The group operates in the life, private health, property/casualty and auto insurance segments as well as in the financial services sector, primarily in Germany and Austria.

The group's parent company, Nürnberger Beteiligungs-Aktiengesellschaft, is listed on the stock exchange and trades in the over-the-counter segment Scale [de] (formerly Entry Standard).

On September 28 of the same year, the Royal Bavarian State Ministry of the Interior granted permission to do business; in December 1884, the first life insurance certificate was issued.

In 1952, the company founded the subsidiary for non-life insurance, Nürnberger Allgemeine Versicherungs-AG, and six years later (1958) created the slogan "Protection and security under the sign of the castle" (Schutz und Sicherheit im Zeichen der Burg).

Garanta Versicherungs-AG has been offering special products as a professional insurer for the motor vehicle trade, its companies, their employees and customers since 1985.

The entire life insurance portfolio was transferred to a newly founded subsidiary, which took over the name Nürnberger Lebensversicherung AG.

Through participation in Fürst Fugger Privatbank KG, Augsburg, the insurer entered asset management for third parties in 1999.

The so-called Business Tower, located on the eastern ring road, is Bavaria's second-highest office building at 135 meters and 34 stories.

[11] Nuremberg also sponsors educational projects such as the Bavarian State Mathematics Competition,[12] the Long Night of the Sciences (until 2015), and the Institute of Insurance Economics at the University of Erlangen–Nuremberg.

Projects in the area of social sponsorship include therapeutic riding for Lebenshilfe Nürnberger Land e. V.,[17] Bibliothek im Koffer[18] and Bündnis für Familie.

[19] As part of the development and implementation of its sustainability strategy, Nürnberger launched its partnership with Bundesverband Kinderhospiz e. V.[20] in February 2020.