Tag: insurance
US deposit insurance fund wants to find buyers for SVB in second attempt
Users of the new Fed lending program remain anonymous – protection against stigma The US Federal Reserve assures users of the loan program launched after the recent turbulence in the…
Conflicts between fintechs and Bafin are increasing
Mark Branson The Bafin boss finds some processes in the crypto business scandalous. “There were providers who were obviously amateurish and infantile,” he criticizes. (Photo: dpa) Frankfurt Hardly anyone in…
Insurer raises dividend – forecast confirmed
Hannover Re According to preliminary figures, the third-largest reinsurer in the world had already reported a net consolidated profit of 1.41 billion euros at the beginning of February. (Photo: imago/Rust)…
Countries require nationwide compulsory insurance for natural hazards
Flood disaster in the Ahr Valley, July 2021 As early as June 2022, the Prime Ministers’ Conference had spoken out in favor of introducing compulsory insurance for natural hazards. In…
How economists and politicians want to save the health insurance companies
rescue vehicle The emergency call was not even necessary for every call. (Photo: mauritius images / Wolfgang Filser) Berlin Federal Minister of Health Karl Lauterbach (SPD) has apparently put the…
Federal Insurance Company (FDIC) Seeks Ways to Save Silvergate!
According to Bloomberg’s report, Federal Deposit Insurance Corporation (FDIC) officials, troubled crypto-focused bank Silvergate Capital’s It talks with its executives about how they can keep the company afloat. Silvergate Talks…
How a former Lego manager turned the Zurich insurance group inside out
Zurich For a long time, the printer case was probably the most unwieldy work tool at Zurich. However, it used to be common for the agents of the largest Swiss…
Life insurers feel lower demand in 2022
detached house Insurers can grant real estate loans with long fixed interest rates. (Photo: dpa) Frankfurt When it comes to real estate financing, consumers do not think of life insurers…
Insurance ranking 2023: The best policies
Property damage in the household A burst water pipe in your home can be very expensive. (Photo: dpa) Cologne Inflation is also affecting the insurance industry. The rising prices for…
Insurer shares score with increasing dividends
Frankfurt Insurance stocks are popular with investors for one reason in particular: Allianz and its peers are known to be reliable dividend payers. Shareholders can look forward to higher distributions…
Munich Re is on course for a profit of four billion euros
Munich RE The reinsurer continues to grow profitably. (Photo: dpa) Munich Despite a large number of different major claims, Munich Re exceeded its own expectations in the past financial year.…
Companies demand courage in sustainable transformation
Frankfurt German insurers want to play an important role in the sustainable transformation of the economy. As institutional investors, they have recently made great efforts to make their investments more…
The split relationship with investors
But the reaction on the capital market was anything but friendly: with a minus of more than five percent, the share was by far the biggest loser in the Dax…
The 14 billion euro risk for the financial sector
customer advisory If there were a ban on commission, many banks and intermediaries would have to change their business models and switch to an ongoing service fee. (Photo: E+/Getty Images)…
ChatGPT could lead to more insurance fraud
Frankfurt The use of artificial intelligence (AI) is playing an increasingly important role in the insurance industry. Especially in claims processing, AI-based systems help to simplify and significantly accelerate settlement.…
Allianz continues to face major challenges
Munich, Frankfurt Despite a record profit last year, Allianz faces enormous challenges. “We have to make Allianz more resilient because there is an increasing number of external shocks that we…
Insurer makes a mini profit in 2022 – and attracts dividends in 2023
Swiss Re in Zurich The reinsurer closes 2022 with a small profit. (Photo: Reuters) Zurich The reinsurer Swiss Re ended the past financial year in the black after all: the…
Allianz exceeds expectations with record operating profit
Munich Allianz closed the crisis year 2022 with a record profit. Europe’s largest insurer achieved an operating result of 14.2 billion euros, 5.7 percent more than in 2021. Analysts had…
Allianz exceeds expectations with record operating profit
Allianz insurance The German group can increase its operating profit. (Photo: dpa) Munich Germany’s largest insurance group, Allianz, once again generated record results last year, exceeding analysts’ expectations. Allianz increased…
Ceconomy increases sales over Christmas
Data specialist Palantir – 2023 will be the first profitable year The controversial US data analysis firm Palantir assumes that 2023 will be the first profitable year. The company announced…