All the headlines from our Germany Topic Page, ordered by recency.
Apr 11 2006 // Former East German athletes who suffered health problems because of systematic doping plan to sue a pharmaceutical company for damages.Talks to settle the case out of court failed this week in Hamburg, their lawyer,...
Mar 22 2006 // Allianz Sachgruppe Deutschland, which incorporates all of the global insurer’s German P/C business, announced that total earnings after tax for 2005 were €1.79 billion ($2.14 billion), compared to the €1.25...
Jan 20 2006 // AIR Worldwide Corp. announced the opening of AIR Worldwide GmbH in Munich, Germany, “to meet the needs of its expanding client base in the region.” Yoern Tatge will head the new office.AIR noted: “Europe...
Jan 12 2006 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB+” long-term counterparty credit rating to Germany’s VHV Holding with a stable outlook.S&P said: “The rating...
Jan 3 2006 // At least 10 persons have been confirmed dead, and more are feared to have died, following the collapse of the roof of an ice rink in the Bavarian town of Bad Reichenhall.The BBC reported that at lest 50 people had been...
Dec 30 2005 // German’s Allianz AG has released a series of documents in furtherance of its plans to merge its German and Italian operations into one European Group.As announced last September (See IJ Website Sept. 13) Allianz...
Dec 28 2005 // Guy Carpenter & Company Ltd. reported the release of European Flood Report 2005 – Central and Eastern Europe, a detailed summary and review of 2005 Central and Eastern European flood activity. The report,...
Nov 24 2005 // A.M. Best Co. announced that it has assigned a financial strength rating of “B++” (Very Good) and an issuer credit rating of “bbb” to German insurer Württembergische und Badische Versicherungs-AG...
Nov 23 2005 // Standard & Poor’s Ratings Services announced that it has “placed its ‘A-‘ counterparty credit and insurer financial strength ratings on Germany-based property/casualty insurer Allianz Marine...
Nov 22 2005 // Standard & Poor’s Rating Services announced that it has “raised to ‘A’ from ‘A-‘ its long-term counterparty credit and insurer financial strength rating on Germany-based car and...
Nov 9 2005 // Germany’s Talanx AG, which among other interests holds a 51 percent stake in Hannover Re (and consequently Clarendon in the U.S.), is currently in “advanced talks” to acquire the Gerling Group’s...
Sep 13 2005 // Germany’s Allianz AG announced an offer to shareholders of Riunione Adriatica di Sicurtà (RAS) S.p.A for the approximately 45 percent of the shares it doesn’t already own. At 19 euros ($23.35) per share that...
Sep 5 2005 // Extreme Weather Hits Europe: Devastating wild fires in Portugal; torrential rains in Switzerland, Austria, Germany and Romania; drought in much of France. There seems to be no end to the list of extreme weather conditions...
Sep 5 2005 // Extreme Weather Hits Europe: Devastating wild fires in Portugal; torrential rains in Switzerland, Austria, Germany and Romania; drought in much of France. There seems to be no end to the list of extreme weather conditions...
Aug 18 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Germany’s Gerling-Konzern Allgemeine Versicherungs-Aktiengesellschaft (GKA) and its U.S. subsidiary, the...
Aug 11 2005 // A.M. Best Co. announced that it has assigned a financial strength rating of “A” (Excellent) and an issuer credit rating of “a” to Germany’s HDI Industrie Versicherung AG (HDI Industrie) with a...
Jul 5 2005 // Days after the U.S. Treasury issued its report downplaying the need for renewal of a federal terrorism risk reinsurance program, an organization of 30 democratic countries including the U.S. has warned of shortfalls in...
Jun 30 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings to “A” from “A-” on VHV Vereinigte Hannoversche...
Jun 8 2005 // GE Insurance Solutions and the Institute of Insurance Economics of Switzerland’s University of St. Gallen have issued a joint study of the German reinsurance market from the point of view of the buyer, the primary...
May 9 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “B++” (Very Good) of German insurer SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft SOVAG (Sovag), with a stable...