Latest Germany Headlines

All the headlines from our Germany Topic Page, ordered by recency.

UK Legal Action Launched Against Volkswagen over Emissions Scandal

Jan 9 2017 // A British law firm has launched legal action against Volkswagen, seeking thousands of pounds of compensation each for UK drivers affected by the carmaker’s emissions scandal.The German company is involved in lawsuits...

XL Catlin Adds Clinical Trials Solution for Life Science Clients in Germany

Dec 29 2016 // XL Catlin’s insurance operations in Germany have announced the addition of a stand-alone clinical trials solution for life science clients.Life science companies are operating in an increasing complex and litigious...

Europe’s Insurers, Pensions Seek Higher Yields via Infrastructure Investments

Dec 21 2016 // Europe’s pensions and insurers, seeking returns in infrastructure deals after asset purchases by the European Central Bank gutted yields on bonds, say they’re being crowded out again.Their frustration is...

German Police Resume Hunt for Killer in Christmas Market Terrorist Attack

Dec 21 2016 // German investigators intensified their search for the perpetrator of a deadly truck assault on a Christmas market in Berlin after an initial suspect was released, deepening the fear and uncertainty over what Chancellor...

Terrorism May Be Motive in Berlin Christmas Market Killings; RMS Comments

Dec 20 2016 // Investigators suspect the driver of a truck that plowed into a crowd at a Berlin Christmas market, killing 12 people and injuring 48, did so intentionally in a terrorist attack, police said on Tuesday.The truck crashed...

Newline Group Establishes Branch Office (and EU Platform) in Germany

Dec 19 2016 // London-based Newline Insurance Co. Ltd., a subsidiary of Odyssey Re Holdings, announced it has received regulatory approval to establish a new branch office in Cologne, Germany.Led by Manuel Wirtz, who was appointed...

Germany’s Cyber Security Watchdog Urges Yahoo Users to Switch Email Providers

Dec 16 2016 // Germany’s cyber security authority, the Federal Office for Information Security (BSI), criticized Yahoo on Thursday for failing to adopt adequate encryption techniques to protect its users’ personal data.The...

ThyssenKrupp’s Trade Secrets Targeted in ‘Massive’ Cyber Attack

Dec 8 2016 // Technical trade secrets were stolen from the steel production and manufacturing plant design divisions of ThyssenKrupp AG in cyber attacks earlier this year, the German company said on Thursday.ThyssenKrupp, one of the...

Hannover Re Expects Higher Renewal Premiums in Germany; Stresses Technical Pricing at Baden Baden

Oct 25 2016 // E+S Rück, Hannover Re Group’s German subsidiary, expects to see premium growth in the German market for the upcoming treaty renewals on January 1, 2017. Along with motor insurance, growth will likely be driven in...

Reinsurers at Baden Baden Forum Expect P/C Insurers to Resist 2017 Price Hikes

Oct 24 2016 // Hurricane Matthew will have a limited impact on the years-long decline in rates for reinsurance, according to industry representatives, who predict primary insurers will push back against price increases at the start of...

Tesla Says Autpilot Not at Fault in Crash with Bus in Germany

Oct 3 2016 // A Tesla Motors Inc. car operating under Autopilot collided with a bus in northern Germany, but the electric car maker said a collision was unavoidable because the bus swerved into the vehicle’s lane.The incident...

Deutsche Bank Sells Insurance Unit to Britain’s Phoenix Group

Sep 28 2016 // Deutsche Bank AG has sold its British insurance business Abbey Life to Phoenix Group Holdings as it sheds non-core assets and reduces its balance sheet in an effort to reassure anxious investors and meet regulators’...

Porsche Denies Liability as Investor Lawsuits Mount Over VW Diesel Scandal

Sep 19 2016 // Porsche Holding SE was caught up in the Volkswagen AG emissions debacle as investors raced to file German lawsuits ahead of the one-year anniversary of the scandal.A group of institutional investors filed a pair of...

Swiss Re Corporate Solutions Launches ‘CyberSolutions Germany’

Sep 1 2016 // Swiss Re Corporate Solutions has expanded its cyber offering with the launch of CyberSolutions Germany, a new, market-specific primary insurance product.This advanced cyber risk protection solution provides tailored...

Formal Brexit Talks Likely to Be Triggered in April 2017: UK Officials

Aug 19 2016 // Prime Minister Theresa May’s team is still leaning toward the first part of 2017 as the best moment to trigger the start of formal talks over the U.K.’s withdrawal from the European Union, according to two...

Volkswagen Wants Investor Class Action Suit Dismissed

Aug 4 2016 // Volkswagen AG and its former chief executive have asked a U.S. federal judge in California to dismiss lawsuits filed by American investors accusing the German automaker of deception involving its cheating on diesel...

AXA H1 Net Income Rises 4% to $3.6B as L&H Earnings Offset Cat Losses

Aug 3 2016 // AXA SA, France’s biggest insurer, said first-half profit rose 4 percent as increased earnings from life and health insurance helped offset higher claims from natural catastrophes.Net income climbed to 3.2 billion...

Fintech Startup Gets German Banking License – with Plans to Offer Insurance

Jul 21 2016 // N26, a Berlin startup that offers financial services directly to consumers, said Thursday it’s received a German banking license that will let it offer a fuller range of products across Europe.The company, whose...

Europe Insurers’ Stress Tests Could Lead to Higher Capital Requirements

Jul 13 2016 // European insurers, whose profits are being eroded by Mario Draghi’s* quantitative easing program, face a stress test headache that risks requiring them to set aside more capital, further hurting their ability to make...

Post-Brexit-Vote Property Panic Could Hit Bank, Insurer Investments

Jul 8 2016 // The run on British property funds has drawn attention to the vulnerability of the commercial real estate sector, largely funded by domestic banks and building societies but increasingly by foreign banks and insurers.UK...