Germany’s financial watchdog is pushing insurers to step up scrutiny of private credit investments after several firms were stung by...
German market News
German watchdog BaFin said the country’s financial industry needs a better grasp of physical risks stemming from climate change because...
Cybercrime and other acts of sabotage have cost German companies around 267 billion euros ($298 billion) in the past year,...
In the early morning hours of May 6, 2023, an explosion occurred in a bank in the German town of...
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced the launch of its Active Cyber Insurance in...
Insurer Allianz SE expects to pay German winemakers tens of millions of euros in insurance claims this year after many...
The recent floods in southern Germany will cost insurers an estimated €1.568 billion (US$1.7 billion), according to PERILS, the independent...
Estimated insured losses from flooding, which hit Southern Germany on May 15-June 5, will range from €2.4 billion (US$2.6 billion)...
Insured losses from floods that hit Central Europe between Thursday, May 30 and Monday, June 3 will likely fall within...
Insurers are preparing for an above-average loss event as a result of floods in southern Germany. “The pictures from Bavaria...