Latest Germany Headlines
All the headlines from our Germany Topic Page, ordered by recency.
Concorde May Fly Again, Despite Multiplying Lawsuits
Jan 29 2001 // Last summer’s tragic Concorde crash continues to produce heartache as the lawsuits multiply and negotiations break down. Settlement talks between the lawyers for the victims’ families and Air France and its...
Judge’s Dismissal of U.S. Lawsuits Conditioned on Holocaust Payments
Dec 12 2000 // U.S. Judge Michael Mukasey ordered a conditional dismissal of lawsuits brought by Holocaust survivors and their families against several German insurers, who have failed to pay claims from Nazi-era insurance policies. The...
Allianz To Strengthen European Fund Management Business
Dec 4 2000 // A report in London’s Financial Times highlights the plans of Germany’s Allianz to increase its fund management business in Europe, as a “third pillar” to go with its life and general insurance...
Germans Agree To Frankel Extradition
Dec 4 2000 // Fugitive financier Martin Frankel’s days in Germany may be numbered. Ten days after a German court denied his appeal of his convictions for possessing false passports and diamond smuggling, German authorities have...
Frankel Loses German Appeal
Nov 23 2000 // A German Federal court denied fugitive financier Martin Frankel’s appeal of a three year sentence from his conviction on charges of smuggling diamonds and possessing false documents. Frankel, who is accused of...
Holocaust Claims: Generali To Pay $100 Million, ICHEIC Finds German Policies
Nov 17 2000 // Several important developments were reported following a recently concluded two-day meeting in Rome of the International Commission for Holocaust Era Insurance Claims (ICHEIC). Commission Chairman Lawrence Eagleburger, a...
Court OK’s Commerzbank/Generali Deal
Sep 26 2000 // A German court cleared the way for Commerzbank to strengthen its cross holdings with Italy’s largest insurer, Assicurazioni Generali, by issuing additional shares, which will double its stake in Germany’s 4th...
Generali To Increase Stake in Commerzbank
Sep 4 2000 // Italian insurance giant Generali announced that it plans to practically double its current stake in Germany’s Commerzbank, from 5.2 percent to 10 percent. The move was seen by analysts as a way of protecting the...
Germany Produces Electronic Signature Bill
Aug 16 2000 // The German cabinet unveiled on Wednesday a draft bill to develop a standard for electronic signatures in Internet commerce. The move is in step with a European Union initiative and follows the EU’s approval of a...
German Insurers Handed Holocaust Deadline
Aug 2 2000 // Hevesi has given two German reinsurers an Aug. 21 deadline to explain how they will ensure the fair handling of Holocaust claims if they refuse to join an international restitution panel, according to a Reuters news...
German Insurers May Join Holocaust Panel
Jul 25 2000 // German insurers might now become members of an international Holocaust claims panel through their industry association, a Jewish advocacy group was reported as saying by Reuters news service Monday. The move could help...
CGNU To Sell German General Insurance Unit
Jul 25 2000 // CGNU, the largest British insurance group, has agreed to sell General Accident Versicherungs AG, its German general insurance business, to Gerling-Konzern Lebensversicherungs AG. The terms were not disclosed. The British...
FRANKEL FIGHTS CHARGES
Jul 10 2000 // Fugitive financier Martin Frankel, whose extradition from Germany to face charges of multiple insurance fraud is being sought by the U.S., has appealed his three year prison sentence handed down by a German Court on...
FRANKEL PLEADS GUILTY IN GERMANY
Jun 26 2000 // Martin Frankel, the financier that bilked several U.S. insurance companies of millions of dollars before disappearing and launching an international manhunt, has pleaded guilty to tax evasion charges in a German court....
FRANKEL ADMITS TAX EVASION
Jun 26 2000 // Martin Frankel, the financier that bilked several U.S. insurance companies of millions of dollars before disappearing and launching an international manhunt, has pleaded guilty to tax evasion charges in a German court....
Frankel Sentenced To Three Years in Germany
Jun 21 2000 // Martin Frankel was sentenced to three years Wednesday by a German judge for evading taxes on diamond imports. “This was an exceptional case,” Judge Marc Tully was reported as saying in his sentencing of...
Germany’s Commerzbank In Talks With Dresdner – Maybe
Jun 19 2000 // Despite numerous rumors and reports, company spokesmen for both Germany’s Commerzbank and Dresdner Bank denied they were to hold discussions over the weekend aimed at a possible merger. Nevertheless, the banks...
Frankel Pleads Guilty in German Court
Jun 16 2000 // Martin Frankel, the financier that bilked several U.S. insurance companies of millions of dollars before disappearing and launching an international manhunt, has pleaded guilty to tax evasion charges in a German...
Frankel’s German Trial Begins
Jun 14 2000 // Martin Frankel’s passport fraud trial began today in Hamburg, despite promises by the German government to quickly return Frankel to the United States. The trial went forward, according to reports, due primarily to...
Marsh & McLennan Name New German Head
Jun 8 2000 // Sven Kado has been appointed chairman of MMC Germany, a subsidiary of MMC, the global Marsh operating company. He will be responsible for coordination between the heads of MMC’s German companies, Marsh GmbH, William...
