time: 31.07.2024

Top German Insurance Regulator Joins Generali: What This Means for Your Life Insurance Policy

31.07.2024 Insure2000 Editorial Team

Frank Grund, former head of Germany's Federal Financial Supervisory Authority (BaFin) insurance division, has joined Generali's supervisory board. This move comes after BaFin criticized Generali for high policy acquisition costs in life insurance. Discover how regulatory expertise shapes insurance companies and impacts your coverage, with insights relevant to both German and US insurance markets.…