Tag: Frank Grund
Julia Wiens becomes Bafin’s new insurance supervisor
Julia Wiens The qualified mathematician began her career in 1994 at the life insurer Securitas Gilde. (Photo: Baloise) Frankfurt Baloise board member Julia Wiens will be the top insurance supervisor…
Against the cost pressure: insurance premiums could rise
car accident In motor vehicle insurance, consumers must expect further increases in premiums. (Photo: dpa) Frankfurt Insurance customers must be prepared for further increases in premiums. The premium adjustments made…
Bafin warns insurers to be careful when paying dividends to shareholders
BaFin in Frankfurt The head of insurance supervision, Frank Grund, is preparing the industry for difficult times. (Photo: Bloomberg) Frankfurt In view of the current challenges, the financial regulator Bafin…
Life insurers have to adjust to less business
Frankfurt At first glance, rising interest rates are good news for life insurers and pension funds. Investments offer them opportunities for higher returns. They can also more easily meet the…
Life insurer has problems with payments
Munich, Frankfurt Marika K has to show strong nerves: she has been in contact with the life insurer Proxalto for weeks. The insured is waiting for the payment of her…
Life insurers: old-age provision becomes a loser
Munich Despite low interest rates and ever weaker returns, Germans remained loyal to their preferred form of old-age provision for many years. But now savers’ love of life insurance is…
Supervisors warn of serious hacker attacks on insurers
Munich It was only seven words, but the sentence was enough to put an industry on alert: “Insurers are a popular target for cyber attacks,” said Frank Grund, executive director…
The Ukraine war and shaky stock markets are affecting financial start-ups
Frankfurt Neobank Penta needs money again. The Berlin company wants to collect 40 million euros. But it could be one of the first financial technology start-ups to feel that money…
Around 40 pension funds in financial distress
Bafin headquarters Almost ten million Germans have taken out their occupational old-age provision through their employer’s pension fund. (Photo: Bloomberg) Frankfurt, Munich The end of the tax consultant pension fund…
Bafin is closing the pension fund for tax consultants
Bafin lettering The German financial supervisory authority is also responsible for the local pension funds. (Photo: Reuters) Munich The supervisors of the Bafin have revoked the license for the pension…