Latest Germany Headlines
All the headlines from our Germany Topic Page, ordered by recency.
Europe Needs Its Own Approach to Coronavirus Tracing, Say German Tech Startups
Apr 15 2020 // Europe should not cede its sovereignty to Silicon Valley when it comes to using technology to help trace those at risk of coronavirus infection, the German developers of a smartphone app said on Tuesday. Apple and Google...
Lemonade Launches in Its 2nd European Country: The Netherlands
Apr 2 2020 // Lemonade, the New York-based insurer that is powered by artificial intelligence, has launched in a second European country – the Netherlands. Dutch consumers can now get contents and liability insurance instantly,...
Germany to Provide Credit Insurance Guarantees to Keep Trade Flowing: Sources
Apr 2 2020 // The German government and the country’s credit insurance industry have agreed to help to maintain insurance cover for trade despite economic hardship related to the coronavirus outbreak, three people with knowledge...
Supply Chain Problems Move from China to U.S. and Other Nations
Mar 23 2020 // Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most...
Western Supply Chains Begin to Buckle on Expanding Coronavirus Lockdowns
Mar 23 2020 // Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most...
European Insurers’ Coronavirus BI Claims Likely to Be Limited: Moody’s, ABI
Mar 20 2020 // Insurers in the UK, France and Germany are likely to face only moderate business interruption (BI) claims as a result of the coronavirus outbreak because pandemic-related claims are excluded from most business interruption...
Coronavirus Drives Patients to Online Doctors, Spurring Telemedicine Sector
Mar 13 2020 // The new coronavirus that’s forcing lockdowns and roiling economies is spurring a silent revolution in the field of telemedicine. As COVID-19 spreads across Europe, leaving new patients in its wake, the fear of...
Europe’s Storm Dragi-Eberhard Cost Insurers €782M (US$882.9M): PERILS
Mar 9 2020 // PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, disclosed its fourth and final loss estimate of €782 million (US$882.9 million) for Europe’s Extratropical...
HDI Group Takes Stake in German Cyber-Security Start-Up Enginsight
Feb 27 2020 // HDI Group, the Hannover, Germany-based subsidiary of Talanx Group, has taken a stake in the cyber-security start-up Enginsight in Jena, Germany. Financial details of the transaction were not disclosed. Enginsight offers...
BHSI Taps Swiss Re’s Weinmann to Head Customer & Broker Engagement in Germany
Feb 20 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced further expansion of its European team, naming Daniel Weinmann as head of Customer & Broker Engagement in Germany. Weinmann comes to BHSI with more than 20 years...
Storm Sabine (AKA Ciara) Cost Insurers $731M in Germany: GDV
Feb 18 2020 // Storm Sabine caused insured losses of 675 million euros ($731 million) in Germany this month, the GDV Insurance Association said on Tuesday, making it the sixth most costly storm in Europe’s largest economy since...
Insured Losses for Europe’s Storm Ciara-Sabine Could Hit $2 Billion: Modeling Firms
Feb 14 2020 // Catastrophe risk modeling firm AIR Worldwide estimates that insured losses due to wind from Europe’s winter storm Ciara (also known as Sabine) will range between €1.1 billion and €1.9 billion (US$1.2 billion and...
Storm Ciara Batters Europe with Hurricane-Force Winds, Killing at Least 5 People
Feb 11 2020 // A strong winter storm that has battered Europe with hurricane-force winds and heavy rains and killed at least five people moved eastward Monday, causing severe travel disruptions across the continent. After striking...
Germany’s HDI Group Acquires Cyber Specialist Perseus
Feb 6 2020 // The HDI Group has acquired Berlin-based Perseus Technologies GmbH, a start-up that has specialized in the prevention of cyber risks and emergency cyber assistance. The acquisition enables the Hannover-based HDI Group to...
China’s Fosun Considers Sale of German Insurer Frankfurter Leben: Sources
Jan 16 2020 // Chinese conglomerate Fosun International Ltd. is exploring options including a potential sale for its German insurance business Frankfurter Leben Holding GmbH, people with knowledge of the matter said. Fosun has held talks...
Germany Aims to Thwart African Swine Fever Edging Closer to Borders
Dec 31 2019 // German hunting dogs are being trained to sniff out dead wild boar, authorities are stockpiling electric fences along the eastern frontier and the government in Berlin is urging drivers not to toss ham-sandwich scraps out...
Legacy Acquirer DARAG Completes Portfolio Transfer with Germany’s SOVAG
Dec 20 2019 // DARAG Group Ltd., the Malta-based legacy acquirer, announced it has closed the portfolio transfer with German re/insurer SCHWARZMEER UND OSTSEE Versicherungsaktiengesellschaft (SOVAG), following the receipt of all...
Starr Taps Swiss Re’s Nawrath as Underwriting Chief for New Aviation Unit in Germany
Dec 18 2019 // Starr Insurance Cos. announced the appointment of Carsten Nawrath as Aviation underwriting manager, leading the build-out of a new Aviation insurance operation based in Munich, Germany. The operation will write aerospace...
Catholic Church Abuse Allegations Being Raised in Japan
Dec 16 2019 // During Pope Francis’ recent visit to Japan, Harumi Suzuki stood where his motorcade passed by holding a sign that read: “I am a survivor.” Katsumi Takenaka stood at another spot, on another day, holding...
Germany, Global Parametrics, Hannover Re Launch Climate Impact Fund
Dec 11 2019 // Hannover Re and a parametrics company along with several German economic development agencies have created a natural disaster fund targeting investments in risk-transfer instruments relating to natural catastrophes and...
