These are what invested in during the epidemic People have less money to spend on insurance since the outbreak, but the number of new policies has risen, according to research by Portfolio. The life insurance market posted net sales figures in the second quarter not seen for 10 years, but current accounts and government bonds…
Newly taken out fixed-rate life insurance policies will see their interest rates fall by this much from January Interest rates on euro- and forint-based traditional life, health and annuity insurance policies may also fall in January after the MNB reduced the technical interest rate by decree. The change does not apply to insurance policies already…
Hungarians fear their assets more than their lives According to a national representative survey by Generali, Hungarians living in rural areas are much more afraid of damage to their homes, belongings or cars than those living in Budapest. According to the insurer’s research, 61% of people living in smaller settlements have some form of insurance…
Do I need to change my insurance bills? However, this may change in the future, as households feel the effects of the economic crisis in the longer term due to the second wave. Rising unemployment and prolonged foreclosures may force many to draw on additional reserves, including life insurance accounts. For investment-type life insurance, the…
What can we expect next year? The insurer’s survey confirms that the recession has boosted the popularity of long-term investments, with 65% of new customers choosing such schemes. When asked about self-care, nearly half (45 percent) of survey respondents said that “without financial self-care we are vulnerable”. Unfortunately, the crisis has shown this. Before the…
How people’s emergency stocks were affected by the outbreak According to a survey, the uncertainty caused by the epidemic has prompted many people in Hungary to start taking out life insurance or other long-term investments. At the same time, however, there are many who have been unable to increase their existing savings or have even…
U.S. Federal Emergency Management Agency expects property insurance costs to rise The Federal Emergency Management Agency (FEMA) is working on new flood maps that are expected to change the landscape for property owners. FEMA is currently focusing on individual properties, and as a result, property insurance costs are expected to rise. The nonprofit flood risk…
We will talk about the insurance industry, which is part of the financial and health care sectors. Since the beginning of the year, the SPDR S&P Insurance ETF (KIE) is up 19% and the S&P 500 Index is up 18%. Types of insurance companies – real estate insurance; – life insurance; – health insurance; –…
U.S. business reimbursement system broke down during the coronavirus pandemic A scandal has erupted in the U.S. with insurers refusing to make payments to businesses in connection with the coronavirus. After receiving claims for multibillion-dollar payouts across the country, U.S. insurers said that the damage from the pandemic was not covered by insurance. The claims…