24/11/2022 – In the short term, inflation will have the greatest impact on insurance companies, premiums and claims benefits will increase, consultants must prevent a wave of write-offs. Greater damage can also be expected from climate change, but the current situation of impending recession is slowing the trend towards sustainable action. In the long run, … Read more
12/10/2022 – The federal capital Berlin has the worst loss toll of any major German city in automobile liability and comprehensive insurance. Ulm has the highest damage index in partial coverage insurance. It looks best in Cottbus (motor vehicle liability insurance), Paderborn (fully inclusive) and Erlangen (partially inclusive). This is demonstrated by the detailed data … Read more
August 8th, 2022 – The costs for starting a new dental practice can amount to up to 600,000 euros, depending on the focus. The mediation of a practice inventory insurance is correspondingly demanding. Consultation topics here are, for example, the aspects of underinsurance and determination of the sum insured. The insurance expert Nicole Gerwert describes … Read more
June 27, 2022 – Allianz Direct, HDI and DA Direkt recorded the largest premium declines in motor insurance from 2015 to 2020. According to the “Industry Monitor 2015-2020: Motor Insurance” by VERS Leipzig, five other players from the top 50 in terms of premium income shrank. The premium volume in motor vehicle insurance (total) has … Read more
06/07/2022 – In accident insurance, Bafin processed 147 complaints in 2021, around a seventh fewer than in the previous year. On average, there were around 0.2 complaints per 100,000 insured risks. The fire partnership had the highest rate of complaints (nearly nine complaints per 100,000 insured risks). Most of the market sizes performed better than … Read more
May 30, 2022 – The chairman of the consumer protection association Peter Kolba has his sights set on life insurance contracts with an option to pay in installments. A first lawsuit has now been filed against Generali. This explains that the products are legally compliant and transparent. ADVERTISING – – At the beginning of April … Read more
May 19, 2022 – The business magazine Capital asked five insurers about their acceptance practices for potential new customers who have gone through a corona infection. As was the case more than a year ago, the companies report that Corona is treated like any other disease in the risk assessment. It is not planned to … Read more
May 3, 2022 – The market standards defined by Infinma in disability insurance are (over) met by 16 tariffs offered in Germany by eight providers. The leading group includes Continentale, Credit Life, Dialog, Europa, Hannoversche, Metallrente, Volkswohl Bund and Zurich Deutscher Herold. ADVERTISING – – Die Infinma Institute for Financial Market Analysis GmbH has re-examined … Read more
January 14, 2022 – Eleven market participants achieved combined ratios of less than 75 percent in 2020. The most profitable was the Cosmos, which spent just 36 percent of revenue on claims and costs. The Volkswohl Bund and the Mecklenburgische have improved particularly strongly. This can be found in the “Industry Monitor 2015-2020: Liability Insurance” … Read more
January 11, 2022 – 2021 brought another decline in corporate insolvencies. This trend is now likely to have come to an end. Since the third and especially the fourth quarter, Creditreform has registered a “normalization” of insolvency events. In the credit and insurance sector, 70 bankruptcies were counted, and the insolvency rate in the sector … Read more