Tag: insurance
It could be compulsory insurance
Berlin, Frankfort Before the start of the Ministers of Justice Conference this Wednesday, North Rhine-Westphalian Minister of Justice Peter Biesenbach (CDU) is campaigning for compulsory insurance for natural hazards. “The…
“Every business model has to be self-sustaining”
Munich It was the biggest change in the history of insurance giant Allianz in Germany. About a year ago, the Dax group announced the end of its German national company.…
Billionaire Bill Miller: “Insurance” Against Bitcoin (BTC) Financial Disaster
Bill Miller, the billionaire founder and Chief Investment Officer of investment firm Miller Value Partners, said he sees Bitcoin (BTC) as “insurance” against financial disaster. Billionaire Bill Miller, 24 May…
Savings banks and Volksbanks warn of Germany collapsing in deposit insurance
Helmut Schleweis and Marija Kolak The Savings Bank President and the BVR President fear that the EU deposit insurance could unsettle customers. (Photo: Uta Wagner (2)) Frankfurt Helmut Schleweis, President…
The number of children must be taken into account when making contributions to long-term care insurance
family with child For parents with children, the contribution rates for long-term care insurance should probably change. (Photo: dpa) Karlsruhe The Federal Constitutional Court ensures that parents with several children…
Allianz is free from legacy
Alliance logo Investors are now turning their attention back to the operative business. There are challenges here too. (Photo: dpa) Munich The vast majority of Allianz shareholders breathed a sigh…
Allianz is free from legacy
Alliance logo Investors are now turning their attention back to the operative business. There are challenges here too. (Photo: dpa) Munich The vast majority of Allianz shareholders breathed a sigh…
Discussion about the future of the subsidiary AGI
US Department of Justice The scandal surrounding the “Structured Alpha” fund of the Allianz subsidiary AGI becomes a criminal case. (Photo: Xinhua/eyevine/laif) Munich When all bills have been paid, all…
US Department of Justice: Allianz fund managers defrauded investors
Frankfurt, Munich, New York The scandal surrounding failed hedge fund strategies has reached a new level for the Munich insurer Allianz. In a settlement with the US Department of Justice,…
Federal Ministry of Finance loosens its access to the Bafin
Bafin In the billion-dollar Wirecard balance sheet scandal, the Bafin was accused of extensive failure. (Photo: dpa) Berlin The Federal Ministry of Finance (BMF) will give the financial supervisory authority…
25 Percent Increase in Traffic Insurance Premiums
With the amendment in the Regulation on the Highways Motor Vehicles Compulsory Liability Insurance published in the Official Gazette, a 25% increase in traffic insurance has come. In addition to…
R+V boss sees good opportunities for life insurance
Norbert Rollinger The R+V boss sees life insurance becoming more attractive again because of the interest rate turnaround. (Photo: Bernd Roselieb for Handelsblatt) Frankfurt Mr. Rollinger, some time ago you…
Banking Union: Savings platforms promote EU deposit insurance
Frankfurt, Brussels, Berlin Eurogroup boss Paschal Donohoe had to take a lot of criticism last week for his proposal to introduce a European deposit insurance. But now he is getting…
Bafin boss Branson brings another Finma manager to the Board of Directors
Mark Branson The Bafin boss wants to reorganize the financial supervision. (Photo: dpa) Frankfurt Bafin boss Mark Branson is getting reinforcements from his previous employer for the expanded board of…
Hapag-Lloyd expects recovery in transport chains – expenses for World Cup slow down profits of Pro Sieben Sat.1
Knorr-Bremse suffers from rising costs – planned sale of subsidiary The train and commercial vehicle supplier Knorr- Bremse is feeling the effects of the rising costs for raw materials. Of…
Allianz suffers from severe natural disasters
Munich In the first quarter, Allianz recorded the highest claims burden from natural catastrophes in ten years. Flooding in Australia and storms Zeynep and Ylenia in Europe weighed heavily on…
Hapag-Lloyd sees light on the horizon when it comes to transport chains – Spending on the soccer World Cup slows down profits at ProSiebenSat.1
Knorr-Bremse suffers from rising costs – planned sale of subsidiary The train and commercial vehicle supplier Knorr- Bremse is feeling the effects of the rising costs for raw materials. Of…
Allianz continues to work through hedge fund debacle
Allianz Insurance in Berlin The high provisions put pressure on profits. (Photo: imago images/Schöning) Munich Allianz has to dig deeper and deeper into its pockets for its failed hedge fund…
Despite rising prices, K+S expects continued high demand for fertilizers – Siemens Energy is struggling with its Spanish problem subsidiary
The online luxury fashion retailer MyTheresa only grew slightly at the start of the year due to the Ukraine war and the corona outbreaks in Asia. Of the From January…
Insurers are demanding an early extension of the state guarantee
Christmas market at Berlin’s Breitscheidplatz In theory, the terror insurer Extremus would have had to pay after the attack – but the financial damage suffered by the insured was below…