Latest Germany Headlines
All the headlines from our Germany Topic Page, ordered by recency.
Germany’s Talanx Buys Liberty Mutual’s Latin American Business for 1.38 Billion Euros
May 30 2023 // Germany’s Talanx said on Saturday it had acquired Liberty Mutual Insurance’s Latin America business for about 1.38 billion euros ($1.52 billion), through its subsidiary HDI International. “The acquisition...
France and Germany Show No Sign of Agreement on Role of Nuclear in Clean Energy
May 22 2023 // France and Germany are showing no sign of nearing a compromise on the role of nuclear energy in the European Union’s transition to cleaner energy, highlighting the challenge faced in reaching a deal in the coming...
Generali Agrees to Sell German Specialized Pension Unit to Fosun-Backed Company
May 4 2023 // Italy’s top insurer Generali said on Thursday it had agreed to sell its German specialized pension unit to Fosun-backed Frankfurter Leben as it seeks to improve profitability in the life business and free up capital....
German Insurtech wefox Launches Global Affinity Business
May 3 2023 // wefox, the Berlin-based insurtech, has launched a global affinity business, which increases its existing distribution channel and extends the ability of the company to deliver insurance solutions through partners. This...
Verisk Acquires German Motor Claims Insurtech SV Krug
Apr 27 2023 // Verisk, a leading global data analytics and technology provider, has acquired Krug Sachverständigen GmbH, a Germany-based motor claims solutions provider. The acquisition expands Verisk’s claims and casualty...
People Moves: Hiscox Re & ILS Hires Hamilton Re’s Shah as Dir. of U/W Risk; BHSI Names Claims Execs in Germany; Aon’s Reins. Solutions Taps AXA XL’s Grigg for Cyber
Apr 26 2023 // This edition of International People Moves details appointments at Hiscox Re & ILS, Berkshire Hathaway Specialty Insurance (BHSI), and Aon’s Reinsurance Solutions A summary of these new hires follows here. Hiscox...
People Moves: Howden Names Holz as CEO for Germany, Creating Howden Deutschland; Chubb Promotes Vaughan for High Net Worth Insurance Business in Europe
Apr 25 2023 // This edition of International People Moves details appointments at Howden Broking and Chubb. A summary of these new hires follows here. Howden Names Holz as CEO for Germany, Creating Howden Deutschland Howden, the...
Thieves Blow Up German ATMs Every Day, With Attacks Rising 40%-Plus Since 2019
Apr 14 2023 // In the German town of Ratingen, exploding cash machines are a hot-button topic. Two got blown up early on the same morning last month, at branches of Santander and Deutsche Bank across the street from each other close to...
Generali Prepares to Sell Pensionskasse Unit to Fosun International’s German Unit
Apr 13 2023 // Assicurazioni Generali SpA is close to selling its Deutschland Pensionskasse AG unit to a German firm controlled by Chinese conglomerate Fosun International Ltd, as the Italian insurer reviews its life operations in a bid...
Germany Inches Toward Legalizing Personal Use of Cannabis
Apr 13 2023 // Germany’s ruling coalition presented a scaled-back plan to decriminalize personal use of cannabis in Europe’s largest economy. The proposal would allow adults to possess as much as 25 grams (0.9 ounce) of...
German Superyacht Maker Lürssen Hit by Ransomware Cyber Attack
Apr 12 2023 // German shipbuilder Lürssen, which makes military vessels as well as luxury yachts, has become the target of a ransomware cyberattack. The Bremen-based company was attacked over the Easter holiday period, company spokesman...
Germany’s Allianz Does Not Plan to Renew Policy for Nord Stream 1 Project
Apr 6 2023 // German insurance company Allianz said on Wednesday it does not intend to renew a policy for the Nord Stream 1 project when it expires in late 2023. Allianz said it was part of an insurance consortium that provided coverage...
German Insurers Renew Cover for Blast-Damaged Nord Stream 1 Gas Pipeline
Apr 4 2023 // German insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled Nord Stream 1 gas pipeline, five sources with knowledge of the matter said, indicating that its revival has not been ruled out...
Private Equity Investor AnaCap Sells Minority Stake in German Broker MRH Trowe
Mar 28 2023 // AnaCap Financial Partners, a London-based private equity investor, announced the sale of a minority stake in portfolio company MRH Trowe, a German owner-managed commercial lines insurance broker. AnaCap and MRHT’s...
Climate Change to Cost Germany Up to €900B by 2050: Study
Mar 7 2023 // Extreme weather caused by climate change could cost Germany up to 900 billion euros [$957.2 billion] in cumulative economic damage by mid-century, a study showed on Monday, as Europe’s biggest economy seeks climate...
Howden Buys Specialist Entertainment Broker Franz Gossler in Germany
Mar 1 2023 // Howden, the international insurance broker, announced an agreement to acquire Franz Gossler Insurance Group, one of the leading insurance brokers focusing on film and entertainment insurance in Germany and beyond. The...
Acrisure Continues European Expansion With Launch of German Subsidiary
Feb 28 2023 // Acrisure, a fintech company that operates a top-10 global insurance broker, announced the formation of Acrisure Deutschland GmbH, a new subsidiary covering the German, Austrian and Swiss markets. Mathias Pahl will serve as...
German Court Dismisses Greenpeace-Led Climate Case Against VW; Plaintiffs to Appeal
Feb 15 2023 // A regional court in Germany has dismissed a case led by Greenpeace against Volkswagen calling on the carmaker to tighten its carbon emissions targets, the company and the climate group said in separate statements on...
People Moves: Generali’s GC&C Promotes 3 for German Team; Lockton Re Taps AXIS’ Silley for Cyber Practice; Aon Names Penalva Head of Enterprise Clients, EMEA
Feb 8 2023 // This edition of International People Moves details appointments at Generali Global Corporate & Commercial, Lockton Re and Aon. A summary of these new hires follows here. Generali Global Corporate & Commercial...
Twitter Sued in Germany in Bid to Force Vetting of Antisemitic Posts
Jan 25 2023 // Twitter Inc. was hit by a lawsuit in Germany by an anti-hate speech organization and a European group of Jewish students in a bid to force the platform to remove antisemitic content. HateAid and the European Union of...
