Latest Germany Headlines
All the headlines from our Germany Topic Page, ordered by recency.
Germany, China Agree to Expand Market Access in Insurance, Banking, Finance
Jan 18 2019 // Germany and China on Friday signed agreements to strengthen coordination in banking, finance and capital markets, and pledged to further open market access and deepen cooperation to broaden economic ties. The agreements...
Germany, China Discuss Ways to Improve Market Access for Insurers, Banks
Jan 17 2019 // Germany and China are working on ways to improve market access for each other’s banks and insurers, the German finance minister said on Thursday, and he welcomed plans by China and the United States to ease trade...
Final Insured Losses for Europe’s Storm Friederike/David Estimated at €1.7B: PERILS
Jan 17 2019 // The final loss estimate for Extratropical Cyclone Friederike, also known as David, reached €1.672 Billion ($1.906 billion), according to PERILS, the independent Zurich-based organization that provides industry-wide...
UK-EU Divorce in Disarray with Just 10 Weeks to Go Before Brexit Leave Date
Jan 16 2019 // Prime Minister Theresa May was trying to forge consensus in parliament on a Brexit divorce agreement on Wednesday after the crushing defeat of her own deal left Britain’s exit from the European Union in disarray 10...
Snowfall Continues to Disrupt Parts of Austria, Germany and Norway
Jan 11 2019 // Heavy snowfall continued Thursday in parts of Austria and southern Germany, with several places cut off and the bad weather expected to last at least another day. Snow was causing problems in other parts of Europe, even in...
Allianz-Backed Fintech Startup N26 Raises New Funds for Push into U.S.
Jan 10 2019 // N26 GmbH, the German banking app that’s backed by billionaires Peter Thiel and Li Ka-shing, has raised new funds at a valuation of $2.7 billion, making the company one of Europe’s most valuable non-listed...
Deadly Winter Storm Blasts Europe with Heavy Snow and Winds
Jan 9 2019 // Deadly winter weather blasted Europe for yet another day Tuesday, trapping hundreds of people in Alpine regions, whipping up high winds that caused flight cancellations and increasing the risks of more deadly...
Containers Carrying Hazardous Materials Fall Off Cargo Ship Near Dutch Coast
Jan 4 2019 // Authorities in Germany and the Netherlands are searching for up to 270 shipping containers lost at sea by a cargo ship caught in a storm, saying some are carrying hazardous materials. German authorities say the cargo ship...
Competition in Artificial Intelligence Is Like New Space Race: Viewpoint
Jan 2 2019 // It’s been another year of relentless artificial-intelligence hype and incremental AI achievement. Machines still beat humans only in carefully constructed environments or at narrow tasks. The good news is that, as...
German Firms Warned About Rising Threat from Chinese Hackers: Report
Dec 19 2018 // Germany’s Office for Information Security (BSI) has issued warnings to several German firms named by the United States as possible victims of hacking attacks, a newspaper reported, adding that Chinese activity...
Global Anger Finally Seems to Be Getting China to Open Up Markets: Viewpoint
Dec 18 2018 // Forty years after China began opening itself up to the outside world, the country increasingly seems to be closed for business. A large and growing contingent of the global business community is convinced that China will...
Sweden’s Wildfires Highlight Cost of Rapidly Changing Climate in Europe
Dec 12 2018 // Hannele Arvonen, the owner of one of Sweden’s largest lumber yards, is spending the winter months planning for a new and unexpected threat to her business: regular wildfires raging just south of the Arctic...
China’s Ping An Invests $47M in German Fintech Incubator Finleap
Nov 19 2018 // Ping An Insurance Group Co., China’s biggest insurer by market value, led investors in injecting 41.5 million euros ($47 million) into Germany’s Finleap GmbH in its latest round of funding. The Chinese...
Markel’s German Insurance Unit Gets Approval to Operate UK Branch
Nov 12 2018 // Markel Corp. announced that its German insurance company, Markel Insurance SE (MISE), has received regulatory approval to operate a branch office in the UK. MISE was established to meet the insurance needs of clients...
Final Insured Loss for Germany-Austria’s Storm Herwart Rises to €264M: PERILS
Oct 30 2018 // The final estimate of insured property losses for Extratropical Cyclone Herwart, which primarily affected Austria and Germany on Oct. 29, 2017, is €264 million (US$300.6 million), according to PERILS, the independent...
VW’s Audi Unit Slapped with $925M Fine in Germany over Emissions Scandal
Oct 17 2018 // Volkswagen AG’s Audi unit agreed to pay an 800 million-euro ($926 million) fine for its role in the diesel-cheating scandal that has disrupted the car industry for more than three years and landed Audi’s...
Google+ Breach Under Investigation in U.S., EU
Oct 10 2018 // At least two U.S. states and two European Union member states are investigating a breach at Alphabet Inc.’s Google that may have exposed private profile data of at least 500,000 users to hundreds of external...
Final Insured Loss for Germany’s Cyclone Xavier in 2017 Estimated at €324M: PERILS
Oct 5 2018 // The final insured property market losses for Extratropical Cyclone Xavier, based on loss data collected from affected insurers, is €324 million ($372.5 million), according to estimates issued by PERILS, the independent...
Berkshire Hathaway Specialty Opens Munich Office; Names Key Underwriters
Sep 18 2018 // Berkshire Hathaway Specialty Insurance (BHSI) has opened a new office in Munich, Germany, the latest advance in BHSI’s expansion of its global footprint. The insurer has named two key underwriters for the office. The...
Thomas Miller to Acquire Germany’s Zeller Associates’ MGA, Insurance Operations
Sep 17 2018 // London-based insurance provider Thomas Miller reports it has agreed to purchase the managing general agency and insurance services operations of Zeller Associates, a shipping, trade and transport insurance specialist based...
