Latest Germany Headlines
All the headlines from our Germany Topic Page, ordered by recency.
German Advisers Warn Europe’s Low Interest Rate Policies Risk Financial Stability
Nov 12 2015 // The German government’s panel of economic advisers said on Wednesday the European Central Bank’s low interest rates were creating substantial risks, and Finance Minister Wolfgang Schaeuble warned of a...
The Perilous North Atlantic – Europe’s War Time American Lifeline
Nov 10 2015 // Crossing the North Atlantic on a modern ocean liner is a pleasant and mostly uneventful experience these days. But gazing into the depths of the presently rather stormy ocean evokes the past, and the deadly conflicts,...
Volkswagen to Recall 11 Million Vehicles for Diesel Fix
Sep 29 2015 // Volkswagen announced plans on Tuesday to refit up to 11 million vehicles and overhaul its namesake brand to try to move on from the scandal over its cheating on diesel emissions tests. New Chief Executive Matthias Mueller...
PERILS Lowers Windstorm Niklas Insured Loss Estimate to $927 Million
Sep 29 2015 // PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has released its third loss estimate for windstorm Mike-Niklas, which, lowers the estimated property insurance...
Europe’s Rich Families – Such as EXOR’s Agnellis – Turn Dealmakers
Sep 29 2015 // John Elkann, the leader of Italy’s billionaire Agnelli family, has a way of preparing his relatives for a big takeover battle that you won’t see at your everyday company. In June, he gathered two branches of...
How Regulators Caught Volkswagen’s Diesel Deception
Sep 25 2015 // The confession of cheating that’s embroiled Volkswagen AG in one of the biggest scandals in auto industry history came on a cool California morning, on the sidelines of an academic conference focused on green...
Trying to Put a Price Tag on Volkswagen’s Emission-Fraud Scandal
Sep 22 2015 // An $18 billion liability figure attached itself last Friday to Volkswagen’s diesel disaster. This morning comes news that the German car maker has set aside $7.3 billion (€6.5 billion) to cover a scandal spreading...
Intellectual Property News: KitKat, Williams Sonoma, Whole Foods, Skechers, Segway, GoDaddy, Apple
Sep 18 2015 // This wrap-up of recent intellectual property cases covers chocolate bar shapes, cookware designs, sneaker similarities, Korean TV copyright device, Quizno’s commercials, personal transporter technology, Oscar award...
Allianz Teams with Volkswagen, Bayer and BASF in Anti-Hacking Venture
Sep 18 2015 // The German car giant that gave the world the Beetle may soon help you fend off cyber criminals. Volkswagen AG teamed with insurer Allianz SE, medical company Bayer AG and chemicals producer BASF SE to sell...
Germany’s Talanx Invests in Renewable Energy to Counter Low Interest Rates
Sep 16 2015 // Talanx AG, the German insurance company buying into its first offshore wind farm, said it’s likely to purchase more renewable-energy assets. The insurer sees renewables as offering “long-term, bigger yields...
XL Catlin Forms New Leadership Team for Germany
Sep 9 2015 // XL Catlin has announced a new insurance leadership team for Germany. The integration process is now well underway across XL Catlin, with the company maintaining a strong focus on bringing together and retaining its top...
Insurance Policy Led by Catlin, XL Gives Cash Boost to German Soccer Team
Aug 24 2015 // A rare insurance deal gave Borussia Dortmund, Germany’s only publicly traded soccer club, a financial boost even as the team had its worst performance in the Bundesliga championship in seven years. Dortmund finished...
ACE Offers New D&O Products in Germany; Dünkeloh Named Financial Lines Mgr.
Aug 17 2015 // ACE Group has launched two new D&O insurance products and has appointed a new financial lines manager in Germany, as it continues to respond to the rapidly evolving management liability cover needs of companies in...
Munich Re’s ERGO May Cancel Purchase of Greek Insurer on Instability
Jul 10 2015 // Munich Re’s ERGO Insurance unit may cancel its planned 90.1 million euro ($100 million) acquisition of Greece’s ATE Insurance SA if the country doesn’t return to stability. “Depending upon how the...
Germanwings Offers Emotional Damage Payments to Crash Victims’ Families
Jun 30 2015 // Germanwings is offering €25,000 ($27,833) compensation payments to close relatives of those killed in the March 24 plane crash for their pain and suffering, it said on Tuesday. Evidence shows co-pilot Andreas Lubitz...
Allianz to Shrink German Branch Network; Hit by Low Interest Rates
Jun 10 2015 // Allianz SE, Europe’s biggest insurer, said it will shrink its administrative branch network in Germany as low interest rates and regulatory demands hurt industry profitability. About 360 jobs, or about 1 percent of...
Generali Reorganizes German Business to Enhance Competitive Position
May 26 2015 // Generali is reorganizing its German market business with an aim to enhance the competitive position of the group by the end of 2018. The company is instituting simpler and business-focused governance, a stronger focus on...
$952 Million: PERILS Initial Loss Estimate for Windstorm Mike-Niklas
May 11 2015 // PERILS, the independent Zurich-based organization providing industry-wide catastrophe insurance data, has given an initial estimate for windstorm Mike-Niklas (Lentestorm in the Netherlands) of €853 million [$952...
In Land of Negative Yields, Even Conservative Insurers Eye Junk Bond Investments
May 5 2015 // The new fixed-income haven is, of all things, the market for junk bonds. With government securities in Germany to Japan and Ireland yielding less than nothing, money is pouring into exchange- traded funds that buy...
German Soccer Club Insured for Revenue Losses; Policy Led by Catlin, XL
Apr 23 2015 // Borussia Dortmund is using an unusual insurance policy to recover most of the income it is losing for failing to qualify for European soccer’s elite Champions League for the first time in five years, according to two...
