Trending Germany Headlines

The most viewed headlines from our Germany Topic Page over the last 30 days.

#1 German Insurtech Wefox to Replace CEO After Board Rejects Mubadala Sales Plan

Jun 27 2024 // Wefox Holding AG is replacing Chief Executive Officer Mark Hartigan after the German insurance tech startup’s board rejected a proposal by its largest stakeholder, Mubadala Investment Co., that he backed to sell the...

#2 Insurers Expect Major Loss Event From Floods in Southern Germany

Jun 4 2024 // Insurers are preparing for an above-average loss event as a result of floods in southern Germany. “The pictures from Bavaria and Baden-Württemberg foreshadow the worst. Our companies are already receiving many...

#3 Hilb Group Acquires German American for $40M

Jun 5 2024 // Hilb Group announced and closed the sale of the assets of the wholly-owned subsidiary German American Insurance (GAI) to Hilb Group in an all-cash transaction of $40 million. The sale creates a significant after-tax gain,...

#4 Insured Flood Losses in Germany Could Range From US$2.1B to US$3.2B: Moody’s RMS

Jun 14 2024 // Insured losses from floods that hit Central Europe between Thursday, May 30 and Monday, June 3 will likely fall within the range of €2 billion to €3 billion (US$2.1 billion to US$3.2 billion), according to...

#5 Southern Germany Floods to Cost Insurers $2.6 Billion-$3.9 Billion: Verisk

Jun 20 2024 // Estimated insured losses from flooding, which hit Southern Germany on May 15-June 5, will range from €2.4 billion (US$2.6 billion) to €3.6 billion (US$3.9 billion), according to Verisk, the data analytics and...

#6 Scholz to Visit Southern German Region Battling Severe Flooding

Jun 3 2024 // Southern Germany continues to battle flooding from heavy rainfall that’s disrupted transportation and pushed emergency services to their limits. Chancellor Olaf Scholz, who plans to visit some of the affected regions...

#7 German Port Workers Strike Could Cost $6 Billion in Lost Trade: Russell Group Analysis

Jun 19 2024 // Port strikes at five key five German ports may cost $6 billion (£4.71 billion) in lost trade according to analysis by Russell Group, a data and analytics company. There is a 24-to-48-hour strike by port workers across the...

#8 People Moves: HDI Global Canada Promotes Navarrete to Managing Director; AXA XL Appoints Kuklinski as Regional Mgr. for Northern Europe, Germany’s Country Mgr.

Jul 1 2024 // This edition of International People Moves details appointments at HDI Global and AXA XL. A summary of these new hires follows here. HDI Global Canada Promotes Navarrete to Managing Director Klaus Navarrete HDI Global...