Latest Germany Headlines

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

Frankel Pleads Guilty in German Court

Jun 16 2000 // Martin Frankel, the financier that bilked several U.S. insurance companies of millions of dollars before disappearing and launching an international manhunt, has pleaded guilty to tax evasion charges in a German...

Frankel’s German Trial Begins

Jun 14 2000 // Martin Frankel’s passport fraud trial began today in Hamburg, despite promises by the German government to quickly return Frankel to the United States. The trial went forward, according to reports, due primarily to...

Marsh & McLennan Name New German Head

Jun 8 2000 // Sven Kado has been appointed chairman of MMC Germany, a subsidiary of MMC, the global Marsh operating company. He will be responsible for coordination between the heads of MMC’s German companies, Marsh GmbH, William...

German Archives Could Help Holocaust Victims’ Families

May 24 2000 // Houston-based Risk International and The Simon Wiesenthal Center have accessed German archives containing thousands of registries of seized Jewish assets. The discovery could help Holocaust survivors and their heirs...

S&P Has Negative Outlook on German P&C Insurers

May 22 2000 // Citing consistent downward trends over the last three years, Standard & Poor’s Rating’s Services forecasts problems for German P&C insurers.“Underlying performance in the German...

GERMANY READY TO PAY

Apr 10 2000 // German insurers will reportedly pay at least $270 million to settle unpaid claims on pre-World War II policies sold to Holocaust victims. That announcement came from Germany’s top compensation fund negotiator Otto...

Dresdner Suddenly Calls Off Planned Bank Merger

Apr 5 2000 // A month ago Dresdner Bank and Deutsche Bank (DB) announced plans to merge. With considerable help from their mutual shareholder, insurer Allianz AG, the two German banks seemed set to become the world’s largest bank,...

Munich Re at Impasse with Regulators over Holocaust Claims

Apr 3 2000 // The dialogue between the California Department of Insurance (CDI) and Germany’s Munich Re came down to a legal standoff in March with respect to the reinsurer’s perceived delays in turning over documents...

Allianz Comes Out the ‘Big Winner’ In German Bank Merger

Apr 3 2000 // On March 9, the German financial world quaked with the announcement that Deutsche Bank (DB), Germany’s largest bank, planned to merge with cross-town rival Dresdner Bank. Insurance giant Allianz AG was a driving...

Expert Says Nazis Stole Art

Feb 14 2000 // A U.S. government’s top art expert from the World War II era said the Nazis stole 600,000 pieces of art in Germany and the European lands they occupied during Hitler’s 12 years in power.About 200,000 works came...