who undermined bismarck's international policies by refusing to renew the reinsurance treaty
Reinsurance Treaty When in 1890, Russia asked for a renewal of the treaty, Germany refused. Kaiser Wilhelm II believed his relationship with Tsar Alexander III would be sufficient to ensure further genial diplomatic ties and felt that maintaining a close bond with Russia would act to the detriment of his aims to attract Britain into the German sphere. Like the Austro-Russian antagonism, Anglo-Russian relations too were strained due to Russia gaining influence in the Balkans. The Russian aim of controlling the Straits of the Dardanelles, would threaten British colonial interests in the Middle East. Having become alarmed at its growing isolation, Saint Petersburg, as Bismarck had feared, entered into the Franco-Russian Alliance in 1894, ending French isolation. The dismissal of Bismarck, the erratic temper of Wilhelm II and the uncertain policy of the men who succeeded Bismarck (partly out of consideration for England, they failed to renew the Reinsurance Treaty with Russia but did renew the Triple Alliance), were joint causes of a period of fundamental change.[2]
Insurance policy In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the insured, known as the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy language.