Tag: insurers
Recent winter storms cost insurers 1.6 billion euros
Much damage from fallen trees Above all, the north and center of Germany were affected by damage. (Photo: DPA) Munich The series of three severe storms in the past few…
German insurers want to grow faster again in 2022
Bad Neuenahr Even six months after the flood disaster on the Ahr, much of the damage has not yet been repaired. (Photo: imago images/Bonnfilm) Munich German insurers are looking to…
Insurers win dispute over restaurant closures
Karlsruhe As a rule, restaurateurs are not entitled to any compensation from the business closure insurance as a result of the officially ordered closure of restaurants and hotels in the…
How insurers deal with their legacy portfolios
Interest on life insurance High guarantees from the past are a heavy burden for life insurers. (Photo: dpa) Frankfurt, Munich The news came shortly before the turn of the year,…
Munich Re: Insurers on alert
Munich Insurance companies are facing a growing number of extreme weather events in the coming years. “Companies urgently need to adapt to increasing weather risks and make climate protection a…
Insurers pay record sums for natural damage
Ahr Valley For the reconstruction in the Ahr valley, the technical relief organization had built a makeshift bridge. (Photo: imago images / Marc John) Munich The year 2021 will go…
How life insurers reinvent themselves in times of need
Munich, Frankfurt The need is increasing from year to year, as the letters from life insurers to their customers have shown impressively in the past few days: R + V…
German credit insurers expect more company bankruptcies in 2022
Frankfurt The German credit insurers see the further economic development threatened by numerous risks. They therefore expect the number of corporate bankruptcies in Germany to rise again for the first…
Survey: Insurers’ money managers focus on investments outside the bond and stock markets
Alternative investments such as private equity, infrastructure or venture capital are becoming increasingly popular with professional investors in large insurers. Government bonds are not in demand. .source site
Insurance: Climate protectors certify that insurers lack ambitions when it comes to oil and gas exclusions
Only a few corporations completely or partially exclude the insurance of such projects. However, the industry receives praise for the increasing withdrawal from coal. .source site
Economy sees itself let down by insurers
A number of companies had already approached the German Chamber of Commerce and Industry (DIHK) with this problem, the Handelsblatt learned from several people entrusted with the topic. In some…
Insurers have already paid out 1.5 billion euros after the flood
Flood disaster The floods in July caused billions in damage. (Photo: dpa) Berlin After more than two months since the flood disaster in western and southern Germany, the insurance companies…
Why banks and insurers do not have to fear an in-depth examination in 2020
Frankfurt Many German banks and insurers should breathe a sigh of relief: Even for the 2021 financial year, they do not have to show their auditors how effectively they have…
Insurers in financial distress: fear for our life insurance – my money
Worry about the most popular investment among Germans – life insurance (82 million contracts)! the Federal financial supervision Bafin explained to BILD: Around 20 of around 80 life insurers are…
That is how stable German life insurers are
Retired couple Many consumers wonder if they can rely on their life insurance in old age. (Photo: dpa) Frankfurt There are pithy words that Bafin Executive Director Frank Grund chose:…