Why do guarantees and security systems have to prove worthless in the end? All guarantees, in whose security one lulls oneself, have no absolute value. After all, the decisive factors are the conditions and the legal framework for this, political legal certainty and the economic default risk of the guarantor. Guarantee certificates Looking […]
Artikel zum Thema: Garantiezins
How life insurers can optimise the run-off of old portfolios
– Why Run Off is an issue for all life insurers -. All life insurance companies are largely in run off. This is because, with the exception of parts of the portfolio with the current guaranteed interest rate and unit-linked business, all other insurance contracts are actually just being wound up. because it’s closed to […]
Alternatives to occupational pensions
Due to the low interest rates on the capital markets, it will in many cases no longer be possible to achieve positive real returns in the traditional external implementation channels of occupational pension schemes (bAV) in accordance with the German Company Pensions Act (BetrAVG). Thank God there are viable alternatives. In the case of tax-subsidised […]
So-called guaranteed benefits in the pension scheme are absolutely not guaranteed
– What life insurance companies and pension funds are hiding from premium payers – Life insurance policies for occupational (bAV) and private (pAV) pensions, but also pension schemes, can provide far fewer benefits than promised or promised on paper. However, policyholders often have a claim for damages against the intermediaries and advisors or product […]
Severance pay and other alternatives to occupational pension schemes (bAV)
– Opportunities for employers and employees to optimize pension provision – Due to the low interest rates on the capital markets, it will in many cases no longer be possible to achieve positive real returns in the traditional external implementation channels of occupational pension schemes in accordance with the German Company Pensions Act (BetrAVG). […]
Losses of up to more than 15 % on life insurance policies due to the stroke of the pen by the legislator
For more than 10 years, the yields of life insurance policies have been suffering from the low capital market interest rates. As a result, reductions of up to more than 30 % compared to the expectations raised until the turn of the millennium are the rule. However, customers with terminated or expired policies have been […]
Retirement benefits: Is it getting down to the wire?
Cancellation of valuation reserves Topic after the Bundestag elections / Losses of up to more than 15 percent For more than ten years, life insurance returns have suffered from low capital market interest rates. As a result, reductions of up to more than 30 percent compared to the expectations that were still being raised […]
Reduction of surplus in case of advertising with inflated example calculation inadmissible
– More than EUR 50 billion in additional claims possible for reduced maturity benefits – – Around 20 million affected with an average additional claim of up to more than EUR 10,000 per contract. Low interest rates destroy investment hopes for endowment life insurance policies For almost 10 years now, all investors in life insurance […]
Insurers disadvantage their shareholders – or their customers?
“ But that there may be no strife in the division, then to thee shall be what is above the earth, and to me what is under the earth.” (Gebr. Grimm, The Farmer and the Devil) Profit participation in life insurance has been a bone of contention between insurers and consumer advocates for years. The […]
Quo vadis guaranteed interest rate?
Why brokers have to pay attention to investment performance is explained by lawyer Johannes Fiala and private health insurance expert Peter A. Schramm in the series on frequent or typical consulting errors in the brokerage of private health insurance. To the point � Unlike in life insurance, the maximum actuarial interest rate in private health […]