Latest Germany Headlines
All the headlines from our Germany Topic Page, ordered by recency.
$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...
AIR Estimates Cyclone Niklas Insured Losses from $1.09 to $2+ Billion
Apr 7 2015 // Catastrophe modeling firm AIR Worldwide estimates that insured losses from Extratropical Cyclone Niklas will range between €1.0 billion and €1.9 billion [$1.09 to $2.07 billion], with the majority of losses in...
German Aviation Authority Didn’t Know Crash Pilot’s Medical History
Apr 6 2015 // The German aviation authority did not know about co-pilot Andreas Lubitz’s medical background prior to the Germanwings crash that killed 150 people, it told Reuters on Sunday, raising more questions over medical...
Families of Germanwings Crash Victims Must Prepare for Differing Payouts
Apr 2 2015 // Families of those killed aboard the Germanwings flight are likely to receive vastly different payouts depending on their nationality, where they bought the ticket, and how much they earned, even though they all shared the...
Extra-Tropical Cyclones Niklas and Mike Strike No. Europe: AIR Worldwide
Apr 1 2015 // AIR Worldwide reports that extra-tropical cyclone Niklas, currently battering northern Europe with gale-force winds, “is reportedly one of the worst storms to affect Germany in recent years. High winds and heavy...
Co-Pilot’s Ex-Girlfriend Tells of his Psychiatric Problems; Big ‘Gesture’ Plan
Mar 30 2015 // The co-pilot suspected of deliberately crashing an airliner, killing 150 people, had told his girlfriend he was planning a spectacular gesture so “everyone will know my name,” a German daily said on...
Update: Lufthansa Liability May be Unlimited; Insurance in Play
Mar 27 2015 // The families of passengers on the doomed jet operated by Deutsche Lufthansa AG’s Germanwings will able to seek unlimited recoveries from the carrier because the co-pilot may have deliberately crashed the plane into...
Analysts Say Low Interest Rates to Drag on Insurer Profits, Dividends Long-Term
Mar 27 2015 // Rock-bottom interest rates could erode insurers’ earnings power and financial strength for years to come, putting an end to a string of stronger-than-expected rises in dividends, analysts said in reports published on...
Co-Pilot Likely Crashed Germanwings A320 Deliberately: French Prosecutor
Mar 26 2015 // The co-pilot of the Germanwings airliner that crashed in the French Alps killing all 150 people aboard appears to have brought the A320 Airbus down deliberately, the Marseille prosecutor said on Thursday. German Andreas...
Germanwings Airbus A320 Crashes in France; Survivors Unlikely
Mar 24 2015 // An Airbus A320 crash in southern France may have claimed the lives of all 150 people on board, in what would be the worst air accident on French soil in decades. Germanwings Flight 9525 operated by the low-cost subsidiary...
Talanx Q4 Profit Rose 17% on Measures to Restructure German Retail Division
Mar 23 2015 // Talanx AG, Germany’s third-biggest insurer, said fourth-quarter profit rose 17 percent helped by investment gains as it sought to restructure its German retail division. Net income increased to 239 million euros...
Chicago-Based Alper Services Partners with Germany’s unisonBrokers
Mar 19 2015 // Alper Services LLC, an independent insurance brokerage in Chicago, Ill., announced it recently signed an agreement with unisonBrokers, a global broker network with multinational insurance and risk management services, who...
Workers’ Compensation History: The Great Tradeoff!
Mar 19 2015 // Eighteenth century pirates and a nineteenth century German “Iron” Chancellor preceded the United States in the creation of a social system for the protection of injured workers. The modern workers’...
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...
