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The Provinzial northwest group of insurance came out from the fusion of the Provinzial with the Provinzial north (Kiel). Company nut/mother is the Provinzial northwest getting thing corporation, which (retroactively to 1 January 2005) developed on 9 September 2005 from the fusion of the Provinzial getting thing Westphalia and the Provinzial north getting thing AG. The new getting thing has its seat in (Westphalia).

From the union the second largest public insurer of Germany resulted. The total contribution revenue amounts at present (2004) to over 3 billion euro.

Owner

Owners of the Provinzial northwest getting thing AG are the Lippi savings bank and Giroverband (WLSGV) likewise to 40 %, the landscape federation Westphalia lip to 40 %, the savings bank and Giroverband for Schleswig-Holstein (SGVSH) to 18 % and the East German association of savings banks (OSV) to 2 %.

Line of business

The Provinzial northwest drives insurance out in the lines of business of the predecessor enterprises. For this the region Westphalia lip, Schleswig-Holstein, Mecklenburg-Western Pomerania and Hamburg counts.

Company enterprise

Below that different Erstversicherungsunternehmen operates control getting thing as non-quoted corporations the operational insurance transaction:

  • The past regional harming and accident insurer remain with their established marks. To the company belong thereby
    • the Provinzial insurance corporation (WPV),
    • the Provinzial north fire cash corporation (PNB), Kiel
    • as well as those Hamburg fire cash insurance AG (HFK), Hamburg.
  • The life insurance business is operated by the Provinzial northwest life insurance corporation (PNWL), which from the fusion of the larger Provinzial life insurance corporation and the smaller Provinzial north life insurance (Kiel) came out. The fused life insurer has his seat in Kiel. The fusion was carried out on 30 September 2005 retroactively to 1 January 2005 with the locking entry in the trade register. The life insurer will be limited to the execution of the kernel functions of the life insurance business (esp. product development, accounting). For the support of the insurance existence and the sellingnear functions the WPV and the PNB are responsible as national managements of the PNWL. The PNWL will arise in Westphalia under the green Provinzial Logo of the WPV and in the north under the blue Logo of the fire cash.

WPV, PNB and PNWL are 100%ige of daughters of the Provinzial northwest getting thing corporation. To the HFK are involved the PNB to 97 % and the PNWL to 3 %.

As service companies is the expenditure-created Provinzial northwest ate management GmbH for the administration of the investments and the Provinzial northwest information technology GmbH to be responsible for the data processing.

Beyond that still some smaller enterprises to the company and it belong exist various participation in other enterprises.

Co-operation with the savings bank insurance Stuttgart

It is intended, with the savings bank insurance Stuttgart co-operation in the area ate managements (investment) and the data processing to be received. For this are to be based common service enterprise. Details of co-operation are to time (2005) still inexplicably.

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