Latest Germany Headlines
All the headlines from our Germany Topic Page, ordered by recency.
XL Expands German Professional Indemnity Offering With Heienbrok Appointment
Jan 27 2015 // XL Group has expanded its professional indemnity offering in the German market with the appointment of Jens Heienbrok as professional indemnity manager. XL Group said it made this strategic appointment because the market...
Arsonists Attack German Paper that Published French Cartoons
Jan 12 2015 // Police in Germany have detained two men suspected of an arson attack early Sunday against a newspaper that republished the cartoons of French weekly Charlie Hebdo. The newspaper Hamburger Morgenpost said on its website the...
Paris Killings Seen Fueling Anti-Islam Movements in Europe
Jan 8 2015 // The killing of at least 12 people at a French magazine that received threats because of its depiction of Islam stands to exacerbate burgeoning anti-Muslim sentiment in Europe, political analysts said. The shooting by...
Zurich Insurance to Offer Direct Lending in Europe to Boost Returns
Dec 16 2014 // Zurich Insurance Group AG, Switzerland’s largest insurer, is about to make its first investments in European direct lending, including infrastructure debt. The insurer wants to lend to small to medium-sized European...
High Cost Hinders Progress of Carbon Capture As Climate-Change Fix
Dec 9 2014 // Scientists know only two credible ways to prevent temperatures from rising to dangerous levels: stop burning fossil fuels or capture and bury the carbon dioxide byproduct before it gets into the atmosphere. The second...
Talanx Sells Remaining Shares in Swiss Life to Strengthen Balance Sheet
Nov 14 2014 // Talanx AG, Germany’s third-biggest insurer, sold its stake in Swiss Life Holding AG to help mitigate the effect of low interest rates and to cover risk. Talanx will book 214 million euros ($267 million) profit from...
Hannover Re 3rd Quarter Profit Rises 21% on Benign Hurricane Season
Nov 5 2014 // Hannover Re, the world’s third- biggest reinsurer, said third-quarter profit rose 21 percent, helped by a benign U.S. hurricane season and higher income from investments. Net income rose to 251 million euros ($315...
German Insurer Uses Phone App to Help Improve Young Driver Safety
Oct 30 2014 // Signal Iduna, a German insurance provider, has launched a new car insurance policy through ‘sijox’, its young customer brand. “AppDrive powered by TomTom” uses a smartphone app to provide feedback...
Audi Cars in China Recalled Over Airbags From German Supplier
Oct 29 2014 // FAW-Volkswagen Automobile Ltd, a Chinese joint venture of Volkswagen AG, will recall 270,635 Audi cars in China due to an air bag software issue, China’s quality watchdog said. A spokeswoman at Audi China said the...
Swiss Re Corporate Solutions Opens Frankfurt Office
Oct 27 2014 // Swiss Re Corporate Solutions opens an office in Frankfurt, Germany, to reinforce its presence in the German commercial insurance market. The office will initially focus on property and surety products for corporations in...
Hannover Re Sees Storm Losses Stabilizing Reinsurance Prices in Germany
Oct 21 2014 // Hannover Re, the world’s third- largest reinsurer, expects more than 5 billion euros ($6.4 billion) in losses from two storms to sustain prices for coverage in Germany. “Heavy loss expenditures, especially in...
German and French Insurance Markets Show Resilience
Oct 16 2014 // Despite varying internal pressures, the German and French insurance markets have shown resilience in their respective ways, according to two separate reports issued by A.M. Best. While Germany’s economy is among the...
Oktoberfest Insurance App Highlights German Digital Trend
Sep 29 2014 // For some, being prepared for Oktoberfest means downloading an app that points you to the nearest restroom or helps you decipher Bavarian dialect. A novelty at this year’s event is an online casualty insurance with...
Talanx to Shift Investments to Non-Euro Countries
Sep 29 2014 // Talanx AG, Germany’s third-biggest insurer, plans to shift investment to countries outside the euro region as monetary policy measures erode returns on assets in the currency union. “Generally speaking,...
Next up to Test Self-driving Cars on California Roads: Mercedes-Benz
Sep 18 2014 // Mercedes-Benz has followed Volkswagen AG’s Audi unit in getting a license to test self- driving vehicles on California roads as the luxury-car makers vie for a market predicted to grow to $87 billion by...
Uber Wins Reversal of Germany’s Ban on Ridesharing App for Now
Sep 16 2014 // Uber Technologies Inc. won the reversal of a nationwide ban in Germany of the company’s ride-hailing app after judges said a group of taxi dispatchers improperly used emergency procedures to obtain the initial court...
Guy Carpenter Launches Probabilistic European Hail Model
Sep 5 2014 // Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Companies, announced the launch of its new probabilistic hail model for Europe. The bulletin...
Hacking Risk and Liability Issues Don’t Deter Makers of Driverless Cars
Sep 4 2014 // A red VW Golf jerks back and forth as it maneuvers into a parking space in the English spa town of Cheltenham. The halting efforts resemble those of a new driver, and in a sense they are — just not from the person...
German Insurers Weigh Funding to Plug Merkel Infrastructure Gap
Aug 27 2014 // Germany’s insurers said they may back a government call to invest in infrastructure to help cover an annual €7 billion ($9.23 billion) taxpayer shortfall to repair roads and bridges. The GDV, the Berlin-based group...
Swiss Re Corporate Solutions Names Linder Country Manager Germany
Aug 25 2014 // Swiss Re Corporate Solutions announce the appointment of Kuno Linder as Country Manager Germany. He will be based in Munich and be in charge of the company’s interests in the German commercial insurance market,...
