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

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

On the practice of customer protection in insurance companies

On the practice of customer protection in insurance companies

October 27, 2020 – Volume two of the series on private insurance law from Linde-Verlag is about customer protection. Examples from the case law, the possibilities that the supervisory authority has in this area, the role of the insurance broker and alternative ways of dispute resolution are presented. New at Linde: customer protectionin private insurance … Read more

The growth winners and losers of the composite insurers

The growth winners and losers of the composite insurers

10/26/2020 – Property and casualty insurers achieved an average premium growth of 3.6 percent. Lifestyle Protection, R + V direkt and Ovag headed the list of growth winners. Allianz Direct, PB and Axa easy bring up the rear. ADVERTISING – – According to the General Association of the German Insurance Industry eV (GDV), property and … Read more

Protection for businesses can increasingly be concluded online

Protection for businesses can increasingly be concluded online

10/26/2020 – AIG has developed a new bundle product for more than 400 operating modes. The underwriter Midema brings a new public liability insurance. Hanse Merkur and MDT are reacting to Corona with something new for tour operators and the GHV is protecting hunting dogs when hunting packs. ADVERTISING – – The “Commercial Multiline Insurance … Read more