06/07/2022 – In accident insurance, Bafin processed 147 complaints in 2021, around a seventh fewer than in the previous year. On average, there were around 0.2 complaints per 100,000 insured risks. The fire partnership had the highest rate of complaints (nearly nine complaints per 100,000 insured risks). Most of the market sizes performed better than … Read more
May 30, 2022 – The chairman of the consumer protection association Peter Kolba has his sights set on life insurance contracts with an option to pay in installments. A first lawsuit has now been filed against Generali. This explains that the products are legally compliant and transparent. ADVERTISING – – At the beginning of April … Read more
May 19, 2022 – The business magazine Capital asked five insurers about their acceptance practices for potential new customers who have gone through a corona infection. As was the case more than a year ago, the companies report that Corona is treated like any other disease in the risk assessment. It is not planned to … Read more
May 3, 2022 – The market standards defined by Infinma in disability insurance are (over) met by 16 tariffs offered in Germany by eight providers. The leading group includes Continentale, Credit Life, Dialog, Europa, Hannoversche, Metallrente, Volkswohl Bund and Zurich Deutscher Herold. ADVERTISING – – Die Infinma Institute for Financial Market Analysis GmbH has re-examined … Read more
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 22nd, 2021 – Krefeld had the highest burglary rate in relation to the number of inhabitants of all 82 cities with more than 100,000 inhabitants in 2020. The burglary rate here was around three times higher than the national average and even nine times higher than in Jena with the lowest Klaurate. The awareness … 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