ERGO Group AG came into being at the end of 1997 by the fusion of Victoria Holding AG and Hamburg-Mannheimer AG; the latter evolved from Hamburg-Mannheimer Versicherungs-AG, the life insurance company of Hamburg-Mannheimer-Gruppe.
ERGO Versicherungsgruppe AG tekkis 1997. aastal Victoria Holding AG ja Hamburg-Mannheimer AG ühinemisel, viimase eelkäijaks oli Hamburg-Mannheimeri kontserni elukindlustusselts Hamburg-Mannheimer Versicherungs-AG.