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

Scientists and consumer advocates discuss pension insurance with disability protection

retired couple Scientists argue over the wisdom of pension insurance with built-in disability protection for consumers. (Photo: imago images/Rupert Oberhäuser) frankfurt Saving for old age and insuring labor with a single product: consumer advocates don’t think it’s a good idea. The fact that insurers sell pension insurance with integrated disability protection to their clients has … Read more

Blackrock Survey: What Insurers Are Afraid of and Where They Are Investing | Insurance | 09/28/2022

Investment experts at insurance companies are currently concerned about three main issues: bonds, return opportunities outside of traditional stock markets, and steeply rising prices. This is reported by “Handelsblatt” with reference to a Blackrock survey of 370 managers of global insurers about their investment decisions. The world’s largest asset manager also asked where insurance companies … Read more

Insurtech becomes Einhorn and takes over Finanz Group

Clark app on smartphone The digital insurance manager wants to continue growing in Europe. frankfurt Digital insurance manager Clark takes over Finanz Group, an internet platform for information on insurance and financial products. The acquisition will take the form of a share swap with the previous owner, Allianz X, and payment of the purchase price, … Read more

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