Wüstenrot & Württembergische AG Value Stock - Dividend - Research Selection
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Description of the company
Wüstenrot & Württembergische AG, together with its subsidiaries, provides banking and insurance products and services to private individuals and corporate customers in Germany, the Czech Republic, and internationally. It operates through Home Loan and Savings Bank, Life and Health Insurance, and Property/Casualty Insurance segments. The Home Loan and Savings Bank segment offers home loan savings and financing products for short-term construction projects and refurbishments, and for long-term plans, as well as banking products primarily for private customers, such as home loan savings contracts, bridging loans, savings and investment products, current accounts, call money accounts, Maestro and credit cards, and mortgage and bank loans. The Life and Health Insurance segment provides life and health insurance products for individuals and groups, including classic and unit-linked life and annuity insurance, term insurance, classic and unit-linked Riester and basic pensions, and occupational disability insurance, as well as full and supplementary private health insurance and nursing care insurance. The Property/Casualty Insurance segment provides a range of insurance products for private and corporate customers, including general liability, casualty, motor, household, residential building, legal protection, transport, and technical insurance. The company also engages in the rental of land and buildings; and provision of asset management services. It operates offices in Stuttgart, Ludwigsburg/Kornwestheim, Karlsruhe, Bad Vilbel, and Berlin in Germany, as well as an independent branch in Luxembourg. Wüstenrot & Württembergische AG distributes its products and services directly, as well as through partners, brokers, and in-house mobile sales force. The company was founded in 1828 and is headquartered in Stuttgart, Germany.