VW Scraps Three-Decades-Old German Jobs Pledge to Cut Costs September 10, 2024 By Monica Raymunt Volkswagen AG is ending job protections for auto workers in Germany as part of its cost-cutting push, setting up a...
Heavy Rains Bring Flooding to Northern Germany, Forcing Evacuations July 28, 2017 Heavy rains led to flooding Wednesday in some parts of northern Germany, forcing some evacuations and prompting residents to pile...
Markel to Set Up Munich-Based Subsidiary in Preparation for Brexit May 18, 2017 Markel Corp. announced it plans to apply for regulatory approval to establish an insurance company in Germany to ensure that...
XL Catlin Adds Clinical Trials Solution for Life Science Clients in Germany December 29, 2016 XL Catlin’s insurance operations in Germany have announced the addition of a stand-alone clinical trials solution for life science clients....
French & German Floods to Hit Insurers’ Earnings but Not Ratings: A.M. Best June 27, 2016 The earnings of French and German insurers during the first half of 2016 will be dampened by flood claims following...
Update: German Flood Claims Estimated at $1.1B, Says Fitch Ratings June 7, 2016 By Jan-Henrik Förster and Oliver Suess Insurers will face higher-than-expected claims related to floods in Germany, according to Fitch Ratings, dealing another blow to an industry...
Update: Flash Floods Hit SE Germany, Killing at Least 8; AIR Worldwide Comments June 2, 2016 By Angeline Benoit and Oliver Suess Torrential rain, thunderstorms and flash floods that have inundated towns in southeastern Germany in recent days took the death toll...
Allianz Teams with Volkswagen, Bayer and BASF in Anti-Hacking Venture September 18, 2015 By Stefan Nicola The German car giant that gave the world the Beetle may soon help you fend off cyber criminals. Volkswagen AG...
Germany’s Talanx Invests in Renewable Energy to Counter Low Interest Rates September 16, 2015 By Brian Parkin Talanx AG, the German insurance company buying into its first offshore wind farm, said it’s likely to purchase more renewable-energy...
XL Catlin Forms New Leadership Team for Germany September 9, 2015 XL Catlin has announced a new insurance leadership team for Germany. The integration process is now well underway across XL...