Extremus Versicherungs-AG
| Aktiengesellschaft | |
| ISIN | 🆔 |
| Industry | terrorism insurance |
| Founded 📆 | September 3, 2002 |
| Founder 👔 | |
| Headquarters 🏙️ | , , |
Area served 🗺️ | Germany |
| Members | |
Number of employees | 11 (2021) |
| 🌐 Website | https://extremus.de/ |
| 📇 Address | |
| 📞 telephone | |
Extremus Versicherungs-AG is a German terrorism insurance company, organized as an Aktiengesellschaft. It was founded in 2002, in the wake of the 9/11 attacks in the United States, as insurers judged that terrorism risks could bankrupt existing insurance and reinsurance companies.
The company insures risks in Germany and operates under a government guarantee. While the company covers the first 2.52 billion € of damages, the German federal government will guarantee the payout of further damages, with an overall limit of 9 billion €. The minimum insurable risk is 25 million €, and the maximum per-customer risk is 2.5 billion €.[1]
As of 2021, the insurance had 1496 contracts insuring 13'570 objects, which have a value of 763 billion €. At the end of 2021, the company had a net value of 145 million €.[1]
[edit]
As of 2022, listing shareholders above 10%:[2]
- Allianz, 16%
- Deutsche Rück, 11%
- HDI Global, 13%
- Munich Re, 16%
- Swiss Re, 15%
See also[edit]
- Pool Re, the British scheme to insure terrorism risks
- Terrorism Risk Insurance Act that created TRIP, the United States terrorism insurance program
References[edit]
- ↑ 1.0 1.1 "Geschäftsbericht 2021" [Business report 2021] (PDF). 2022. Retrieved 2022-08-02.
- ↑ "Aktionäre". Retrieved 2022-08-02.
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