Latest Germany Headlines

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

Derisking Dilemma: How German Companies Are Tackling China Risk

Oct 19 2023 // Thomas Nuernberger is preparing for tougher times.For the past seven years, the 55-year-old has run the Chinese unit of fan and motor maker ebm-papst, and business has been good. But, as tensions simmer between Berlin and...

Germany to Send Air Defenses for Kyiv to Guard Grain Routes

Oct 6 2023 // Germany plans to supply additional air defenses for Ukraine to help protect grain shipments from potential Russian attacks, according to people familiar with the matter.Berlin will send one extra IRIS-T air defense system...

Low Water Levels Hamper Rhine River Shipping in Germany

Oct 5 2023 // Low water levels after recent dry weather are preventing cargo vessels from sailing fully loaded on the Rhine river in Germany with surcharges added to the usual freight rates, commodity traders said on Thursday.Low water...

PE Firm Cinven Eyes Sale of German Life Insurer Viridium: Sources

Oct 3 2023 // Cinven is considering a sale of German life insurer Viridium after another of its insurance investments in Europe, Eurovita, was hit by heavy customer outflows earlier in the year, three people familiar with the matter...

Tech Startups in US, France, Germany Help in Fight Against Wildfires

Sep 25 2023 // This year has been a challenging one for Phil Schneider, who hasn’t seen wildfire behavior like this in his 47-year firefighting career.Blazes raged through more than 2,000 acres of wildland in recent months in his...

People Moves: DUAL Appoints McGinn From Allianz as UK CEO; Howden Germany Taps Aon’s Breeck to Lead New Large Corporate Clients Unit

Sep 5 2023 // This edition of International People Moves details appointments at the Howden MGA DUAL and at the broker Howden Germany.A summary of these new hires follows here. DUAL Appoints McGinn From Allianz as UK CEODUAL, the...

Cargo Thieves Target Electronics, Chemicals, Pharmaceuticals: German Insurance Study

Aug 17 2023 // German transport insurers report a significant increase in stolen goods – with thieves targeting electronic devices as well as chemical and pharmaceutical products.Every 20 minutes, goods are stolen from a truck,...

German Cabinet Passes Landmark Bill Over Legal Cannabis Use

Aug 16 2023 // Germany’s cabinet passed a contentious bill on Wednesday to legalize recreational marijuana use and cultivation, one of the most liberal cannabis laws in Europe that could potentially provide further momentum for a...

Microsoft Hit With EU Antitrust Complaint by German Rival Over Bundling of Teams App

Jul 21 2023 // Microsoft was hit with an EU antitrust complaint by German rival alfaview on Thursday, the second so far over its bundling of video app Teams into its Office product, as the bloc’s regulator prepares to investigate...

Howden Acquires German Marine Broker Northern Lloyd

Jun 16 2023 // Howden, the London-based insurance broker, announced it has strengthened its marine offering in Europe with the acquisition of Bremen-based broker Northern Lloyd, one of the leading marine brokers in Northern Germany.The...

BioNTech Faces First German Lawsuit Over Alleged COVID-19 Vaccine Side Effects

Jun 12 2023 // BioNTech will go to court on Monday to defend itself against a lawsuit from a German woman who is seeking damages for alleged side effects of its COVID-19 vaccine, the first of potentially hundreds of cases in the...

War in Ukraine Prompts Hike in Cyber Attacks on German Businesses

Jun 12 2023 // More than one in 10 German companies were the victim of a cyberattack last year, according to a new study, with the war in Ukraine prompting a steep increase in hacking in Europe’s largest economy.In a survey...

Germany’s Talanx Buys Liberty Mutual’s Latin American Business for 1.38 Billion Euros

May 30 2023 // Germany’s Talanx said on Saturday it had acquired Liberty Mutual Insurance’s Latin America business for about 1.38 billion euros ($1.52 billion), through its subsidiary HDI International. “The acquisition...

France and Germany Show No Sign of Agreement on Role of Nuclear in Clean Energy

May 22 2023 // France and Germany are showing no sign of nearing a compromise on the role of nuclear energy in the European Union’s transition to cleaner energy, highlighting the challenge faced in reaching a deal in the coming...

Generali Agrees to Sell German Specialized Pension Unit to Fosun-Backed Company

May 4 2023 // Italy’s top insurer Generali said on Thursday it had agreed to sell its German specialized pension unit to Fosun-backed Frankfurter Leben as it seeks to improve profitability in the life business and free up capital....

German Insurtech wefox Launches Global Affinity Business

May 3 2023 // wefox, the Berlin-based insurtech, has launched a global affinity business, which increases its existing distribution channel and extends the ability of the company to deliver insurance solutions through partners.This core...

Verisk Acquires German Motor Claims Insurtech SV Krug

Apr 27 2023 // Verisk, a leading global data analytics and technology provider, has acquired Krug Sachverständigen GmbH, a Germany-based motor claims solutions provider. The acquisition expands Verisk’s claims and casualty...

People Moves: Hiscox Re & ILS Hires Hamilton Re’s Shah as Dir. of U/W Risk; BHSI Names Claims Execs in Germany; Aon’s Reins. Solutions Taps AXA XL’s Grigg for Cyber

Apr 26 2023 // This edition of International People Moves details appointments at Hiscox Re & ILS, Berkshire Hathaway Specialty Insurance (BHSI), and Aon’s Reinsurance SolutionsA summary of these new hires follows here. Hiscox...

People Moves: Howden Names Holz as CEO for Germany, Creating Howden Deutschland; Chubb Promotes Vaughan for High Net Worth Insurance Business in Europe

Apr 25 2023 // This edition of International People Moves details appointments at Howden Broking and Chubb.A summary of these new hires follows here. Howden Names Holz as CEO for Germany, Creating Howden DeutschlandHowden, the...

Thieves Blow Up German ATMs Every Day, With Attacks Rising 40%-Plus Since 2019

Apr 14 2023 // In the German town of Ratingen, exploding cash machines are a hot-button topic.Two got blown up early on the same morning last month, at branches of Santander and Deutsche Bank across the street from each other close to...