The liability insurers with the highest loss ratios

The liability insurers with the highest loss ratios

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

The motor liability insurers with the greatest premium decline

The motor liability insurers with the greatest premium decline

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

These motor liability insurers gained the most customers

These motor liability insurers gained the most customers

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

Professional insurance: Very high hurdles in the event of occupational disability

Professional insurance: Very high hurdles in the event of occupational disability

14.8.2024 – In addition to old-age pensions and survivors’ benefits, a professional pension fund can also provide cover in the event of occupational disability. However, the associated requirements are often very strict. For lawyers, for example, a benefit may require the return of a professional license. Specialist broker Thomas Stephan describes the problem. ADVERTISING As … Read more

Professional liability: Doctors often not adequately insured

Professional liability: Doctors often not adequately insured

6.8.2024 – Damage that occurs in connection with the practice of a profession can be very expensive and long-term for medical professionals. In special cases, there is a risk of license being withdrawn. Old contracts, on the other hand, often offer only inadequate protection. It is important to adapt the professional and non-professional risks over … Read more

How Allianz is restructuring its sales

How Allianz is restructuring its sales

August 5, 2024 – Allianz is convinced of the importance of local representatives and will continue to rely on a national presence in the future. One focus of the investments laid out in the “ABV Future Program” is on group sales. Several measures in the program, including dedicated and part-time sales representatives, were implemented as … Read more

Risk assessment becomes a success factor in cyber insurance

Risk assessment becomes a success factor in cyber insurance

5.8.2024 – In today’s world, companies cannot ignore the danger of cyber risks. Sustainable investments must be made in IT security. The focus should be on holistic solutions for prevention and response to damage. A key component of this is risk assessment. Insurance companies and insurance brokers also play an important role here, writes Gerrit … Read more

In an inheritance, a brother believes that the €87,000 his sister obtained by life insurance coverage is actual, the court docket challenges him.

In an inheritance, a brother believes that the €87,000 his sister obtained by life insurance coverage is actual, the court docket challenges him.

In an inheritance, the quantities paid right into a life insurance coverage contract can escape the heirs, if different persons are named as beneficiaries. They will then attempt to argue that the costs paid are an excessive amount of. However the Court docket of Cassation has simply remembered that the process was removed from being … Read more

Giancarlo Esposito opens up about past financial struggles and dark thoughts before ‘Breaking Bad’

Giancarlo Esposito opens up about past financial struggles and dark thoughts before ‘Breaking Bad’

Giancarlo Esposito (65) has reported on his financial problems in the past. During an appearance on SiriusXM’s “Jim & Sam” show, the actor recalled the time he even considered ordering his own murder to pay off his family’s life insurance. “I had sunk so low” Esposito said he had serious financial problems before landing on … Read more

When is the best time to redeem your life insurance savings and what to consider

When is the best time to redeem your life insurance savings and what to consider

Subscribers to this type of investment are free to use their savings on this product and at the desired time. But then, is there a suitable time to do it and what are the contraindications? Understanding how life insurance redemption works This is an operation which allows the subscriber to recover part or all of … Read more