Ad-Hoc-Announcements

Cologne, 12 April 2019 - The Gothaer Group is announcing good figures for the 2018 fiscal year, with gross premiums written at Group level up 2.1 percent to € 4,383 million and consolidated net income of € 119 million. Despite the challenging framework the Group’s financial stability was reconfirmed in 2018 by another 'stable' Standard & Poor's rating. The capital base was also further strengthened – with end-of-year Group equity at € 1,159 million (prior year: € 1,036 million). Gross premiums written by Gothaer Allgemeine Versicherung AG rose 4 percent to € 1,810 million, and it reported a net profit for the year of € 73 million.*

*Group figures are preliminary since the audit of the consolidated financial statements has not yet concluded.

Cologne, 11 December 2018 – Group CEO Dr Karsten Eichmann presented robust figures at the meeting on the annual financial statements with the press. Gross premiums written at Group level are expected to rise by 2.0 percent to € 4.38 billion (prior year: € 4.29 bn). One of the key growth drivers was the property and casualty insurance segment. Gross premiums written by Gothaer Allgemeine Versicherung AG are anticipated to be € 1,826 million, which is 1.3 above the 2017 level. The international rating agencies, S&P Global Ratings and Fitch Ratings, have reconfirmed the good ratings for the core companies in the Gothaer Group with a ‘stable’ outlook.

Cologne, 15 May 2018 – The Gothaer Group can present good figures for the 2017 financial year: the consolidated net income rose 5.6% to €165 million. Equity grew 8.0% and stood at €2,154 million at the end of 2017. Gross premiums written at Group level rose 0.3% to €4,424 million. Gross premiums written by Gothaer Allgemeine Versicherung AG rose 5.8% to €1,822 million. At the same time important milestones in the implementation of Gothaer 2020 Group strategy were reached: the digitization of the business model are progressing in all parts of the Company and new, more efficient structures and processes have been set in motion.

Cologne, 12 December 2017 – At the press event on the annual financial statements, the Gothaer Group presents sound figures: its consolidated net income for the year is probably up 1.2% to more than €164 million and strengthens its equity-capital basis. Group equity is likely to grow by 5.4% to €2,113 million by the end of the year. Gross premiums written at Group level rise 0.7% to €4,443 million. The international rating agencies S&P Global Ratings and Fitch Ratings for 2017, too, confirmed the good rating results of the Gothaer Group's core companies; the outlook is 'stable'. Gross premiums written by Gothaer Allgemeine Versicherung AG, probably at €1,822 million, are up 5.9%, well above the 2016 level.

Cologne, 26. Juni 2017 – From business year 2018 Gothaer Versicherungsbank VVaG will provide its annual consolidated financial statement no longer according to International Financial Reporting Standards (IFRS), but again upon German Commercial Code.

The background for this decision are high costs for the implementation of the new IFRS reporting requirements for insurance companies.

Cologne, 30 May 2017 – The Gothaer Group is submitting sound figures for the 2016 financial year: the consolidated annual surplus rose 17.4% to €162 million. The Group's equity grew 8.8% to reach €2.004 million at the end of 2016. Gross premiums written in 2016, at €4.411 billion, dipped (-2.3%) compared with the previous year owing to the launched consolidation process. In a historic low-interest environment, the Gothaer Group can report good investment results overall: the result earned from investments rose 32.8% to €1,612 million.

Gross premiums written by Gothaer Allgemeine Versicherung AG, the Gothaer Group's casualty/property insurer, at € 1,723 million, were 1.2% above the 2015 level. The company showed sound growth with a clear success focus and was able to perceptibly improve its loss ratio.

Cologne, 13 December 2016 – At today's press conference on the preliminary annual financial statements Gothaer Group presented sound figures: Asked to name the Solvency II rate for Gothaer Allgemeine Versicherung AG the board said it was at 213 percent by end of September 2016.

We want to add that the first financial audit including Solvency figures will take place for due date 31. December 2016.

Cologne, 13 December 2016 – At today's press meeting on the annual financial statements Gothaer Group presented sound figures: The consolidated profit for the year will probably rise 4.5% to over €140 million. Group equity grows 10.0% and is likely to be around €2,021 million by the end of the year. The result earned from capital investments will in all likelihood be up 13.4% to €1,375 million. Gross premiums written at Group level – after consolidation of the business model in line with the market – are down 3.0% to €4,380 million. The international rating agencies S&P Global Ratings and Fitch Ratings confirmed the good rating results for the core companies of Gothaer also for 2016, with a stable outlook. Gross premiums written by Gothaer Allgemeine Versicherung AG, at a likely €1,723 million, are 1.2% above the 2015 level.

