Hiscox: “The greatest risk in digital events is technology”

Hiscox: “The greatest risk in digital events is technology”

November 20, 2020 – The demand for securing hybrid and digital events rose rapidly in the corona year. The specialty insurer Hiscox is recording significant growth in new business here. Hiscox manager Peter Pillath spoke to VersicherungsJournal about risks, coverage, the uncertainty factor technology, claims and prospects. For three years the Hiscox SA, branch for … Read more

Difficult evidence after storm damage – VersicherungsJournal Deutschland

Difficult evidence after storm damage – VersicherungsJournal Deutschland

November 20, 2020 – If an insured cannot conclusively prove that their building was damaged in a storm in accordance with the insurance conditions, their insurer is not obliged to pay. The Saarland Higher Regional Court ruled that on October 9, 2020 (5 U 61/19). One of the homeowners had taken out storm damage insurance … Read more

ING brings a new offering in Austria with Axa

ING brings a new offering in Austria with Axa

20.11.2020 The ING-Diba Austria branch recently offers one Credit protection for consumer loans, this in cooperation with the Axa. Credit protection is offered as an option in the course of the application for installment, home or car loans. In the application, no information on the state of health is required, explains the ING. Epidemics or … Read more

Uniqa better than expected after nine months

ING brings a new offering in Austria with Axa

November 20, 2020 – Uniqa was able to keep premium income and pre-tax earnings practically constant in the first nine months compared to the same period of the previous year. The expense for insurance benefits has decreased and the underwriting result has doubled. The downside: persistently high costs and poor investment income. The first nine … Read more

Actuaries are concerned about pandemic disruption

Actuaries are concerned about pandemic disruption

November 17, 2020 – The effects of the Covid-19 pandemic on the insurance industry were the topic of the first day of the autumn meeting of the German Association of Actuaries. Among other things, government assistance with the business closure insurance was called for. The Covid-19 pandemic is expected according to the German Actuarial Association … Read more

Citizens’ Attorney: Dispute over waiting period in the event of business interruption

ING brings a new offering in Austria with Axa

11/10/2020 – After his old business interruption insurance was about to expire, a freelance advertising specialist took out new insurance through a multiple agent. He was not told that there was a waiting period. When he became seriously ill shortly afterwards, the insurer refused to pay. The ORF citizens’ attorney was mainly concerned with the … Read more

WWK extends the scope of services for the vehicle tariff

WWK extends the scope of services for the vehicle tariff

4. November 2020, 12:13 In time for the exchange business, WWK Allgemeine is expanding the scope of its vehicle tariffs. Among other things, the conditions for automated and autonomous driving were specified. In the Kfzplus tariff variant, there is now also insurance cover in the event of roof avalanches or if door and ignition locks … Read more

Basic skills protection does not cannibalize the BU insurance

Basic skills protection does not cannibalize the BU insurance

November 4, 2020 – The basic skills protection is an additional product for the protection of the workforce, which is taken out by a different customer group than the occupational disability insurance. This is what Klaus-Peter Klapper, Head of Product and Sales Marketing Biometrics at Stuttgart Life Insurance, says. In an interview, he explains his … Read more

New York hit hardest by slump in luxury real estate

New York hit hardest by slump in luxury real estate

– Manhattan skyline According to real estate agent Knight Frank, only 41 properties were sold for $ 10 million or more in New York, up from 137 last year. – (Photo: AFP) – – – – New York Sales of New York’s most exclusive residential properties plummeted 70 percent in the first half of the … Read more

Land charge versus mortgage – IMAGE Marketing GmbH | News

Very few builders can finance their planned property entirely with equity. As a rule, funding is requested from the bank for assistance, which in return requires a security for the borrowed money. As a safeguard, the credit institute receives an entry in the land register of the relevant property for its service and can dispose … Read more