All the headlines from our Germany Topic Page, ordered by recency.
Sep 21 2021 // This edition of International People Moves details appointments at Liberty Specialty Markets, Amwins Global Risks and Lockton Re.A summary of these new hires follows here. Liberty Specialty Markets Appoints AXA XL’s...
Sep 10 2021 // FRANKFURT/WASHINGTON — The U.S. Department of Justice (DOJ) investigation into German insurer Allianz is looking at possible misconduct by fund managers and misrepresentation of risk to investors, three people with...
Sep 7 2021 // German regulators have launched an investigation into the country’s biggest financial company, Allianz, after the demise of some of its U.S. investment funds last year, people with direct knowledge of the matter told...
Sep 7 2021 // Greenpeace and German environmental NGO Deutsche Umwelthilfe (DUH) will take legal action against BMW, Daimler’s Mercedes-Benz , Volkswagen and gas and oil firm Wintershall Dea over their impact on climate change,...
Sep 2 2021 // German insurers face claims of about 11.5 billion euros ($13.6 billion) in 2021 after extensive flooding and hail storms, Germany’s insurance lobby GDV said on Thursday.It could be the most expensive year for...
Sep 1 2021 // German companies will not be granted the right to find out whether their employees are vaccinated against COVID-19, although provisions could be made for some particularly risky workplaces, the labor minister said on...
Aug 27 2021 // Devastating floods in western Germany last month likely caused insured damage to the tune of about 7 billion euros ($8.2 billion), an insurance industry group said Wednesday, significantly increasing its previous...
Aug 24 2021 // Working from home during the pandemic cost German companies some 53 billion euros ($62 billion) worth of damages from cyber attacks, according to estimates by the Cologne Institute for Economic Research.Overall damages hit...
Aug 24 2021 // The heavy rains and floods that killed at least 220 people in Belgium and Germany this summer were made more likely and more intense by climate change.These are the conclusions of a rapid attribution report put together in...
Aug 12 2021 // Extreme precipitation in mid-July resulted in the costliest flooding events on record for German and Chinese insurers, which face potential losses of $6.5 billion and $1.7 billion, respectively, according to Aon’s...
Jul 28 2021 // AIR Worldwide, the Boston-based catastrophe modeling firm, estimates insured losses in Germany from July flooding could approach €5 billion ($6 billion).Low pressure system “Bernd” parked itself over central...
Jul 22 2021 // With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany’s recent floods are likely to be significantly higher, which highlights a sizable insurance...
Jul 20 2021 // The recent severe floods in Germany could add up to 5 percentage points to German non-life insurers’ net combined ratios (net claims and expenses to net premiums), according to Fitch Ratings.The insured losses are...
Jul 16 2021 // Chancellor Angela Merkel pledged swift help backed by “all the power of the state” for people affected by devastating flooding in western Germany, where at least 42 people have died and dozens are...
Jul 12 2021 // A district council in eastern Germany has declared a disaster after its computer systems were paralyzed by a hacker attack in what the federal cyber-security watchdog confirmed was the country’s first-ever...
Jul 8 2021 // Germany’s largest consumer protection group filed a lawsuit on Wednesday against car maker Daimler that it said would make it easier for Mercedes owners to gain redress over a diesel emissions scandal.The lawsuit,...
Jun 29 2021 // Swiss Re’s iptiQ and ImmoScout24, Germany’s leading online real estate platform, are launching a loss-of-rent insurance product, which provides private landlords with protection against the financial...
Jun 23 2021 // BERLIN – German lawmakers presenting a report Tuesday into the collapse of the payment processing company Wirecard accused the country’s finance minister and auditors Ernst & Young of numerous oversight...
Jun 7 2021 // ELEMENT, the Berlin-based white-label provider of digital insurance solutions, has raised €16 million (US$19.5 million), in additional investment from existing and new investors.The additional capital will be used to...
Jun 1 2021 // BERLIN – Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking round for a so-called insurtech company that valued the business at $3 billion.The...