Tag: Life insurance
Favorite insurance of the Germans causes trouble
shadows of passers-by For decades, life insurance has been the favorite investment of Germans alongside savings accounts. (Photo: Stone/Getty Images) Munich The dissatisfaction of customers of the life insurer Proxalto…
Favorite insurance of the Germans causes trouble
shadows of passers-by For decades, life insurance has been the favorite investment of Germans alongside savings accounts. (Photo: Stone/Getty Images) Munich The dissatisfaction of customers of the life insurer Proxalto…
Favorite insurance of the Germans causes trouble
shadows of passers-by For decades, life insurance has been the favorite investment of Germans alongside savings accounts. (Photo: Stone/Getty Images) Munich The dissatisfaction of customers of the life insurer Proxalto…
Only four of the twelve largest in Germany are economically strong
Frankfurt Life insurers have longed for rising interest rates for years. This way they can invest their customers’ money again on better terms. However, this has by no means solved…
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…
Gaps between life insurers widen
Frankfurt Rising interest rates are good for life insurers in the long run – but some providers will benefit more than others. Herbert Schneidemann, head of the German Association of…
That’s what matters in the second half of the year
Alliance logo The insurer’s shares came under pressure after the quarterly figures were announced. (Photo: dpa) Munich Allianz exceeded analysts’ expectations in the second quarter. However, high burdens from provisions…
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…
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…
“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,”…
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…
Credit Suisse’s legal dispute with Georgia’s former prime minister Ivanishvili enters the next round
Bidzina Ivanishvili The billionaire and former Georgian prime minister was the victim of a fraudulent Credit Suisse client advisor. (Photo: PD) Zurich Credit Suisse suffered a defeat in a long-standing…
Threatening defeat in legal battle against oligarch
Bidzina Ivanishvili The billionaire and former Georgian prime minister was the victim of a fraudulent Credit Suisse client advisor. (Photo: PD) Zurich Once again, a legacy may cost Credit Suisse…
Fierce Bafin criticism of fund policies from life insurers
“The Bafin investigation is a real hammer,” says Professor Hermann Weinmann from the Institute for Finance at the Ludwigshafen University of Applied Sciences. It shows that there has been a…
We want to dovetail asset management and life insurance even more closely.
Frankfurt, Munich Andreas Wimmer is currently doing two jobs at the same time in the Allianz Group: he has been a member of the Board of Management of Allianz SE…
Life insurance is at a turning point
Interest on life insurance High guarantees from the past are a heavy burden for life insurers. (Photo: dpa) Frankfurt Life insurance with a guaranteed interest rate was the favorite investment…
Life insurance is at a turning point
Interest on life insurance High guarantees from the past are a heavy burden for life insurers. (Photo: dpa) Frankfurt Life insurance with a guaranteed interest rate was the favorite investment…
Life insurance is at a turning point
Interest on life insurance High guarantees from the past are a heavy burden for life insurers. (Photo: dpa) Frankfurt Life insurance with a guaranteed interest rate was the favorite investment…
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,…
Sparkasse fund subsidiary Deka withdraws from the Riester pension
Dekabank lettering Riester providers are legally obliged to guarantee 100 percent of the contributions paid by pension savers and state allowances. That is becoming increasingly difficult – many companies are…