the group’s ratings with a stable outlook. (W&W)
The Housing division remains the key earnings weakness: H1 2026 segment profit was still negative at €12 million, while housing new-business volume fell 10.9% year over year to €7.553 billion. (Montega)
Insurance claims trends deteriorated from an unusually strong prior year, with the gross combined ratio rising to 86.7% from 83.8%; management also flags further natural-catastrophe losses as a risk to 2026 earnings. (W&W)
The group remains exposed to weak property markets, interest-rate uncertainty and cost pressure, which is why it is undertaking further efficiency measures and a major transformation of the Housing and IT businesses. (W&W)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.

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Market data provided by CBOE Europe and Deutsche Börse.