Germany’s largest reinsurers, Munich Re and Hannover Re, reported sharp declines in first-quarter profit on Tuesday after a combined 1.7...
Articles by Tom Sims and Alexander Hübner
Reinsurance company Swiss Re said on Thursday that claims from wildfires in Los Angeles would be less than $700 million...
Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said...
Several European insurers recorded bumper first-half profits on Thursday, as customers burnt by a pandemic, war and a pick-up in...
The regulation that sets up the European Union’s new agency to combat money laundering went into force on Wednesday, and...
Wildfires and evacuations on the Greek island of Rhodes, and a heat wave blasting much of southern Europe, have raised...
German reinsurer Hannover Re on Wednesday became the third major company to leave a global climate alliance focused on reducing...
In the German town of Ratingen, exploding cash machines are a hot-button topic. Two got blown up early on the...
Germany’s Allianz on Friday swung to a fourth-quarter net profit, rebounding after taking big charges a year earlier for a...
For years, Allianz, one of the world’s biggest investors, piled billions into property, wind farms and even London’s sewage system,...