With more than 8 million customers, more than 24 million insurance contracts and more than 15 billion euros in premium income (R+V Group, HGB 2015), R+V Versicherung is one of Germany's leading insurance companies. Its roots go back to the 19th century and are closely linked to the cooperative philosophy of Friedrich Wilhelm Raiffeisen and Hermann Schulze-Delitzsch. Committed to the idea of mutual aid, the first cooperative-owned insurance institution was established in 1898 in the form of a pension fund.

The "founding year" of R+V Versicherung is 1922, when Raiffeisen Allgemeine Versicherungsgesellschaft für die Sachversicherung and Raiffeisen Lebensversicherungsbank were established as a life insurance company in Berlin. In 1932, they merged with the Regeno companies, which were established at the same time, to form a uniform cooperative insurance group for the entire German Reich. The cooperatives lost their political independence when they were brought into line in 1933. During the Second World War, the insurance company's head office building in Berlin and most of the business premises were destroyed and the business records destroyed.

Reconstruction began in May 1945. Berlin's increasingly isolated location made it necessary to relocate to West Germany. In December 1948, R+V Versicherung relocated its head office to Wiesbaden, where it became the company's sole headquarters in 1966. In 1971, the "R+V Tower" was built on Kureck, which was sold in 2007. Today, the headquarters of R+V Versicherung are located in John-F.-Kennedy-Straße and Raiffeisen-Platz. Traditionally associated with the Raiffeisen banks, business cooperation with the Volksbanks became increasingly important for the company in the early 1950s: the insurance group's customer base now increasingly extended to trade, crafts and commerce as well as medium-sized industry.

On the initiative of Deutsche Genossenschaftskasse, the predecessor institution of DZ Bank AG, the Raiffeisen Insurance Group and the local cooperative banks intensified their cooperation in 1958. The company name of the group was now Raiffeisen- und Volksbanken-Versicherung. Since 1973, the company has officially been called R+V Versicherung. At the beginning of the 1990s, the insurer and the cooperative financial group grew even closer together. R+V Versicherung is owned by DZ Bank and the Volksbanken and Raiffeisenbanken.

R+V Versicherung employs more than 15,000 people (as at the end of 2015), more than 5,000 of whom work in Wiesbaden. As the city's largest private employer, R+V is involved in local charitable social and civic initiatives that are in line with the cooperative philosophy of "helping people to help themselves".