All the headlines from our Germany Topic Page, ordered by recency.
Jan 11 2012 // German insurer Allianz is ready to adjust its €750 million [$952 million] non-voting capital stake in Commerzbank to help the German lender strengthen its balance sheet, two sources familiar with the talks between the...
Jan 9 2012 // According to catastrophe modeling firm AIR Worldwide, Windstorm Andrea passed through the U.K. earlier this week, fast on the heels of Windstorm Ulli, which brought widespread travel and power disruptions to Scotland. The...
Jan 6 2012 // The man who allegedly ignited more than 50 fires that terrorized Los Angeles last week is also under investigation in Germany for a house fire near Frankfurt.U.S. investigators also disclosed that a search of Harry...
Jan 4 2012 // France’s AXA S.A. has again topped the list of the world’s 25 largest insurance companies, based on premiums written, compiled by A.M. Best. The lists, which were compiled both on asset value and on net...
Dec 22 2011 // Connecticut Insurance Commissioner Thomas Leonardi announced this week that the Connecticut’s insurance department entered into its third cooperative agreement with a European financial regulator — the second...
Dec 9 2011 // Europe divided on Friday in a historic rift over building a fiscal union to preserve the euro, with a large majority of countries led by Germany and France agreeing to move ahead with a separate treaty, leaving Britain...
Nov 17 2011 // Thousands of aging Holocaust survivors in the U.S. want Congress to clear a path for them to sue European insurance companies they contend illegally confiscated Jewish life insurance policies during the Nazi era and have...
Nov 17 2011 // Torus Insurance announced that it has “enhanced its offering in Europe with the appointment of Brian Byrnes as Senior Underwriter for General Property and Marco Sonntag as Senior Underwriter for Casualty.”They...
Nov 8 2011 // Catastrophe risk modeling firm AIR Worldwide has released an inland flood model for Germany, which it said “offers a fully probabilistic approach for determining the likelihood of flood losses from all types of...
Nov 3 2011 // The leaders of Germany and France told Greece on Wednesday it would not receive another cent in European aid until it decides whether it wants to stay in the euro zone.They also made clear that saving the euro was...
Nov 1 2011 // Prime Minister George Papandreou’s shock announcement that he will put Greece’s bailout to a referendum threatened to intensify the euro zone crisis, and brought complaints in Germany that Athens is trying to...
Nov 1 2011 // The London-based Liberty International Underwriters in Europe (LIU Europe), a member of Liberty Mutual Group, has opened a new office in Hamburg, Germany, aimed at to strengthening “its position as a competitive,...
Oct 27 2011 // The euro and stocks rallied on Thursday after European leaders struck a deal to provide debt relief for Greece, but analysts warned the plan would fail to halt the euro zone’s two-year-old debt crisis unless crucial...
Oct 21 2011 // France’s push to use more European Central Bank money to fight the euro zone debt crisis ran into strong resistance from Germany and other EU partners on Friday, leaving Paris increasingly isolated before a crucial...
Oct 18 2011 // New research by Finaccord, a specialist market research consulting firm, estimates that the market for motor insurance for fleet vehicles across ten European countries is worth €15.8 billion [$21.77 billion] in premiums...
Oct 17 2011 // The U.S. Securities and Exchange Commission does not plan to charge Allianz SE for illegal activity at its private equity investments, according to two people familiar with the matter, in a case that could have tested the...
Oct 12 2011 // A.M. Best Co. has assigned a financial strength rating of ‘B++’ (Good) and issuer credit ratings of “bbb+” to RetailFirst Insurance Company and BusinessFirst Insurance Company, collectively referred...
Oct 6 2011 // The Dollywood theme park in East Tennessee has filed a $500,000 lawsuit against a German company over a ride that park officials claim has malfunctioned.The suit, in Sevier County Circuit Court, claims the Timber Tower...
Oct 3 2011 // JPMorgan Chase & Co. and Bank of America Corp. were hit with new lawsuits by investors claiming losses on $4.5 billion of soured mortgage debt, adding to litigation targeting the two largest U.S. banks.The plaintiff...
Sep 28 2011 // LG Electronics filed a suit in South Korea, seeking a ban on the sale of BMW and Audi cars, expanding its legal battle over lighting-product patents with Siemens unit Osram to automakers.The sales injunction request filed...