The VICTORIA
Lebensversicherung, AG

The VICTORIA, founded in 1853, represents IGP in Austria, Germany and Portugal. In 1998, VICTORIA, Hamburg Mannheimer, DKV, and D.A.S. merged to form the ERGO-Group. The ERGO-Group has nearly EUR 17 billion (USD 22.8 billion) in premium income and is the second largest primary insurer in Germany.

The two leading rating agencies, Standard & Poor’s and Moody’s, have assessed VICTORIA Life’s financial strength as AA- (Very Strong) and Aa3 (Excellent Financial Security), respectively. Out of approximately 120 life insurance companies in Germany, only a few besides the VICTORIA have a Double-A rating, which is currently the highest available rating category in Germany.

The VICTORIA is a leading underwriter of group life and pension plans, and with a reputation for technical expertise, is able to provide tailored services to small, medium, and large corporate clients. The VICTORIA offers all funding methods, including:

• Direct Insurance (Direktversicherung)
• Retirement Fund (Pensionskasse)
• Support Fund (Unterstützungskasse)
• Book-Reserve Reinsurance
  (Rückgedeckte Pensionszusage)
• Pension Fund (Pensionsfonds)

The pension fund, ERGO Pensionsfonds AG, was launched in October 2006, and is a unique vehicle for companies to outsource their book reserves and transfer their benefit obligations to a professional external provider.

In response to the growing demand for working time models, the VICTORIA recently introduced flexible funds and insurance-based solutions that can accommodate the benefits needs of employees with alternative work schedules.

Within each of the above product groups, a range of products covers different insurance needs and offers additional features such as flexible retirement periods, premium periods, supplemental covers and benefit amounts.

ERGO People & Pensions GmbH, an employee benefits consulting agency founded by ERGO, offers a comprehensive range of services including annual valuations of book-reserve schemes, advice on tax and labor legislation, as well as administrative services.

The VICTORIA has been an IGP Network Partner since 1967.

Key Products

• Term Life Assurance
• Endowment Insurance

• Permanent Disability Annuity
• Waiver of Premium

• Insured Pensions
• Widow’s and Orphans’ Pensions

The VICTORIA is located on the internet at: www.victoria.de. (Information not available in English.)