VIG raises dividend, new member on the supervisory board

May 23, 2022 – The Annual General Meeting resolved a dividend of EUR 1.25 per share and elected a new member to the Supervisory Board: András Kozma succeeds Georg Riedl, who resigned from the Supervisory Board at the end of this year’s Annual General Meeting. VIG raises dividend to EUR 1.25 (Image: VIG/Robert Newald). On … Read more

Uniqa: Premium growth in the first quarter

May 20, 2022 – The Group was able to increase its premium volume in all three lines, compared to the first quarter of 2021 by a total of 4.3 percent to 1.86 billion euros. Insurance benefits increased by 3.8 percent to 1.06 billion euros, the combined ratio after reinsurance from 90.9 to 92.8 percent. The … Read more

Swiss Life Select is planning a change in management

May 18, 2022 – Co-Managing Director Joachim Seebacher is leaving the company at the end of July. Clarissa Schuster is to succeed him as Chief Market Officer. Clarissa Schuster(Bild: Swiss Life Select) Die Swiss Life Select Austria GmbH wants to remodel their executive floor. As the financial services company announced on Tuesday, Clarissa Schuster is … Read more

Credit cards: change begins in the collection system for credit relief insurance | NMR | YOUR MONEY

Financial entities will no longer be able to charge fixed amounts for the debt relief insurance of the Credit cardsfollowing the new regulations of the Superintendency of Banking, Insurance and AFPs (SBS), as a result of Law No. 31143, which protects Consumers of Financial Services from Usury. In this sense, the companies are already adjusting … Read more

Credit cards: These are the new amounts that will be paid monthly for credit relief insurance | NMR | ECONOMY

Financial entities will no longer be able to charge fixed amounts for credit card debt relief insurance, following the new regulations of the Superintendence of Banking, Insurance and AFPs (SBS), as a result of Law No. 31143, which protects Consumers of Financial Services from Usury. In this sense, the companies are already adjusting the base … Read more

VIG wraps up Aegon deal in Hungary

March 24, 2022 – The takeover of Aegon companies in several countries by VIG stalled in 2021: In Hungary, stumbling blocks had to be cleared. Apparently that has now happened. As VIG reports, the acquisition in Hungary is dry. The participation of the Hungarian state holding Corvinus should then take place on Friday of this … Read more

Allianz 2021 resilient despite challenges

March 24, 2022 – Last year, Allianz recorded the worst storm damage in almost 20 years. Together with other major losses, this has led to a deterioration in the combined ratio. While premium income increased by four percent and the operating result by nine percent, the underwriting result and EGT declined. CEO Remi Vrignaud(Image: Allianz/Foto … Read more

Nürnberger expands fund range for unit-linked

23.3.2022 the Nürnberger Versicherung AG Austria has integrated three new investment funds into its range of sustainable fund products for unit-linked life insurance. The aim is to meet “the increased demand for sustainable investment options”, says product manager Michael Lacchini. The three new funds are “an integral part of our range of products from now … Read more

Supreme Court decided dispute over clause in Internet banking insurance

13.1.2022 – The VKI has sued against several formulations in the conditions of an internet banking insurance offered by Bank Austria and has now been ruled by the Supreme Court. It was suggested to the customer that he would be liable in the event of improper use of a payment instrument, but in fact this … Read more

Change in the board of the civil service insurance

January 11, 2022 – Stefan Mikula is the new Vice President of the Austrian Civil Service Insurance. He succeeds Werner Summer, who has retired. New to the board ofCivil service insurance:Stefan Mikula (Image:Gerry Mayer-Rohrmoser) Stefan Mikula is a new member of the two-person board of the Austrian civil service insurance VaGas the company announced on … Read more