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
November 8th, 2021 – This year, the Grazer Wechselseite has given an award to Corina Madreiter-Sokolowski and her team from the Medical University of Graz for research on cell aging, specifically on the energy supply to mitochondria, which in turn produce energy for the cells of the human body are. Research is carried out with … Read more
September 20, 2021 – The worst damage balance among the major German cities has the federal capital Berlin in motor liability insurance as well as in full and partially comprehensive insurance. It looks best in Cottbus (motor vehicle liability), Paderborn (fully comprehensive) and Erlangen (partial comprehensive). This is shown by detailed data from the new … Read more
9/10/2021 – Cost pressure has increased for companies due to the behavior of insurers, Greco states. In addition to premium increases, new exclusions will also be applied; to this end, customers must improve their risk management. The D&O insurance market is particularly hardened. The domestic insurance broker Greco International AG invited to his “Risk Day” … Read more
September 2, 2021 – Among the major German cities with more than 500,000 inhabitants, the federal capital Berlin has the worst damage balance in motor vehicle liability insurance as well as in full and partially comprehensive insurance. It looks best in Bremen (motor vehicle liability) or in Nuremberg (fully and partially comprehensive). This is shown … Read more
August 31, 2021 – The broker and agency service of the Kärntner Landesversicherung has a new head in Arnulf Napowanez. He succeeds Patrick Kerschbaumer. Handover of the baton: Arnulf Napowanez (left)with predecessor Patrick Kerschbaumer (Image: KLV) Arnulf Napowanez (33) is in charge of the broker and agency services at Kärntner Landesversicherung aG accepted. The company … Read more
8/26/2021 – According to a survey of industry experts, cloud computing and automation are among the most important technologies for the future of insurance. Distribution is still generally seen as a “personal” matter; however, some respondents assume that their sales will be at least 70 percent automated in the future. The consulting company has around … Read more
8/26/2021 – A data analysis by Xempus shows trends in the business with company pension schemes. The current financial year is developing positively for exclusivity and brokers, demand and deals are increasing. The driver is also the pandemic. In comparison, the company supplementary health insurance is still in its infancy. The corona crisis had both … Read more
8/24/2021 – The price no longer seems to be the decisive criterion in vehicle insurance for those willing to change. For new customers, additional services and the idea of fairness also count, as a survey by Sirius Campus shows. Huk-Coburg and the direct insurance subsidiary Huk24 have the best status among consumers. The changing season … Read more