# Rheinisch-Westfälische Sterbekasse

Rheinisch-Westfälische Sterbekasse is an Insurance based in Berlin, Germany.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Berlin, Germany
- **Region:** Europe
- **Address:** Kochstraße 26, 10969 Berlin, Germany
- **Founded:** 1913
- **Assets under management:** 3.57B (Altss estimate)
- **Website:** www.ideal-versicherung.de
- **LinkedIn:** https://linkedin.com/company/ideal-versicherung

## Regulatory record

- **Reports private funds:** No

## About

Founded in 1913 as a burial fund, Rheinisch-Westfälische Sterbekasse (trading as IDEAL Versicherung) has spent over a century evolving into a mutual life insurer focused on clients over 50. The firm is structured as a Versicherungsverein auf Gegenseitigkeit — it has no outside shareholders, so underwriting profits flow back to policyholders. Former CEO Rainer M. Jacobus returned in June 2024 as Chairman of the Supervisory Board while Madeleine Bremme directs capital investment management. IDEAL deploys its balance sheet across three main asset classes: direct commercial real estate, private credit, and a traditional insurance general account. Real estate holdings include the IDEAL headquarters on Kochstraße in Berlin, a mixed-use property on Bessemerstraße, another commercial asset on Nürnberger Straße, and a notable hospitality asset — the Hotel Grand Tirolia in Kitzbühel, Austria, co-owned with Othmar Seidl. The private-debt portfolio is domestically focused, originating loans to German companies. The firm's investment posture is self-directed; there is no evidence of material fund commitments to external managers. The firm participates in industry bodies GDV (the German insurance association) and commits to ESG reporting through PCAF and GRESB, reflecting a growing focus on carbon accounting for its property book. No additional offices outside Berlin are known. IDEAL's structural differentiator is the pairing of a staid Berlin insurance mutual with a direct Austrian luxury hospitality investment — a configuration that blends a domestic deflation-hedge asset base (German real estate and private loans) with a hard-asset play in Alpine leisure. The governance sits with a Supervisory Board featuring former CEO Jacobus, while the charitable arm Ahorn Kultur GmbH provides a modest philanthropic outlet. No succession plan or external co-investor club structure is publicly detailed.

## Sectors

- Insurance
- Real Estate
- Private Credit
- Healthcare

## People

- Rainer M. Jacobus — Founder; Supervisory Board Member
- Maximiliane Bremme — Board Member, Capital Investment Management
- Marc Schwetlik — Chief Investment Officer; Board Member

## Questions

### Who runs investment decisions at Rheinisch-Westfälische Sterbekasse?

Marc Schwetlik serves as Chief Investment Officer and board member. Maximiliane Bremme oversees capital investment management on the board. Rainer M. Jacobus sits on the supervisory board.

### Does Rheinisch-Westfälische Sterbekasse participate in fund commitments or only direct deals?

The firm holds limited-partner positions in Earlybird Health Funds and BTG Bridge to Growth. It also acts as co-investor in VENPACE. Direct real-estate ownership constitutes the largest deployment category.

### What asset classes dominate the portfolio?

Private debt represents 23.8 percent. Commercial real estate in Berlin and Austria forms a core allocation. Public equities account for 0.5 percent of the book.

### Where does Rheinisch-Westfälische Sterbekasse maintain real-estate exposure?

Properties sit in Berlin at Kochstraße 26, Bessemerstraße and Nürnberger Straße. A 49 percent stake exists in Hotel Grand Tirolia Kitzbühel through Kitz Immobilieninvest GmbH in Austria.

### How is the firm related to myLife Lebensversicherung AG?

myLife Lebensversicherung AG and HonorarKonzept GmbH are owned within the IDEAL Versicherungsgruppe; Rheinisch-Westfälische Sterbekasse is itself part of the IDEAL Group rather than the owner.

## Related profiles

- [Amen Bank](https://altss.com/profile/amen-bank)
- [Almenni Pension Fund](https://altss.com/profile/almenni-pension-fund)

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Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/rheinisch-westf-lische-sterbekasse

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