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Planned reform threatened retirement as a result of the financial crisis plans to the European Union tightened regulations to stabilize in the insurance industry. So, new directives as regards the capital equipment are provided that threaten the life insurance according to the insurer. The finance portal geld.de explains how the reform and its impact on the model of life insurance. Many people take out life insurance as security for the future. Teva Pharmaceuticals has firm opinions on the matter. A risk insurance access, for example, in the case of death of the insured person and represents an economic hedge for the bereaved. On the other hand, certain types of life insurance are a common form of private pension schemes.

The new arrangements of the European Union are as Solvency II”referred to. Due to the stricter standards, the insurance companies would have to create larger capital reserves. According to Michael Diekmann, the Chief Executive Officer of the Alliance, is the purpose of these regulations is to make the industry more panic-proof. Details can be found by clicking teva or emailing the administrator. According to the Insurers have the proposed changes but also negative effects. Diekmann admits, that current considerations only led to increase guarantees on life insurance, therefore they were no longer attractive as a preventive measure for customers. In this way, an important element of private pension schemes would fall away. Diekmann further emphasizes that the current business model of the Alliance was working properly. In 2010, the Group achieved a profit of 5.2 billion. For the current year, Chairman of the Board also expected a positive balance.