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...
German Cabinet Passes Landmark Bill Over Legal Cannabis Use August 16, 2023 By Sarah Marsh and Andreas Rinke Germany’s cabinet passed a contentious bill on Wednesday to legalize recreational marijuana use and cultivation, one of the most liberal...
BioNTech Faces First German Lawsuit Over Alleged COVID-19 Vaccine Side Effects June 12, 2023 By Ludwig Burger and Patricia Weiss BioNTech will go to court on Monday to defend itself against a lawsuit from a German woman who is seeking...
War in Ukraine Prompts Hike in Cyber Attacks on German Businesses June 12, 2023 By Agatha Cantrill More than one in 10 German companies were the victim of a cyberattack last year, according to a new study,...
Thieves Blow Up German ATMs Every Day, With Attacks Rising 40%-Plus Since 2019 April 14, 2023 By Tom Sims In the German town of Ratingen, exploding cash machines are a hot-button topic. Two got blown up early on the...
Twitter Files Lawsuit Against German Rule for Online Reporting February 1, 2022 Twitter has taken legal action against a rule, coming into force in Germany from Tuesday, that obliges social media firms...
Investors Cannot Sue German Regulator for Wirecard Collapse, Court Rules January 20, 2022 By Karin Matussek Investors who lost money from investing in Wirecard AG shares can’t make Germany’s financial regulator Bafin compensate them, a Frankfurt...
Swiss Re-Backed Getsafe Gets German Insurance License, Permitting Europe Expansion October 25, 2021 Digital insurer Getsafe has received its insurance license from Germany’s financial regulator, BaFin. The license will allow Getsafe to accelerate...