17.9.2024 – Johannes Prack and Herbert Orasche have founded the insurance agency Callidus. It specializes in boat and yacht insurance as well as charter and skipper insurance. The company operates in Austria, Germany, Slovenia and Croatia and advertises “simple online policy issuance”. A new broker specializing in yacht insurance is launching: Callidus Insurance Brokerage GmbH … Read more
The contribution assessment limits in social insurance are likely to rise significantly next year. This is according to a draft regulation from the Federal Ministry of Labor, which was first reported on Saturday by the “Bild” newspaper. The level of the contribution assessment limits is determined by wage and salary developments. Salary components above the … Read more
11.9.2024 – S&P has confirmed the “A” rating for the Gothaer Group. The Munich Re Group was upgraded to “AA”. Fitch continues to rate Alte Leipziger and Nürnberger at “A+”. Mylife Leben and Kieler Rück again received an “A” from Assekurata. In the Assekurata corporate rating, the ratings for Gartenbau-Versicherung, Württembergische Kranken and Mylife Leben … Read more
September 9, 2024 – Austria’s pension funds managed assets of 27.6 billion euros at the end of the first half of the year. The investment performance was 1.25 percent in the second quarter and 3.98 percent in the first half of the year. In total, just over a million people are registered in the pension … Read more
4.9.2024 Die Servicevalue GmbH and the editorial staff of the newspaper Daily Mirror wanted to know for the second time which insurance providers consumers are most satisfied with overall. According to the opinion researchers, the recently published study “Germany Monitor – Insurers 2024” is based on an online survey conducted between July and August. This … Read more
3.9.2024 – According to a study by Franke and Bornberg, Adam Riese offers the cheapest accident insurance for a 40-year-old office worker. The tariff was previously rated as “excellent” by the consulting firm. The editorial staff of the magazine Focus Money Insurance professional has in cooperation with the Franke and Bornberg GmbH Accident insurance was … Read more
The claims expenses of the 50 companies with the highest sales fell in 2022 – by up to over 90 percent. For almost every second player, however, expenses increased, at the peak by more than three quarters. The loss ratios were between under twelve and almost 72 percent. (Image: Wichert) more …A liability insurer had … Read more
September 2, 2024 – The claims expenses of the 50 largest market participants in liability insurance fell by five percent in 2022. However, 21 of them recorded increases of up to over 90 percent (Huk24). Baloise saw the biggest decline at 77 percent. The loss ratios were between 11.9 (Baloise) and 72 percent (BGV-Versicherung). This … Read more
8/29/2024 – Allianz Direct recorded the largest drop in premiums in motor liability insurance over a six-year period, at over 51 percent. Premium income at Cosmos, Axa and HDI each shrank by a good eighth. According to the “Industry Monitor 2017-2022: Motor Vehicle Insurance” by VERS Leipzig, premium income fell for twelve other players in … Read more
8/26/2024 – Almost three dozen of the 50 largest providers of motor liability insurance expanded their portfolios between 2017 and 2022. Rhion, which only entered the car insurance business in 2017, grew the most. It was able to increase by over 1,200 percent. This is shown by the “Industry Monitor 2017-2022: Motor Vehicle Insurance” by … Read more