Allianz Sees Damages Worth Tens of Millions for German Vineyards July 22, 2024 By Celine Imensek Insurer Allianz SE expects to pay German winemakers tens of millions of euros in insurance claims this year after many...
Insured Losses for Floods in Southern Germany Estimated at €1.6B: PERILS July 18, 2024 The recent floods in southern Germany will cost insurers an estimated €1.568 billion (US$1.7 billion), according to PERILS, the independent...
Southern Germany Floods to Cost Insurers $2.6 Billion-$3.9 Billion: Verisk June 20, 2024 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 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...