My child, a Fidgety Philipp, a wrongdoer?

Junior, where are you, what are you doing?

However, the supervision of parents hurt provable, they are liable and regulates the private insurance. The legislature has not regulated, from what age children home alone, may be playing in the garden or on the road. These freedoms must make the parents by the age and mental and spiritual development of the child. For a healthy socialization and have children to play. This is true even if traded impulsive and rash, when running after a ball that rolls into the street and have the parents do not therefore necessarily violated its duty of supervision. Injured but can also mean that you your loss is not replaced.

This is disturbing in the long term, if there are neighbors or friends who have been harmed. Since then a good relationship so far is at stake. Wrong so the parents attitude that the insurance does not pay if you have not taken care properly for his child. Wrong! Only those who have breached its duty of supervision, responsible parents and to take out insurance. Who has not subsequently determined paying attention, should indicate this to the insurer and not just assert the claim, that he / she had seen all the time and the injury happened, when there was not looking for a minute.

Police drill for oil on the open sea

The sinking of the rig Deepwater Horizon "in the Gulf of Mexico and the resulting environmental disaster involved the insurance industry. Holes are at sea so far covered more than the normal insurance companies, the damage covers up to about 1.5 billion U.S. dollars, will in future policies specifically for such projects to be completed or must. That it is not done with a single-digit billions, if that is the real thing, has now been sadly. BP must be solely responsible for the compensation funds 20 billion U.S. dollars to raise, in addition to about eight billion U.S. dollars were already invested in dealing with the oil-Pest.

The world's largest reinsurer, Munich Re is therefore planning to insurance solutions that move in a frame 10:00 to 8:00 p.m. billion U.S. dollars and are met by several insurers. Presented the idea in the industry meeting in Monte Carlo. The oil companies and drilling companies could protect themselves with such a policy for each hole. It hopes the insurance industry on a little pressure from government side, particularly the United States. Munich-Re board member Thorsten Jeworrek said: "We expect the oil companies to commit themselves either to the conclusion of such insurance or even better that the state requires it." Safe and conversation were the new liability rules already.

To potential it would be no lack of insurance for the damage caused by oil drilling leading to insurance claims from the companies. The need for the "black gold" is great. This leads alone in the Gulf of Mexico each year

Auto insurance: Expected Increase in Sales for 2011

The past years have been particularly marked in the field of car insurance of a real price war in the battle for customers. Insurance industry made losses in particular. That should change in 2011, however.

The expected GDV for the year 2011, a rise in sales at the car insurance.
The General Association of German Insurers (GDV) is optimistic about the coming year. After losing the previous fiscal years that tried to undercut the insurance industry, especially in the automotive sector with low rates will continue to get each other to the premium - and thus the revenues - the insurers get back in perspective. This is true across industries, but especially for car insurance.

children accident insurance

B. Significant Aspects
Arguments about reporting deadlines are not uncommon. Disability must have normally occurred within one year and must be within 15 months from the doctor stated in writing and reported to the insurer after the accident. It may take longer for certain whether a collision damage is permanent, or until the doctor is the appropriate diagnosis. Better contracts are characterized by prolonged periods of findings and reports.

C. Details
Last, further details of the offers will be used to distinguish, with the personal life decides to get the importance of these aspects. If you opt for an accident, you should first pay attention to the fine print in the terms, because it often has great impact. Therefore, you should look closely. What should be on paper, we tell you here:

    * Improved member tax for single or multiple damages. Enhanced protection of the hands or eyes may make sense.
    * Capital Suffrage: 65 years in the insured usually only one pension, no principal payment. Good contracts make the customer the choice entirely, or at least up to the 75th Year of life.
    * No limitation of performance in sport or professional activity in a claim.
    * Hedging diving health damage (eg caisson disease, eardrum injury, drowning or suffocation under water).

Investor Protection

...They shun the light

A law should control the risky fund closed at last, and protect investors better. The industry defends itself

Grey can be a dark color, not for nothing that one part of the financial industry will be named after her: the gray capital market. One area that is completely unregulated, not subject to supervision and in which the provider can make on the whole, what they want. The primarily use some closed-end funds from brisk. Change to this, the Investor Protection Act, the federal cabinet would decide, really long time. If it were not this dispute between two ministries there. Finance Minister Wolfgang Schäuble (CDU) wants to oversee the gray market stronger, Minister Rainer Brüderle (FDP blocks from). The case is dramatic, and the damage was in the end - the investor.
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On the gray market reputable financial products circulate alongside highly dangerous. Both galore: About two million Germans have invested € 164 billion in closed funds. But because neither the products regulated their sale will, investors often know only after years, which of them are good and which are bad.

Consequently, savers have already lost billions on the gray market, warn consumer protection. To the same conclusion, a report was commissioned by the Ministry is of consumer September 2008, which states: "The poorly regulated capital market a unique gray that exists in this form in any other EU country. It is characterized by products with high risks and by a variety of abuses. Is still advertised with the seal of retirement savings, high financial losses for large groups benighted investors are foreseeable. "The study classifies half of the 373 fund promoters in the gray market as an unserious.

In this dubious fund, not put half of the investors' money. But they are only the tip of the iceberg, says lawyer Peter Mattil investor who is involved as an expert on legislative procedure. Spectacular cases in which collapsed as a serious force funds, there were plenty. Most recently, the collapse of the Gottingen group 2007/08 around 200,000 small savers brought by a total of one billion euros. In the VIP Media Fund is about 400 million euros. "But these are" only the big names who Mattil says, "there are dozens of funds every year, many of whom have never heard all the flopping." Regardless of whether private equity, airplanes, boats, homes or farms - many fund Individual investors are in difficulties, the good the exception.

Closed-end funds

    In closed-end funds are an investor binds mostly for 10 to 15 years to a provider, often without a chance to get out early without losses - unlike open-end funds. The investor will become co-entrepreneurs, who will participate in the profits, but also the loss of a wind farm, real estate project or container ship. As co-owner of the savers will stick to the debt, which makes a fund manager

Should it not be in the interest of politicians to put the money burning the craft? Especially since the funds are tax-saving models. In the Treasury bill therefore states: "In the gray area will be extended in future regulatory instruments which are already standard in the regulated area. These include the regulatory requirement to advise investor has, disclosed commissions and to conduct a consultation on a log. "Alternatives? "No".

Preparation is the law in the intermediaries who sell the fund because of high commissions, often without regard for consequences. And without mentioning that closed-end funds are much riskier than regular mutual funds. For them the savings that is personally liable. The treacherous is the margin requirement: If a fund is broke, threatening the investor that he must pay for the debts of the initiator. Mattil lawyer currently fighting for a client who invested 30,000 euros in a wind farm and is now nachschießen three million euros. No exception, he says, and one reason why in other European countries, only institutional investors such as pension funds or insurance companies can invest in closed-end funds and not private people.

Vulnerabilities acknowledges indirectly even their own association, the VGF, reaffirmed its chief executive Eric Romba: "We stand as a dressing for a regulation of the market because we see a benefit is to improve the quality." At some point he asks a lot more control and wants "a reasonable investor law." Just not the currently discussed. Significant is the criticism of the vote Brokers Association, the plans "wrong and inappropriate, and even calls" middle class "because they are" aggressively against the professional group of independent service providers, "used.