Insurance

Finance
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

Luxembourg's insurers have estimated the total cost of compensation for the July floods at €125m, making them “the most expensive disaster in the history of Luxembourg insurance.”

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
Marc Hengen, CEO of ACA since March 2013 Matic Zorman/Maison Moderne
ECONOMY

"The pandemic as such is uninsurable"

Interview by Marc Fassone • 25.05.2021
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