DACH
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March 15, 2024
German insurers question ‘high risk’ insurance under AI Act
The German insurance association (GDV) has reiterated its criticism of the decision to include life and health insurance within the…
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March 14, 2024
Dutch cybersecurity and insurance firm secures further €36m funding
Eye Security, the fast-growing Netherlands based cybersecurity and insurance firm, has announced a further €36m Series B investment led by…
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March 8, 2024
Compulsory cat cover back on agenda for German state ministers
The German Conference of Federal State Prime Ministers, the committee formed by the 16 German states to coordinate policy, has…
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March 7, 2024
German business calls for heightened protection following Tesla attack
German business groups have called for better protection of critical infrastructure this week after a suspected arson attack by supposed…
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March 7, 2024
New EU payment deadlines will weaken Europe, claim German insurers
The German Insurance Association (GDV) has warned that the EU’s planned payments regulation, which would introduce mandatory payments within 30…
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March 6, 2024
German industrial insurers need to step up digitisation efforts: WTW
Insurers still have a long way to go when it comes to digitising their underwriting, based on a survey of…
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February 28, 2024
Global insolvencies set to peak this year before levelling off, says Allianz
Global insolvencies continued to rebound last year and are now above pre-pandemic levels in most advanced economies, finds Allianz Trade,…
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February 28, 2024
German study finds greater operational safety needed with photovoltaic systems
Leading independent German broker Funk has warned that the worrying rise in the number of cases of damage to photovoltaic…
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February 28, 2024
Online retailer Zalando commits to remove misleading environmental claims
Online German retail firm Zalando has committed to removing misleading sustainability flags and environmental icons displayed next to products offered…
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February 27, 2024
Munich Re urges European politicians to back cyber pool
Munich Re has urged policymakers in Europe and Germany to throw their weight behind a state-funded backstop for systemic cyber…
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February 27, 2024
P&C reinsurance dents Munich Re’s profits but ERGO performs well
Munich Re’s profit fell 13.4% last year to €4.58bn, despite improved performance at its primary unit ERGO, as P&C reinsurance…
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February 27, 2024
German insurers demand new traffic rules if cannabis legalised
German insurers are calling on the federal government to create clear rules for road traffic as quickly as possible if…
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February 23, 2024
AGCS’s profits up 20.6% to help Allianz Commercial hit €2.6bn
Allianz Global Corporate & Specialty (AGCS) saw its operating profit jump 20.6% last year to €953m and business volume rise…
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February 23, 2024
Only half of firms retrieve data after ransomware payments
Most cyberattacks breached organisations’ networks through their supply chain, according to US-based cybersecurity firm Cybereason. It found that 41% of…
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February 21, 2024
European product recalls hit record high in 2023, Sedgwick reports
Product recalls in Europe reached a record 12,498 events in 2023, up 18.5% on the previous 12 months and setting…
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February 21, 2024
Italian and German governments under pressure to drag CSDDD back on track
Claims by environmental and human rights groups that big business supports the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) appear…
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February 20, 2024
Rate increases in Europe will need to rise above inflation, Moody’s warns
Europe’s property/casualty insurers will need to “push through” further rate increases to balance increases in claims costs, according to Moody’s.…
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February 19, 2024
German insurers issue new model cyber conditions
The German Insurance Industry Association (GDV) has revised its non-binding model conditions for cyber insurance to take into account the…
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February 16, 2024
Supply chain pressures ease for German companies: Ifo
The supply chain crisis that came to a head during the Covid-19 pandemic has subsided and German firms have started…
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February 12, 2024
Germany and Italy derail due diligence law
The future of the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) has been thrown into serious doubt after Germany and…