Tag: insurance
Zurich & Axa more popular with US investors than Allianz
Zurich insurance group Investors see the stock as a safe haven. (Photo: IMAGO/Future Image) Frankfurt It’s an interesting outsider’s view of the European insurance market: in the currently difficult capital…
Ergo and the historical sex journeys
Dusseldorf Perhaps the Ergo leadership would have been spared a lot if they hadn’t tried to deny the inevitable. In May 2011, the Handelsblatt uncovered the sex trip to Budapest…
Bäte relies on a quick solution to the hedge fund debacle
It was an unusually uncomfortable event for Allianz: At the Annual General Meeting on Wednesday, which was also held virtually this year, shareholders vented their anger at the US hedge…
Bäte relies on a quick solution to the hedge fund debacle
Allianz boss Oliver Bäte The insurer faces penalties from the US Department of Justice. (Photo: imago images/sepp spiegl) Munich Allianz boss Oliver Bäte gives shareholders hope for a quick settlement…
Hannover Re confirms profit target
Hannover Re Reinsurers are currently confronted with the consequences of the war and the pandemic, but also with losses from natural catastrophes. (Photo: dpa) Frankfurt Despite higher losses from natural…
Bafin warns of consequences of the Ukraine war
Bafin President Mark Branson The head of the financial supervisory authority expects interest rate increases in the near future. (Photo: Jann Höfer for Handelsblatt) Frankfurt The financial regulator Bafin warns…
Germany is up in arms against deposit insurance
Berlin, Frankfurt, Brussels Eurogroup boss Pascal Donohoe wants to tackle one of the most contentious issues in Europe’s financial architecture. According to EU circles, he will present a two-phase model…
Allianz balance sheet check: record result with flaws
Allianz balance sheet check In the operative business, things are running smoothly for the insurer. (Photo: Getty Images (M)) Munich, Frankfurt It could be a show with numerous words of…
“All Germans are underinsured”: The inflation dilemma of life insurance
Dusseldorf Life insurance is one of the most popular old-age provision products for German policyholders. “At the turn of the year, around 83 million life insurance policies were taken out,”…
Reinsurer attracts with high dividends
CEO Joachim Wenning For the current year, Munich Re expects the war in Ukraine to have an impact. (Photo: Munich Re) Munich Despite the major global threats of war, pandemics,…
Virtual showdown at Germany’s second largest insurer
Philippe Donet A milestone for Venice, but also a very personal one for the Generali CEO. (Photo: ROPI) Venice At the beginning of April, Philippe Donnet was walking across Venice’s…
Allianz: Annual General Meeting – Surprising personnel with consequences
Oliver Bäte (on the left) and Michael Diekmann The Allianz supervisory board chairman (right) wants to stay longer than planned – with possible consequences for the CEO. (Photo: Alliance) Munich,…
Thus the pleasure trip to Budapest was uncovered
Dusseldorf For decades, the advertising character “Mr. Kaiser” of the Hamburg-Mannheimer insurance company was the epitome of German virtues: polite, helpful and always up to date in the German insurance…
The hopeless fight against inflation
Munich It is currently the greatest challenge for Germans’ old-age provision: Inflation has been rising for months, and in March inflation climbed to 7.3 percent. On the other hand, customers…
“There will always be more acute issues in the short term”
Joachim Wenning The CEO of the Dax group Munich Re does not expect any departure from globalization as a result of the Ukraine war. (Photo: Joerg Fokuhl/laif) Munich Mr. Wenning,…
Subsidiary AGCS warns of damage caused by business interruptions
After the flood in the Ahr valley Natural disasters can currently cause significant financial problems for companies. (Photo: dpa) Frankfurt A major fire broke out in Hamburg-Bahrenfeld a few days…
Subsidiary AGCS warns of damage caused by business interruptions
After the flood in the Ahr valley Natural disasters can currently cause significant financial problems for companies. (Photo: dpa) Frankfurt A major fire broke out in Hamburg-Bahrenfeld a few days…
Helden.de: Start-up relies on animal insurance
Insurance for animals Insurtech Helden.de wants to offer pet insurance via a platform. (Photo: dpa) Dusseldorf When you click through the Helden.de website, you could almost think you’ve landed on…
Car owners are upset: Record hike in traffic insurance
Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has published a new general for compulsory traffic insurance premiums. According to the news of Sözcü, compulsory traffic insurance 2.25 percent…
Traffic Insurance Will Get Raise Every Month Until the End of the Year
Insurance and Private Pension Regulation and Supervision Agency (SEDDK) decided to increase the compulsory traffic insurance premiums by 2.25 percent every month. With the new decision, the increase to be…