Latest Germany Headlines

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

Trying to Put a Price Tag on Volkswagen’s Emission-Fraud Scandal

Sep 22 2015 // An $18 billion liability figure attached itself last Friday to Volkswagen’s diesel disaster. This morning comes news that the German car maker has set aside $7.3 billion (€6.5 billion) to cover a scandal spreading...

Intellectual Property News: KitKat, Williams Sonoma, Whole Foods, Skechers, Segway, GoDaddy, Apple

Sep 18 2015 // This wrap-up of recent intellectual property cases covers chocolate bar shapes, cookware designs, sneaker similarities, Korean TV copyright device, Quizno’s commercials, personal transporter technology, Oscar award...

Allianz Teams with Volkswagen, Bayer and BASF in Anti-Hacking Venture

Sep 18 2015 // The German car giant that gave the world the Beetle may soon help you fend off cyber criminals.Volkswagen AG teamed with insurer Allianz SE, medical company Bayer AG and chemicals producer BASF SE to sell...

Germany’s Talanx Invests in Renewable Energy to Counter Low Interest Rates

Sep 16 2015 // Talanx AG, the German insurance company buying into its first offshore wind farm, said it’s likely to purchase more renewable-energy assets.The insurer sees renewables as offering “long-term, bigger yields than...

XL Catlin Forms New Leadership Team for Germany

Sep 9 2015 // XL Catlin has announced a new insurance leadership team for Germany. The integration process is now well underway across XL Catlin, with the company maintaining a strong focus on bringing together and retaining its top...

Insurance Policy Led by Catlin, XL Gives Cash Boost to German Soccer Team

Aug 24 2015 // A rare insurance deal gave Borussia Dortmund, Germany’s only publicly traded soccer club, a financial boost even as the team had its worst performance in the Bundesliga championship in seven years. Dortmund finished...

ACE Offers New D&O Products in Germany; Dünkeloh Named Financial Lines Mgr.

Aug 17 2015 // ACE Group has launched two new D&O insurance products and has appointed a new financial lines manager in Germany, as it continues to respond to the rapidly evolving management liability cover needs of companies in...

Munich Re’s ERGO May Cancel Purchase of Greek Insurer on Instability

Jul 10 2015 // Munich Re’s ERGO Insurance unit may cancel its planned 90.1 million euro ($100 million) acquisition of Greece’s ATE Insurance SA if the country doesn’t return to stability.“Depending upon how the...

Germanwings Offers Emotional Damage Payments to Crash Victims’ Families

Jun 30 2015 // Germanwings is offering €25,000 ($27,833) compensation payments to close relatives of those killed in the March 24 plane crash for their pain and suffering, it said on Tuesday.Evidence shows co-pilot Andreas Lubitz...

Allianz to Shrink German Branch Network; Hit by Low Interest Rates

Jun 10 2015 // Allianz SE, Europe’s biggest insurer, said it will shrink its administrative branch network in Germany as low interest rates and regulatory demands hurt industry profitability.About 360 jobs, or about 1 percent of...

Generali Reorganizes German Business to Enhance Competitive Position

May 26 2015 // Generali is reorganizing its German market business with an aim to enhance the competitive position of the group by the end of 2018. The company is instituting simpler and business-focused governance, a stronger focus on...

$952 Million: PERILS Initial Loss Estimate for Windstorm Mike-Niklas

May 11 2015 // PERILS, the independent Zurich-based organization providing industry-wide catastrophe insurance data, has given an initial estimate for windstorm Mike-Niklas (Lentestorm in the Netherlands) of €853 million [$952...

In Land of Negative Yields, Even Conservative Insurers Eye Junk Bond Investments

May 5 2015 // The new fixed-income haven is, of all things, the market for junk bonds.With government securities in Germany to Japan and Ireland yielding less than nothing, money is pouring into exchange- traded funds that buy...

German Soccer Club Insured for Revenue Losses; Policy Led by Catlin, XL

Apr 23 2015 // Borussia Dortmund is using an unusual insurance policy to recover most of the income it is losing for failing to qualify for European soccer’s elite Champions League for the first time in five years, according to two...

AIR Estimates Cyclone Niklas Insured Losses from $1.09 to $2+ Billion

Apr 7 2015 // Catastrophe modeling firm AIR Worldwide estimates that insured losses from Extratropical Cyclone Niklas will range between €1.0 billion and €1.9 billion [$1.09 to $2.07 billion], with the majority of losses in...

German Aviation Authority Didn’t Know Crash Pilot’s Medical History

Apr 6 2015 // The German aviation authority did not know about co-pilot Andreas Lubitz’s medical background prior to the Germanwings crash that killed 150 people, it told Reuters on Sunday, raising more questions over medical...

Families of Germanwings Crash Victims Must Prepare for Differing Payouts

Apr 2 2015 // Families of those killed aboard the Germanwings flight are likely to receive vastly different payouts depending on their nationality, where they bought the ticket, and how much they earned, even though they all shared the...

Extra-Tropical Cyclones Niklas and Mike Strike No. Europe: AIR Worldwide

Apr 1 2015 // AIR Worldwide reports that extra-tropical cyclone Niklas, currently battering northern Europe with gale-force winds, “is reportedly one of the worst storms to affect Germany in recent years. High winds and heavy...

Co-Pilot’s Ex-Girlfriend Tells of his Psychiatric Problems; Big ‘Gesture’ Plan

Mar 30 2015 // The co-pilot suspected of deliberately crashing an airliner, killing 150 people, had told his girlfriend he was planning a spectacular gesture so “everyone will know my name,” a German daily said on...

Update: Lufthansa Liability May be Unlimited; Insurance in Play

Mar 27 2015 // The families of passengers on the doomed jet operated by Deutsche Lufthansa AG’s Germanwings will able to seek unlimited recoveries from the carrier because the co-pilot may have deliberately crashed the plane into...