All the headlines from our Germany Topic Page, ordered by recency.
Nov 18 2022 // Germany’s top four carmakers and parts supplier Bosch knowingly broke rules when developing a type of emissions software, an environmentalist group said on Thursday, in a years-long legal battle that could open the...
Oct 24 2022 // Everest Insurance, the insurance division of Everest Re Group Ltd., announced its further expansion into the European market with the opening of two new branches in Paris, France and Düsseldorf, Germany. Plans for a third...
Sep 30 2022 // Allianz X, the digital investments arm of Allianz Group, will acquire 100% of the shares in Berlin-based simplesurance. Allianz X has been a strategic investor in the Berlin-based insurtech company since 2016 and most...
Aug 24 2022 // Several substances seem to have contributed to the massive fish die-off in the Oder River that forms much of Germany’s border with Poland, a German official said Monday.Numerous theories have been floated about the...
Aug 8 2022 // Water levels on the Rhine in Germany fell again during hot dry weather over the weekend and cargo vessels cannot sail fully loaded, vessel brokers and commodity traders said on Monday.Shallow water is causing problems for...
Jul 26 2022 // This edition of International People Moves details appointments at the broker Howden RE and the MGA Alta Signa Europe.A summary of these new hires follows here. Howden RE Hires Former Carpenter Exec Thienel to Launch...
Jul 20 2022 // Low water levels in the Rhine river may have a similar impact on German economic output as they did in 2018, according to Berenberg.That was the last year in which the river — a key waterway that’s critical for...
Jul 19 2022 // Tesla Inc. was hit by a lawsuit in Germany over potential privacy concerns linked to its car surveillance cameras and claims that buying its vehicles helps cut CO2 emissions.VZBV, the main German consumer association,...
Jul 12 2022 // Berlin insurtech wefox reports it has closed a Series D funding round of US$400 million and increased its valuation to US$4.5 billion.The round included both equity and debt. Abu Dhabi sovereign investor Mubadala...
Jul 6 2022 // FRANKFURT – Germany’s road traffic agency said it was recalling Tesla models Y and 3 because of a fault in the automatic emergency call system that affects 59,000 vehicles globally.The KBA watchdog said on its...
Mar 2 2022 // Insured losses from February’s windstorms Dudley and Eunice will likely fall between 3.0 and 4.5 billion Euro (US$3.4 and US$5.1 billion), with Germany accounting for around 40% of the total loss, according to risk...
Feb 26 2022 // Volkswagen AG has lost hope that many of its roughly 4,000 vehicles aboard a cargo ship that caught fire last week in the Atlantic can be saved.The automaker’s brands and dealers have started notifying customers that...
Feb 25 2022 // Insured losses due to wind from Winter Storms Dudley/Ylenia and Eunice/Zeynep will range between €3 billion and €5 billion (US$2.2 billion-$5.6 billion), the majority of which are expected in Germany, UK, and the...
Feb 25 2022 // Brewer Carlsberg, Japan Tobacco and a Coca-Cola bottler were among firms shutting factories in Ukraine on Thursday following Russia’s invasion, while UPS and FedEx Corp. suspended services in and out of the...
Feb 23 2022 // This edition of International People Moves details appointments (and a retirement) at Beazley, Berkshire Hathaway Specialty Insurance (BHSI) and Oneglobal Broking.A summary of these announcements follows here....
Feb 18 2022 // German insurer and asset manager Allianz ALVG.DE on Thursday said it would set aside 3.7 billion euros ($4.20 billion) to deal with investigations and lawsuits resulting from the collapse of a multi-billion-euro set of...
Feb 16 2022 // Storms across northwest Europe are set to drive electricity generation from wind farms to records this week in gusty conditions that threaten to disrupt transportation and down power lines.Weather forecasters in the UK,...
Feb 15 2022 // Sompo International Holdings Ltd., a global Bermuda-based specialty provider of property/casualty insurance and reinsurance, announced it has moved its German operations from Dusseldorf to its new headquarters located in...
Feb 14 2022 // Germany’s Mabanaft GmbH & Co. KG, the fuel storage and distribution company that suffered a cyber attack at the end of January, said its first tests to restore operations weren’t successful, according to a...
Feb 8 2022 // A cyber attack targeting fuel storages in Germany and parts of northern Europe stretched into a sixth day with little visibility over when things will get back to normal.Mabanaft Germany, whose systems were breached,...