Volkswagen AG is ending job protections for auto workers in Germany as part of its cost-cutting push, setting up a showdown with unions as the country’s most important industry fights for its future. The manufacturer on Tuesday canceled several agreements …
Heavy rains led to flooding Wednesday in some parts of northern Germany, forcing some evacuations and prompting residents to pile sandbags in front of their homes to protect themselves from a swollen river. The center of the town of Goslar, …
Markel Corp. announced it plans to apply for regulatory approval to establish an insurance company in Germany to ensure that whatever the outcome of the Brexit negotiations it will be able to meet the insurance needs of clients in the …
XL Catlin’s insurance operations in Germany have announced the addition of a stand-alone clinical trials solution for life science clients. Life science companies are operating in an increasing complex and litigious environment, the company said in a statement. “They are …
The earnings of French and German insurers during the first half of 2016 will be dampened by flood claims following storms Elvira and Friederike, which pounded the countries in quick succession between late May and early June, according to a …
Insurers will face higher-than-expected claims related to floods in Germany, according to Fitch Ratings, dealing another blow to an industry squeezed by low interest rates and decreasing prices for policies. Claims linked to torrential rain, thunderstorms and floods that hit …
Torrential rain, thunderstorms and flash floods that have inundated towns in southeastern Germany in recent days took the death toll to at least eight as forecasters warned of continuing severe weather spreading northward and westward into France. Five people drowned …
The German car giant that gave the world the Beetle may soon help you fend off cyber criminals. Volkswagen AG teamed with insurer Allianz SE, medical company Bayer AG and chemicals producer BASF SE to sell information-technology security services to …
Talanx AG, the German insurance company buying into its first offshore wind farm, said it’s likely to purchase more renewable-energy assets. The insurer sees renewables as offering “long-term, bigger yields than from assets such as state bonds,” Chief Financial Officer …
XL Catlin has announced a new insurance leadership team for Germany. The integration process is now well underway across XL Catlin, with the company maintaining a strong focus on bringing together and retaining its top talent throughout its global operations, …
