Insurance company has lost “a robust three-digit million sum’ due to Signa’s bankruptcy. R+V Versicherung has completely written off its Signa commitment in 2023, but expects returns from Signa's insolvency proceedings.
Without Signa, there would have been billions in profit for DZ Bank subsidiary R+v. The insurer was involved in the real estate companies Signa Prime and Signa Development of the Austrian investor René Benko and in the online sports retailer Signa Sports United.