All the headlines from our Germany Topic Page, ordered by recency.
Jun 26 2017 // German insurer Allianz said it had agreed to sell its 90 percent stake in private bank Oldenburgische Landesbank (OLB) to U.S. private equity firm Apollo for 300 million euros ($336 million).Apollo, which is consolidating...
Jun 5 2017 // InsurLab Germany, a digital hub for the insurance and reinsurance industry, has been launched in Cologne to promote digital innovation in the industry.There are eight founding insurance companies: AXA, Barmenia, Debeka,...
Jun 1 2017 // Chinese Premier Li Keqiang said the world’s No. 1 polluter will stick to its pledges to tackle global warming, underscoring the risk of U.S. isolation if President Donald Trump pulls out of the Paris climate...
May 22 2017 // Little Luxembourg is luring firms on the lookout for a post-Brexit foothold in the European Union, from JPMorgan Chase & Co. to insurance giant American International Group Inc.While many find the Grand Duchy a...
May 18 2017 // Markel Corp. announced it plans to apply for regulatory approval to establish an insurance company in Germany to ensure that whatever the outcome of the Brexit negotiations it will be able to meet the insurance needs of...
May 12 2017 // Volkswagen’s board chairman has defended the decision not to publish results of the investigation it commissioned into its scandal over cars rigged to cheat on diesel emissions tests, saying it could expose the...
May 11 2017 // Germany’s federal cyber agency said on Thursday that Yahoo Inc. had not cooperated with its investigation into a series of hacks that compromised more than one billion of the U.S. company’s email users between...
May 10 2017 // For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping into the brave new world of cyber crime insurance, it’s free...
May 3 2017 // German insurer Allianz is optimistic about its prospects despite a very tough business environment, the German insurer said on Wednesday as it posted a slightly better than expected first-quarter profit.“We are...
Apr 28 2017 // Joachim Wenning admitted he would not be to everyone’s liking long before taking the helm of Germany’s Munich Re.That hard-nosed approach could prove valuable as the 52-year-old tackles falling profits,...
Apr 26 2017 // Holocaust survivors on Monday celebrated the end of German insurance giant Allianz’s sponsorship of a Florida pro golf tournament, saying it may boost efforts to collect some $2.5 billion in World War II-era policies...
Apr 24 2017 // Renewable power investments will need to rapidly grow in the coming two decades to be in line with the Paris Agreement climate goals, according to the Allianz Climate & Energy Monitor Deep Dive, which aims to inform...
Apr 21 2017 // A Bavarian start-up is developing a five-seat “flying taxi” after successful test flights over Germany of a smaller version of the electric jet, the company said on Thursday.Munich-based Lilium, backed by...
Apr 17 2017 // Worldwide Broker Network (WBN)* announced the addition of two members in Germany and Croatia, bringing the network of independent insurance brokerage and employee benefits consulting firms to 109 in 101 countries. Based on...
Apr 7 2017 // Miller has hired David Maule in a business production and senior broking role, which the London-based broker said will add “considerable strength” to its trade credit and political risks capabilities.Maule will...
Apr 6 2017 // The initial estimate of insured property market losses for extra-tropical cyclone Thomas, which hit the British Isles, the Netherlands, Belgium and Germany on Feb. 23-24, 2017, is €213 million (US$222.7 million),...
Mar 21 2017 // Allianz Research projections show that total global premium income rose to a new record high of 3,650 billion euros ($3.9224 billion U.S. dollars) last year (excluding health insurance).In a year-on-year comparison, the...
Mar 16 2017 // Volkswagen AG’s Audi brand was raided by German prosecutors as investigations into the manipulation of diesel engines continue to weigh on the automaker more than a year after revelations of emissions cheating.More...
Mar 15 2017 // German smartphone-only bank N26 said on Wednesday the number of customers using its online accounts rose to more than 300,000, tripling in size from a year ago, as the company marks progress as a pioneer in pan-European...
Feb 24 2017 // British authorities have arrested a suspect in connection with a cyber attack that infected nearly 1 million routers used to access Deutsche Telekom’s internet service, German federal police said on...