Delvag Significantly More Profitable than the Insurance Monitor

Last year, Delvag, the Lufthansa Group's own insurer, benefited from a more favourable performance of claims and was able to bring its damage and cost ratio well below 100 percent again. The majority of the profit was contributed by the intermediary subsidiary Albatros. Lufthansa has now said goodbye to the sale of its insurance subsidiaries, which was envisaged in 2023. Lufthansa [...]