Why the wrong advice can be expensive

Bad advice on money issues. Financial advisors can be held liable for damages if they make mistakes. (Photo: dpa) Munich False information can cost a financial advisor dearly. Even if you only advised your clients verbally and didn’t even provide the information in writing. This was the experience of an insurance broker who checked with … Read more

Strong quarter for Allianz: Analysts mostly praise planned share buybacks

alliance logo The insurer launches a share buyback program after a strong third quarter. (Photo: dpa) Frankfurt, Munich After a strong third quarter, the Munich-based DAX Allianz group announced a share buyback program. From mid-November to the end of 2023 at the latest, the insurer wants to buy back €1 billion worth of shares, as … Read more

Bafin warns insurers to be careful when paying dividends to shareholders

BaFin in Frankfurt Insurance supervisory chief Frank Grund is preparing the industry for tough times. (Photo: Bloomberg) frankfurt In view of the current challenges, financial regulator Bafin is asking insurers to reconsider high dividend payouts. In the face of geopolitics, the pandemic, inflation, and interest rate reversal, the industry is facing tough times. “Insurance companies … Read more

Bafin warns insurers to be careful when paying dividends to shareholders

BaFin in Frankfurt Insurance supervisory chief Frank Grund is preparing the industry for tough times. (Photo: Bloomberg) frankfurt In view of the current challenges, financial regulator Bafin is asking insurers to reconsider high dividend payouts. In the face of geopolitics, the pandemic, inflation, and interest rate reversal, the industry is facing tough times. “Insurance companies … Read more

The right insurance for photovoltaics

September 6, 2022 at 07:00 solar radiation energy : Find the right insurance for photovoltaic systems If the house faces the right side, a photovoltaic system can make a big difference. Photo: Getty Images/iStockphoto/istock Wermelskirchen More and more people install this type of system on their roof or balcony. What citizens should know about insurance … Read more

Financing of outdoor fitness projects in Grefrath, Kempen, Tönisvorst and Willich

August 30, 2022 at 7:00 p.m. Projects in Grefrath, Kempen, Tönisvorst and Willich : Funding for outdoor fitness is coming This is what a calisthenics facility can look like: a kind of modern exercise route. This system is located in Kempen Hagelkreuz. Photo: City of Kempen district of Viersen Grefrath, Kempen, Tönisvorst and Willich benefit … Read more

Peloton numbers: fitness company with billions in losses

platoon With the lifting of the corona restrictions, interest in the company’s devices dwindled again. (Photo: AP) Dusseldorf Sporting goods specialist Peloton closed the last quarter with a loss of billions. The end result was a deficit of a good 1.24 billion dollars (1.24 billion euros). A year earlier, the loss had been $313 million. … Read more

Sustainable insurance: Green applies for insurance license

Munich Sustainability is also the topic of the moment in the insurance industry. Big providers are investing in wind and solar power, and talk a lot about their green systems. “But there is still no truly sustainable insurance,” Marie-Luise Meinhold is convinced. “A lot of things are still light green, if they are at all.” … Read more

TV Oberbexbach wants to expand its outdoor gym by 200 square meters

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