Insurance

Finance
Natural disasters have significantly increased in number and intensity in recent years, with the most expensive claim in the history of Luxembourg insurance being the floods of 14-15 July 2021. (Photo: Matic Zorman/Maison Moderne/archives)
INSURANCE

Will the climate crisis overwhelm insurers?

The insurance industry is adapting to the increasing number of climate-related disasters and the resulting rise in costs, offering new cover and higher insurance premiums. However, too much global warming could jeopardise the sustainability of the system.

Pierre Pailler • 26.01.2022
Marc Hengen, managing director of the Luxembourg insurers association Aca. Photo: Matic Zorman/Maison Moderne/archives
INSURANCE

“The premiums we collect are insufficient”

Marc Fassone • 25.01.2022
Octium’s offers are designed for succession planning purposes basing themselves on experience in asset management. Photo: Octium
INSURANCE

Luxembourg-based Octium acquires Swiss insurance company

Delano.lu • 12.01.2022
Denise Voss expects a strong demand from insurers to have their products approved. (Photo: Maison Moderne/Archives)
INSURANCE

Luxflag extends its activities to insurance

Marc Fassone • 21.12.2021
Marc Lauer, CEO of the Foyer Insurance Group in Luxembourg and president of the Luxembourg insurers association Aca, enjoys his whisky with three drops of water. Photo: Foyer Group
STYLE

Marc Lauer’s style and dining choices

Aurélie Boob • 21.12.2021
Octavie Dexant (left) will become CEO of AXA Luxembourg and AXA Wealth Europe on January 15, succeeding . Mirjam Bamberger who has received an international promotion. (Photos: AXA Luxembourg. Photomontage: Maison Moderne)
INSURANCE

Octavie Dexant appointed CEO of AXA Luxembourg

Mathilde Obert • 15.12.2021
Marc Lauer, chair, and Marc Hengen, managing director of the Luxembourg Insurance and Reinsurance Association (Aca). Image: Marie De Decker/ACA
INSURANCE

Insurers set out their 2022 wishlist

Aurélie Boob • 29.11.2021
Marc Hengen wants more clarity and balance in the regulations to which insurance companies and their clients are subject in Luxembourg. (Photo: ACA Luxembourg)
INSURANCE

"The insurance world is being reshaped”

Aurélie Boob • 16.11.2021
Insurers were seized of 6,500 damages to homes and businesses and 1,300 cases of flooded vehicles. (Photo: SIP/Jean-Christophe Verhaegen)
INSURANCE

Floods cause €125m bill for insurers

Jeremy Zabatta • 15.10.2021
Swiss Life is currently operating from the Altitude building in Leudelange, until the start of 2022, when its premises at the Cloche d’Or should be operational again. Photo: Guy Wolff/Maison Moderne
INSURANCE

How Swiss Life managed its express move

Catherine Kurzawa • 13.10.2021
Finance minister Pierre Gramegna with Maureen Wiwinius, president of the CAA and CSSF boards Photo: MFIN
INSURANCE

Maureen Wiwinius to chair insurance watchdog board

Delano.lu • 30.09.2021
A retired couple watches Alta Lake in Whistler, Canada, in 2019 Photo: Max Harlynking / Unsplash
MONEY

Luxembourg workers have nearly 24 years in retirement

Aaron Grunwald • 19.08.2021
Library picture: Flooding in Echternach, 15 July 2021. CGDIS
INSURANCE

Luxembourg insurers flood damage estimate rises to €120 million

Aaron Grunwald • 23.07.2021
Luxembourg insurance body ACA expects to receive millions of euros in claims following this week’s flooding. Pictured: Firefighters are seen conducting a rescue operation, 15 July 2021. CGDIS
INSTITUTIONS

Flood damage could cost €50m, says Lux insurers group

Aaron Grunwald • 15.07.2021
Thierry Flamand of Luxembourg’s insurance regulator (CAA) is not worried about the figures for 2020 and is delighted with the dynamism shown by the sector in the first quarter of 2021. Library picture: Maison Moderne
ECONOMY

7.7% decline in insurance premium income in 2020

Marc Fassone • 15.07.2021
Profit for the year reached €2.515m, a year-on-year decrease of about 60%, which the company attributes to the fall in economic activity, as well as to an increase in claims. Google Maps/ Bâloise Assurances
ECONOMY

Profits down sharply for Bâloise Vie Luxembourg

Jean-Michel Lalieu & Delano staff • 28.05.2021
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