Insured Flood Losses in Germany Could Range From US$2.1B to US$3.2B: Moody’s RMS June 14, 2024 Insured losses from floods that hit Central Europe between Thursday, May 30 and Monday, June 3 will likely fall within...
Insurers Expect Major Loss Event From Floods in Southern Germany June 4, 2024 Insurers are preparing for an above-average loss event as a result of floods in southern Germany. “The pictures from Bavaria...
German Cannabis Legalization Uncertainty Is Spooking Investors March 21, 2024 Investors in Germany’s cannabis sector are holding back and some startups risk running out of cash amid uncertainty over whether...
Tesla Arson Case Shows Need to Protect Power Grid, Says German Utility Westenergie March 12, 2024 By Tom Käckenhoff German policymakers should team up with power grid operators to improve the response to incidents such as the arson attack...
German Industry Sounds Alarm on Infrastructure Security After Tesla Attack March 6, 2024 By Christian Kraemer and Christoph Steitz German industry called for better protection of critical infrastructure on Wednesday after a suspected arson attack by leftist activists on...
Germany Passes Law Legalizing Personal Use of Cannabis February 26, 2024 By Iain Rogers German lawmakers approved a controversial bill legalizing personal use of cannabis, paving the way for controlled consumption of the drug...
Germany to Approve Cannabis Bill This Week in Legalization Drive February 20, 2024 German lawmakers will approve delayed legislation decriminalizing personal use of cannabis this week, paving the way for it to take...
Gallagher Acquires German Specialty Broker Köberich Financial Lines January 8, 2024 Gallagher announced it has acquired Köberich Financial Lines. Terms of the transaction were not disclosed. Köberich specializes in D&O insurance,...
Hannover Re’s Germany Unit Expects Further Price Hikes at January Renewals October 23, 2023 E+S Rückversicherung AG, the Hannover Re subsidiary responsible for the group’s German business, expects further price increases and improved conditions...
Cargo Thieves Target Electronics, Chemicals, Pharmaceuticals: German Insurance Study August 17, 2023 German transport insurers report a significant increase in stolen goods – with thieves targeting electronic devices as well as chemical...