Cologne, 4. October 2016 – The Supervisory Board of Gothaer Allgemeine Versicherung AG appointed Dr. Christopher Lohmann as successor of Thomas Leicht as chairman of Gothaer Allgemeine Versicherung AG. Lohmann was also appointed as member of the board of Gothaer Versicherungsbank VVaG and Gothaer Finanzholding AG. The change at the top of Gothaer Allgemeine Versicherung AG will be executed in 2017. Thomas Leicht (57) decided not to renew his contract expiring 2017 and is expected to resign from the board of management on 28 February 2017.

Cologne, 16 August 2016 - Gothaer Allgemeine Versicherung AG resolved today to redeem the outstanding EUR 107,600,000 Subordinated Fixed to Floating Rate Bonds due 2026 (ISIN: XS0269270566) with effect on 29 September 2016 in accordance with article 5(b) of the Terms and Conditions of the Bonds.

The bonds will be redeemed at their principle amount plus interest accrued to but excluding 29 September 2016 in accordance with the Terms and Conditions of the Bonds on 29 September 2016.

NOT FOR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES").

Cologne, 1 June 2016 – The Gothaer Group presents sound 2015 figures in a difficult market environment: its consolidated net profit for the year was up 14.5% to €134 million. Group equity grew 3.3% and stood at €1,837 million at the end of 2015. The investment result rose 9.8% to €1,213 million. Gross premiums written, at €4.52 billion, remained at the previous year's level (+0.1%) in 2015.

Gothaer Allgemeine: Property/casualty insurer gains market share

Gross premiums written by Gothaer Allgemeine Versicherung AG, at €1,703 million, were up 5.3% on the 2014 level, meaning that Gothaer's property/casualty insurer again grew above the market (+2.7%) and once more obtained high growth rates among private clients and corporate customers.

NOT FOR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES").

Cologne, 11. April 2016 - Thomas Leicht (56), member of the board of Gothaer Versicherungsbank VVaG and chairman of the board of Gothaer Allgemeine Versicherung AG, will not renew his contract expiring 2017 and will resign from the board of management on 28 February 2017. Since 2007 Leicht is member of the board of management at Gothaer Allgemeine Versicherung AG, the non-life insurer of Gothaer, and since 2008 its chairman.

Cologne, 28 January 2016 - On 19 January 2016 Gothaer Allgemeine Versicherung AG published an invitation to the holders of the EUR 250,000,000 Subordinated Fixed to Floating Rate Bonds due 2026 issued by Gothaer Allgemeine Versicherung AG, ISIN XS0269270566 (the "Bonds") to tender to it for purchase for cash their Bonds at a purchase price of 102.50 per cent. (the "Invitation"). The Invitation expired at 4.00 p.m. (Frankfurt time) on 27 January 2016.

Gothaer Allgemeine Versicherung AG has accepted tenders in a principal amount of EUR 115,300,000. Following the completion of the Invitation Bonds with a principal amount of EUR 107,600,000 remain outstanding.

Settlement of the Invitation is expected to take place on 29 January 2016.

The invitation referenced herein is not being made, directly or indirectly, in or into the United States by use of the mails or by any means or instrumentality (including, without limitation, e-mail, facsimile transmission, telephone and the internet) of interstate or foreign commerce, or of any facility of a national securities exchange of the United States and the Invitation cannot be accepted by any such use, means, instrumentality or facility or from within the United States.

This notice does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States.

NOT FOR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES").

Cologne, 19 January 2016 - Gothaer Allgemeine Versicherung AG resolved to invite the holders of the EUR 250,000,000 Subordinated Fixed to Floating Rate Bonds due 2026 issued by Gothaer Allgemeine Versicherung AG, ISIN XS0269270566, to tender to it for purchase for cash their notes at a purchase price of 102.50 per cent. (the "Invitation"). The Invitation will commence on 19 January 2016 and is expected to expire at 4.00 p.m. (Frankfurt time) on 27 January 2016.

The invitation referenced herein is not being made, directly or indirectly, in or into the United States by use of the mails or by any means or instrumentality (including, without limitation, e-mail, facsimile transmission, telephone and the internet) of interstate or foreign commerce, or of any facility of a national securities exchange of the United States and the Invitation cannot be accepted by any such use, means, instrumentality or facility or from within the United States.

This notice does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States.

NOT FOR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES").