Tag: Property insurance & liability insurance
Ranking 2023: The best travel cancellation insurance
Tonga Islands beach If the trip falls through due to illness, for example, travel cancellation insurance will at least compensate for the financial loss. (Photo: dpa) Cologne For the first…
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…
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…
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…
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 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…
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…
Bafin sees deficits in alternative investments
rate hike The pressure on insurers to invest in illiquid, higher-yielding asset classes is easing. (Photo: E+/Getty Images) Frankfurt, Munich The German life insurers are changing their investment policy –…
Insurers want a fresh start – away from the unpopular Riester pension
Active in old age The high cost of living means that many people are putting less money into retirement provision – despite a rise in interest rates. (Photo: imago images/Westend61)…
Bavaria pays part of the insurance premiums for farmers
Munich The increasing threats posed by climate change are leading to new insurance concepts for agriculture, which is particularly affected. Bavaria is the first federal state to decide that the…
More consumers are switching car insurance
car insurance In times of high inflation, many people willing to switch do not find cheaper alternatives. (Photo: IMAGO/McPHOTO) Frankfurt The rising prices in motor insurance meant that significantly more…
Munich Re: Insurers under pressure
Munich A growing number of severe natural catastrophes have caused severe damage on all continents in the past year. Hurricane Ian, which hit the west coast of Florida at the…
“The sustained resilience that was regained was anything but a sure-fire success.”
Dusseldorf The insurer Ergo is confident that it can continue to grow profitably despite the current challenges. “We have worked hard in recent years to regain a strong market position,”…
Homeowners insurance will be up to 30 percent more expensive in 2023
Residential building fire Insurance coverage will be significantly more expensive in 2023. (Photo: imago images/7aktuell) Frankfurt Consumers have to be prepared for significant premium increases in residential building insurance. Brokers…
Federal Minister of Justice Buschmann: “Countries can introduce compulsory insurance”
Berlin A mandatory insurance against natural hazards for buildings desired by the federal states will not be implemented by the federal government for the time being. Federal Minister of Justice…
That’s why some oil tankers can’t get through the Bosphorus
Russian oil tanker Some oil tankers are currently prohibited from passing through the Bosphorus Strait. (Photo: dpa) Istanbul Ships are piling up on the Bosporus – and there are no…
Allianz Direct plans to expand
In the coming year, after the end of the summer holidays, the market entry in France will take place as the fifth European unit, according to Kroetz. It is currently…
Allianz Direct plans to expand
In the coming year, after the end of the summer holidays, the market entry in France will take place as the fifth European unit, according to Kroetz. It is currently…
That’s what life insurers like Allianz say
alliance The insurance group is preparing investors for the introduction of new accounting rules. (Photo: dpa) Frankfurt After a long period of preparation, new accounting standards for insurers will come…