Zurich clause sparks argument at DVS

HERBERT FROMME reports from the annual Deutsche Versicherungs-Schutzverband convention in Munich, where a heated debate has broken out over financial interest clauses added by Zurich into some of its insurance programmes

A BIZARRE row in the German industrial insurance community over financial interest clauses in global insurance programmes led to heated debate at this year’s German risk managers’ annual convention, the Deutsche Versicherungs-Schutzverband (DVS) industrial insurance symposium in Munich.