All the headlines from our Germany Topic Page, ordered by recency.
Nov 14 2014 // Talanx will book 214 million euros ($267 million) profit from the sale of its 5.03 percent stake in the Zurich-based life insurer in the fourth quarter, the company said in a statement from Hanover, Germany today.The sale...
Nov 5 2014 // Hannover Re, the world’s third- biggest reinsurer, said third-quarter profit rose 21 percent, helped by a benign U.S. hurricane season and higher income from investments.Net income rose to 251 million euros ($315...
Oct 30 2014 // Signal Iduna, a German insurance provider, has launched a new car insurance policy through ‘sijox’, its young customer brand.“AppDrive powered by TomTom” uses a smartphone app to provide feedback on...
Oct 29 2014 // FAW-Volkswagen Automobile Ltd, a Chinese joint venture of Volkswagen AG, will recall 270,635 Audi cars in China due to an air bag software issue, China’s quality watchdog said.A spokeswoman at Audi China said the...
Oct 27 2014 // Swiss Re Corporate Solutions opens an office in Frankfurt, Germany, to reinforce its presence in the German commercial insurance market. The office will initially focus on property and surety products for corporations in...
Oct 21 2014 // Hannover Re, the world’s third- largest reinsurer, expects more than 5 billion euros ($6.4 billion) in losses from two storms to sustain prices for coverage in Germany.“Heavy loss expenditures, especially in...
Oct 16 2014 // Despite varying internal pressures, the German and French insurance markets have shown resilience in their respective ways, according to two separate reports issued by A.M. Best.While Germany’s economy is among the...
Sep 29 2014 // For some, being prepared for Oktoberfest means downloading an app that points you to the nearest restroom or helps you decipher Bavarian dialect. A novelty at this year’s event is an online casualty insurance with...
Sep 29 2014 // Talanx AG, Germany’s third-biggest insurer, plans to shift investment to countries outside the euro region as monetary policy measures erode returns on assets in the currency union.“Generally speaking,...
Sep 18 2014 // Mercedes-Benz has followed Volkswagen AG’s Audi unit in getting a license to test self- driving vehicles on California roads as the luxury-car makers vie for a market predicted to grow to $87 billion by...
Sep 16 2014 // Uber Technologies Inc. won the reversal of a nationwide ban in Germany of the company’s ride-hailing app after judges said a group of taxi dispatchers improperly used emergency procedures to obtain the initial court...
Sep 5 2014 // Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Companies, announced the launch of its new probabilistic hail model for Europe.The bulletin...
Sep 4 2014 // A red VW Golf jerks back and forth as it maneuvers into a parking space in the English spa town of Cheltenham. The halting efforts resemble those of a new driver, and in a sense they are — just not from the person...
Aug 27 2014 // Germany’s insurers said they may back a government call to invest in infrastructure to help cover an annual €7 billion ($9.23 billion) taxpayer shortfall to repair roads and bridges.The GDV, the Berlin-based group...
Aug 25 2014 // Swiss Re Corporate Solutions announce the appointment of Kuno Linder as Country Manager Germany. He will be based in Munich and be in charge of the company’s interests in the German commercial insurance market,...
Aug 18 2014 // Berlin has banned car service Uber, which allows users to summon a ride on their smartphone, for not offering drivers and vehicles licensed to carry passengers, or full insurance cover, the German capital said.The ban...
Aug 14 2014 // Talanx AG, Germany’s third-biggest insurer, said second-quarter profit dropped 19 percent on lower investment income.Net income declined to €165 million ($220 million) from €204 million [$272.6 million] a year...
Aug 1 2014 // Direct Line Insurance Group Plc, the U.K.’s biggest home and motor insurer, said it was in talks to sell its units in Germany and Italy. The shares climbed the most since its initial public offering in October...
Aug 1 2014 // Allianz is poised to reappoint Michael Diekmann as chief executive in October, investors believe, possibly delaying tough choices on whether Europe’s largest insurer expands its global presence or returns more cash...
Jul 16 2014 // The German unit of Allianz SE, Europe’s biggest insurer, sees no need to follow up on a cost-cutting program in its non-life business that has dragged on three years.“We have achieved a lot; now it’s time...