Latest Germany Headlines
All the headlines from our Germany Topic Page, ordered by recency.
UK, France, Germany Huddle on Iran Oil Tanker Insurance
May 15 2018 // If European powers are to succeed in holding together a nuclear deal with Iran that the U.S. abandoned a week ago, then one issue they’ll need to consider is the insurance of oil tankers hauling the Persian Gulf...
Nations with National Regulatory Policies Outpacing U.S. on Driverless Cars
May 15 2018 // Cars that drive themselves are finding the clearest paths to showrooms in the U.K., Germany, South Korea and Singapore, where governments have enacted legislation allowing autonomous vehicles to be tested on public roads....
German Court Approves Dashcam Evidence for Accident Claims
May 15 2018 // Germans will be able to use dashcam footage as evidence in some road accident cases following a federal supreme court ruling on Tuesday, even though it violates strict privacy rules. A German court sparked a debate in 2016...
German Prosecutors Eye Investigation of Auto Supplier Bosch over Emissions Scandal
Apr 20 2018 // German prosecutors may widen an investigation into auto supplier Robert Bosch over its suspected involvement in emissions test cheating to include dealings with Fiat, Ford, General Motors and Hyundai, according to the...
Why Driverless Delivery of Goods Is Likely to Arrive Before Passengers
Mar 13 2018 // In the wait for self-driving technology, cell-phone toting tech bros may have to cede their spot in line to pizzas, Craigslist couches and the mounting ephemera of e-commerce. The future—at least in the near-term—will...
Legacy Acquirer DARAG Completes Purchase of Sweden’s IKANO Försäkring
Mar 6 2018 // DARAG Group Ltd., a leading European legacy acquirer, it has acquired IKANO Försäkring AB, the Sweden-based insurance company. The transaction provides the owner of the Swedish insurer with legal and economic finality in...
Generali Evaluates Offers for Its $49B German Life Insurance Portfolio: Sources
Mar 2 2018 // Athene Holding Ltd. and Viridium Group GmbH submitted binding bids for Assicurazioni Generali SpA’s 40 billion-euro ($49 billion) German life insurance portfolio, according to people with knowledge of the...
German Government Marshals Defenses Against Powerful Cyber Attack
Mar 2 2018 // Germany’s government was marshaling its defenses on Thursday against a powerful cyber attack that lawmakers said had breached the foreign ministry’s computer network and whose origins officials admitted were...
Europe’s Storm Friederike (aka David) to Cost Insurers €1.5B (US$1.8B): PERILS
Feb 28 2018 // The initial insured price tag for Extratropical Cyclone Friederike, also known as David, is an estimated €1.5 billion (US$1.8 billion), according to PERILS, the independent Zurich-based organization that provides...
January Windstorms to Cost Europe’s Insurers More Than $2B: Aon
Feb 9 2018 // European windstorms Friederike, Eleanor and Carmen wreaked widespread damage in January, causing insured losses of more than $2 billion, according to a report published by Impact Forecasting, Aon Benfield’s...
Nearly 75% of Organizations in 5 Countries Fail in Cyber Security Readiness: Hiscox
Feb 7 2018 // Major shortcomings exist in cyber security readiness for nearly three-quarters (73%) of more than 4,100 organizations in five countries, despite keen awareness of the threat, according to a study commissioned by specialist...
PERILS Raises Insured Loss Estimate for Germany-Austria’s Cyclone Herwart
Jan 29 2018 // PERILS AG has raised the loss estimate for windstorm Herwart which hit Austria and Germany on Oct. 29, 2017 to €255 million ($316.9 million). This compares to the initial loss estimate of €252 million ($313.2 million)...
Deutsche Bank Forms Bancassurance Partnership with Digital Broker Friendsurance
Jan 16 2018 // Deutsche Bank and digital insurance broker Friendsurance have formed a partnership designed to make it simpler and more transparent and convenient for clients to arrange for their insurance needs. To drive this, Deutsche...
German Prosecutors Investigate Bosch over Suspected Audi Emissions Test Cheating
Jan 12 2018 // German prosecutors said on Thursday they had launched another probe into Robert Bosch GmbH over its suspected involvement in emissions test cheating – this time in relation to its work with Volkswagen’s premium...
Insured Losses from Europe’s Storm Eleanor/Burglind Estimated at $1.3B-$1.9B: AIR
Jan 12 2018 // Insured losses from winter Storm Eleanor/Burglind, which hit northern Europe on Jan. 3, will range between €1.1 billion ($1.3 billion) and €1.6 billion ($1.9 billion), according to estimates from catastrophe modeling...
Ford Denies Truck Owners’ Claims of Diesel Cheating
Jan 11 2018 // Ford Motor Co. installed software that enabled its F-250 and F-350 Super Duty trucks to cheat at passing federal emissions tests, according to a lawsuit by truck owners filed on Wednesday, a claim the No. 2 U.S. automaker...
Few Women Hold Leadership Roles in Germany’s Financial Services Sector: Study
Jan 10 2018 // Women occupied only around 9 percent of top management jobs in Germany’s finance industry in 2017, and the pace at which the gender gap is narrowing has slowed in recent years, according to a study on Wednesday. Only...
Insured Losses for Germany’s Cyclone Xavier Rise to US$391.5M: PERILS
Jan 5 2018 // The insured property market loss for Extratropical Cyclone Xavier, which affected Germany on Oct. 5, 2017, has risen to €325 million (US$391.5 million)., according to data released by PERILS, the independent Zurich-based...
Insured Losses for Germany-Austria’s Storm Herwart Estimated at $337.3M: PERILS
Dec 11 2017 // The initial insured property loss estimate for Extratropical Cyclone Herwart, which hit Austria and Germany on Oct. 29, 2017, is €252 million ($337.3 million), according to PERILS, the independent Zurich-based...
World Leaders Aim to Breathe New Life into Paris Climate Pact; AXA Plans Initiatives
Dec 11 2017 // French President Emmanuel Macron this week will seek to breathe new life into the fight against global warming and sway debate away from skeptics of the process led by U.S. President Donald Trump. At a series of events in...
