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