Tag: Property insurance & liability insurance
What financial advisors are advising clients to do with higher insurance premiums
accident research If the costs for repairs increase due to inflation, the costs for the insurer and consequently for the insured increase. (Photo: dpa) Cologne Insurance brokers have a lot…
Insurer Zurich is increasingly focusing on prevention
Frankfurt The insurer Zurich expects that in view of the many new risks, companies will not always be able to find suitable insurance cover in the future and is therefore…
Oliver Bäte prefers to look for mistakes in others
The result doesn’t really give reason to be in a bad mood: Allianz has presented record figures – once again. In operational terms, the Munich-based insurer earned 3.5 billion euros…
Car insurance in the test: These providers are convincing
accident car Car insurance premiums are increasing. (Photo: imago images/Future Image) Cologne The rising prices are noticeable in the car industry. Spare parts cost more because energy is becoming more…
Bafin warns insurers to be careful when paying dividends to shareholders
BaFin in Frankfurt The head of insurance supervision, Frank Grund, is preparing the industry for difficult times. (Photo: Bloomberg) Frankfurt In view of the current challenges, the financial regulator Bafin…
Motor vehicle insurers are raising prices sharply for 2023 – those who switch can save
Change by the end of November: save on car insurance According to Stefan Schuttermair, the savings potential when changing car insurance providers is particularly high this year. (Photo: dpa-tmn) Frankfurt…
Hannover Re expects these price increases
fender bender There are more people on the streets again. As a result, more accidents happen. (Photo: imago stock&people) Baden-Baden The world’s third-largest reinsurer, Hannover Re, believes it is necessary…
Reinsurers are feeling the effects of the multi-crisis
Munich, Frankfurt When the big reinsurers gather for the traditional meeting with their customers in Baden-Baden starting at the weekend, everything may seem the same at first glance. Just like…
Numerous insurers complain about a shortage of skilled workers
Businesswoman on her way to the office Insurers are desperately looking for new staff. (Photo: OJO Images/Getty Images) Frankfurt It’s a topic that affects many industries, but poses particular problems…
Insurers demand fewer new parts for vehicle damage
Workshop Porsche Center in Stuttgart An appraiser checks the paintwork of a Porsche sports car in the workshop at the Porsche Center in Stuttgart. (Photo: dpa) Munich The alliance demands…
Reinsurers face major challenges
Frankfurt Thomas Blunck sees his industry faced with major challenges in view of the extreme inflation, rising interest rates and the slide in prices for capital investments. “The situation in…
These factors could continue to weigh on reinsurers
floods in Australia Already in the first half of the year, reinsurers are reporting high losses from natural catastrophes. (Photo: IMAGO/AAP) Frankfurt Due to high losses from natural catastrophes and…
These are the best insurance policies for 2022
emergency doctor on duty Accidents can suddenly present people with the challenge of redesigning their lives. Insurance can cushion financial losses. (Photo: Imago/Westend61) Dusseldorf An accident can have dramatic consequences.…
How inflation and the turnaround in interest rates are affecting insurers
Munich It is a mixture that makes even long-time industry experts such as Jefferies analyst Philip Kett speak of a “complex matter” for European insurers: with the Russian war of…
Motor insurers under pressure: car insurance is likely to become more expensive
The insurers cited the strong claims inflation in the first half of the year as the reason. Berenberg analyst Thomas Bateman is convinced: “The only way out for car insurers…
Gas stop is not insurable for companies
gas hob In Europe, there could be a distribution battle over gas in winter. (Photo: IMAGO/Jochen Eckel) Frankfurt If their production is temporarily stopped because of gas rationing, companies cannot…
These are the best insurers in 2022
Cologne The digital insurer Wefox relies on pure emotion in the competition for attention. The German-Swiss insurtech signed shirt sponsorship deals with Italian soccer champions AC Milan and Bundesliga club…
Supervisors warn of serious hacker attacks on insurers
Munich It was only seven words, but the sentence was enough to put an industry on alert: “Insurers are a popular target for cyber attacks,” said Frank Grund, executive director…
Many lessons – few measures
Ahr Valley, Erftstadt When storm “Bernd” caused devastating floods in the Ahr Valley, Erftstadt and other regions almost a year ago, it was initially eerily quiet in the Zurich Insurance…
Insured persons are threatened with higher prices for home and car policies
storm damage Losses from natural disasters are expected to be above average again this year. (Photo: dpa) Frankfurt German property-casualty insurers are again burdened by high damage costs from natural…