What financial advisers are advising clients to do with higher insurance premiums

Accident investigation If repair costs increase due to inflation, the costs for the insurer and consequently for the insured increase. (Photo: dpa) Cologne Insurance brokers have a lot of work to do. Because rising prices are having an impact on homeowners insurance coverage and premiums. Policies are getting more and more expensive. Even the financial … Read more

Hannover Re expects these price increases

fender bender There are more people on the streets again. As a result, more accidents happen. (Photo: imago stock&people) Baden Baden The world’s third largest reinsurer, Hannover Re, believes there is a need for German auto insurers to raise prices considerably in the current changing season. Due to the sharp increase in the prices of … Read more

Change of car insurance: Term in November and special right of termination

special right of termination Missed the November deadline? Drivers can still change their auto insurance in December Auto insurance can also be terminated in December, if you have a special right of termination. RTL November 18, 2022 at 10:38 am Change of car insurance until 30.11. possible for everyone Attention vehicle owners! In principle, car … 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

Fitness and health: A future market with perspectives

In its analysis of the current business cycle, the German Economic Institute (IW) has more than 3,000 German companies from different branches of the economy to yours economic situation and the Forecasts for the next working months disputed While industry and construction are relatively pessimistic about the future given the latest developments (corona pandemic, war … Read more

Reinsurers face big challenges

frankfurt Thomas Blunck sees his industry faced major challenges in the face of extreme inflation, rising interest rates, and falling prices for equity investments. “The situation in the reinsurance market has rarely been as complex as it is now,” the Munich Re board member, who is responsible for the life business and the Europe and … Read more

The economy and inflation curb demand

frankfurt Due to the negative economic outlook and the sharp increase in inflation, the rating agency Assekurata expects the demand for life insurance products to decrease. “High inflation restricts the savings possibilities of many citizens and kills the real interest in policies,” CEO Reiner Will said Tuesday in presenting a market outlook for the industry. … Read more

Angel Yeast is driving the industrialization of yeast protein to sustainably feed the world’s population

Yichang, China, April 20 /PRNewswire/ – Angel Yeast (uk.angelyeast.com) (SH600298) attended the International Forum on Food Safety and Health 2022 (2022 IFoFSH) organized by the Chinese Society of Food Science and Technology on June 23. The company announced plans to aggressively pursue the industrialization of its yeast protein to address the impact of the growing … Read more

German credit insurers expect more company bankruptcies in 2022

frankfurt German credit insurers see further economic development threatened by numerous risks. They therefore expect the number of corporate insolvencies in Germany to rise again next year for the first time since 2009. “At best we expect 15,500, at worst up to 17,000 bankruptcies,” Thomas said on Thursday. Langen, chairman of the credit insurance commission … Read more

Policyholders are threatened with higher prices for home and auto policies

storm damage Losses from natural disasters are expected to be above average again this year. (Photo: dpa) frankfurt German property and casualty insurers are again burdened by the high costs of damage caused by natural catastrophes this year. “From an earnings perspective, 2022 is likely to be another tough year for the industry,” said Dennis … Read more

High inflation becomes a problem

Frankfurt, Munich Persistently high inflation is becoming a huge cost driver for insurers and their clients. It is now becoming apparent that the significant increase in procurement and raw material prices has markedly increased the cost of compensation for damages. The result: customers pay significantly more in some areas. “We see that the premiums have … Read more

Fitness and health: A future market with perspectives

In its analysis of the current business cycle, the German Economic Institute (IW) has more than 3,000 German companies from different branches of the economy to yours economic situation and the Forecasts for the next working months disputed While industry and construction are relatively pessimistic about the future given the latest developments (corona pandemic, war … Read more

New price tags starting in May! Customers of Aldi, Lidl, Netto, Rewe, Edeka & Co. should be aware of this important change

RTL> April 25, 2022 – 9:26 a.m. Watch by Aristotle Zervos If you want to quickly compare prices when shopping at the supermarket or discount store, you should not only look at the final price, but above all at the basic price. This is usually located at the bottom left of the price tag on … Read more

Insiders report a “muzzle” for critics of Christine Lagarde

Things are boiling at the European Central Bank: in the face of high inflation, more and more of the ECB’s management team are deviating from official interest rate policy. President Lagarde apparently wants to silence critics. According to insiders, ECB chief Christine Lagarde tried to stop management criticism after the interest rate decisions. With an … Read more

This is why Aldi, Lidl, Netto, Rewe, Edeka & Co. have to change the price tags

RTL> April 23, 2022 – 10:58 Watch by Aristotle Zervos If you want to quickly compare prices when shopping at the supermarket or discount store, you should not only look at the final price, but above all at the basic price. This is usually located at the bottom left of the price tag on the … Read more

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