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

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

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

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