DACH
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March 28, 2024
Cyber liability and D&O rise on list of German managers’ concerns
German managers continue to perceive cyber as the most significant liability risk for the next 12 months. The dangers of…
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March 26, 2024
HDI Global posts strong growth despite rising competition
HDI Global has announced double-digit growth in insurance revenue and a further improved combined ratio as the Germany-based insurer continued…
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March 21, 2024
Talanx says industrial lines growth strategy is paying off
German insurance and reinsurance group Talanx has reported that insurance revenue in its industrial lines division, led by HDI Global…
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March 20, 2024
Allianz tops insurer sustainability perception brand value ranking
Allianz has topped a listing of insurance brand value and its sustainability perceptions, carried out by brand valuation consultancy Brand…
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March 19, 2024
German Cartel Office gives green light to Gothaer-Barmenia merger
The German Federal Cartel Office has approved the planned merger between Cologne-based Gothaer and Barmenia from Wuppertal to create one…
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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…