Latest Germany Headlines
All the headlines from our Germany Topic Page, ordered by recency.
Miller Taps Gallagher’s Maule as Senior Trade Credit & Political Risks Broker
Apr 7 2017 // Miller has hired David Maule in a business production and senior broking role, which the London-based broker said will add “considerable strength” to its trade credit and political risks capabilities. Maule...
Initial Insured Loss Estimate for Storm Thomas Is €213M ($222.7M): PERILS
Apr 6 2017 // The initial estimate of insured property market losses for extra-tropical cyclone Thomas, which hit the British Isles, the Netherlands, Belgium and Germany on Feb. 23-24, 2017, is €213 million (US$222.7 million),...
Half of Global Insurance Premium Growth Tied to China: Allianz Research
Mar 21 2017 // Allianz Research projections show that total global premium income rose to a new record high of 3,650 billion euros ($3.9224 billion U.S. dollars) last year (excluding health insurance). In a year-on-year comparison, the...
Audi’s German Offices Raided in Ongoing Fallout from Emissions Scandal
Mar 16 2017 // Volkswagen AG’s Audi brand was raided by German prosecutors as investigations into the manipulation of diesel engines continue to weigh on the automaker more than a year after revelations of emissions cheating. More...
Smartphone-Only, Fintech Startup N26 Triples Customers Over Past Year
Mar 15 2017 // German smartphone-only bank N26 said on Wednesday the number of customers using its online accounts rose to more than 300,000, tripling in size from a year ago, as the company marks progress as a pioneer in pan-European...
UK Suspect Arrested in Deutsche Telekom Cyber Attack
Feb 24 2017 // British authorities have arrested a suspect in connection with a cyber attack that infected nearly 1 million routers used to access Deutsche Telekom’s internet service, German federal police said on...
Europe’s Windstorm Egon to Cost Insurers an Estimated US$223.3M: PERILS
Feb 23 2017 // The initial estimate of the insured property market loss for extra-tropical cyclone Egon, which hit France and Germany in January, is €212 million (US$223.3 million), according to PERILS, the independent Zurich-based...
U.K. Tech Startups Weigh Moving HQs to Continent on Brexit Worries
Feb 14 2017 // British technology startups are beginning to stress out over Brexit. Initially confident their industry wouldn’t be harmed by Britain’s break from the European Union, U.K. tech entrepreneurs are now girding for...
How Firms Rate on Cyber Readiness and Why Some Don’t Buy Cyber Insurance: Hiscox Report
Feb 7 2017 // A study of 3,000 companies in the UK, U.S. and Germany, reveals that more than half (53 percent) of businesses in the three countries are ill-prepared to deal with cyber-attacks. Fewer than one-third (30 percent) qualify...
VW Sued by 1st Major German Firm over Diesel Scandal
Feb 6 2017 // Fish distributor Deutsche See is suing Volkswagen for misrepresenting a fleet of vehicles it leased as environmentally friendly, becoming the first major German customer to sue Europe’s biggest carmaker over its...
EU Should Support ‘Reasonable’ Brexit Deal for London: German Minister
Feb 6 2017 // The City of London offers financial services that benefit Europe as a whole and the European Union should recognize that in a “reasonable” Brexit deal with Britain, German Finance Minister Wolfgang Schaeuble...
Allianz Weighs Acquisition of Australia’s QBE: Sources
Jan 30 2017 // Germany’s Allianz has made an informal takeover approach to QBE Insurance, Australia’s biggest insurer, but has not named a price, sources told Reuters on Monday. Shares in QBE closed flat after rising by up to...
UK Legal Action Launched Against Volkswagen over Emissions Scandal
Jan 9 2017 // A British law firm has launched legal action against Volkswagen, seeking thousands of pounds of compensation each for UK drivers affected by the carmaker’s emissions scandal. The German company is involved in...
XL Catlin Adds Clinical Trials Solution for Life Science Clients in Germany
Dec 29 2016 // 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...
Europe’s Insurers, Pensions Seek Higher Yields via Infrastructure Investments
Dec 21 2016 // Europe’s pensions and insurers, seeking returns in infrastructure deals after asset purchases by the European Central Bank gutted yields on bonds, say they’re being crowded out again. Their frustration is...
German Police Resume Hunt for Killer in Christmas Market Terrorist Attack
Dec 21 2016 // German investigators intensified their search for the perpetrator of a deadly truck assault on a Christmas market in Berlin after an initial suspect was released, deepening the fear and uncertainty over what Chancellor...
Terrorism May Be Motive in Berlin Christmas Market Killings; RMS Comments
Dec 20 2016 // Investigators suspect the driver of a truck that plowed into a crowd at a Berlin Christmas market, killing 12 people and injuring 48, did so intentionally in a terrorist attack, police said on Tuesday. The truck crashed...
Newline Group Establishes Branch Office (and EU Platform) in Germany
Dec 19 2016 // London-based Newline Insurance Co. Ltd., a subsidiary of Odyssey Re Holdings, announced it has received regulatory approval to establish a new branch office in Cologne, Germany. Led by Manuel Wirtz, who was appointed...
Germany’s Cyber Security Watchdog Urges Yahoo Users to Switch Email Providers
Dec 16 2016 // Germany’s cyber security authority, the Federal Office for Information Security (BSI), criticized Yahoo on Thursday for failing to adopt adequate encryption techniques to protect its users’ personal data. The...
ThyssenKrupp’s Trade Secrets Targeted in ‘Massive’ Cyber Attack
Dec 8 2016 // Technical trade secrets were stolen from the steel production and manufacturing plant design divisions of ThyssenKrupp AG in cyber attacks earlier this year, the German company said on Thursday. ThyssenKrupp, one of the...
