DACH
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Zurich report finds risk management shortfalls exacerbated storm Bernd
Simply blaming the catastrophic impact of severe weather event Bernd that caused devastating flooding and damage of up to €50bn…
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New leadership at Lufthansa captive
Cologne-based Delvag Versicherungs-AG, the insurance arm of German airline Luftahansa, has appointed two experienced underwriters – Dennis Heinen and Markus…
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EthiXbase launches supply chain compliance checks to help firms meet Germany’s new human rights law
With six months left to comply with Germany’s new human rights legislation, UK businesses with operations in the country can…
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European insurers call on EU to develop rules on third-party litigation funding
A group of leading European business associations – including Insurance Europe – have issued a joint statement that calls for…
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German diesel manipulation legal protection claims exceed €1.4bn and still rising
The cost of disputes in Germany over the so-called ‘Dieselgate’ scandal continues to rise and it now represents the costliest…
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Swiss insurers deepen commitment to sustainable investment and underwriting
Swiss insurers now link some 80% of their investments to sustainability criteria, according to the Swiss Insurance Association (SVV). The…
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DAC Beachcroft and Germany’s BLD deepen partnership on multinational risks
London-based international law firm DAC Beachcroft (DACB) has signed a cooperation agreement to expand its relationship with existing Legalign Global…
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War and inflation dampen mood in German insurance industry
The first ‘mood barometer’ of German business since the outbreak of war in Ukraine unsurprisingly finds increased uncertainty in the…
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HDI Global’s Wohlthat retires as international head and hands over to Hullins
Industrial lines insurer HDI Global has announced that Jens Wohlthat is set to retire as head of the group’s international…
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Claims expert warns EU risk managers to prepare for more consumer lawsuits
The EU Class Actions Directive will soon be implemented across Europe and will inevitably lead to more consumer lawsuits and…
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EC believes Austrian and Czech rail firms colluded to cut out competition
Austrian rail operator Österreichische Bundesbahnen (ÖBB) and its Czech counterpart České dráhy (ČD) have breached EU competition rules by colluding…
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Preparedness is vital as companies face up to managing risks by themselves
Companies have been faced with a daunting trifecta of late – a rise in risk on almost all fronts; increasing…
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Asia manufacturing hubs vulnerable to supply chain and climate risks
FM Global’s latest resilience index reveals that key manufacturing centres in Asia are exposed to high levels of climate and…
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Supply chain woes continue for Europe’s manufacturers as Sedgwick reports 155% surge in motor recalls
Supply chain woes and shortages of semiconductor chips will continue to plague Europe’s automotive manufacturing for much of this year,…
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Von der Leyen maps out Europe’s risk management strategy for energy, defence and food
The European Union has stepped up its efforts to secure resilience in the face of Russia’s invasion of the Ukraine…
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Deutsche Bank asset manager DWS raided for greenwashing
German prosecutors raided Deutsche Bank’s majority-controlled asset manager DWS and the bank’s own headquarters this week, because of allegations that…
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DUAL appoints CEO and CFO for Europe
DUAL, a leading managing general agency (MGA), has appointed a CEO and chief financial officer (CFO) for its newly created…
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Carinthia enters ’emergency mode’ after hacker attack
The Austrian state of Carinthia is currently in “emergency mode” after suffering a serious hacker attack by the Black Cat…
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Work addiction risk rising in Germany
A third of Germany’s labour force is working “excessively” and another 10% exhibit addictive working behaviour, according to a new…
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Commodities trader Glencore settles US bribery probe for $1bn and pleads guilty to UK charges
Anglo-Swiss commodity trading and mining firm Glencore has settled bribery and market manipulation investigations brought by authorities in the US,…
