DACH
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July 12, 2024
July storms in Europe cause more than €100m insured losses: Aon
Severe convective storms in Europe in the past week could record insured losses into the hundreds of millions of euros,…
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July 11, 2024
DUAL targets Europe’s construction market with VHV partnership and new hub team
DUAL Europe has partnered with German insurer VHV Allgemeine Versicherung to expand its footprint in Europe’s construction and engineering sector.…
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July 11, 2024
UNIQA sets up ESG risk management unit for large companies and SMEs in Europe
Austrian and CEE insurer UNIQA said it has strengthened its corporate business operations with the launch of a separate company,…
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July 11, 2024
Volkswagen ordered to pay contractor $190m in damages after exiting Russia
A Russian court has ordered German car manufacturer Volkswagen to pay 16.9bn roubles ($190m) to its Russian contractor GAZ Group…
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July 11, 2024
Switzerland and Europe resume talks on cross-border regulation after seven-year break
After a seven-year hiatus, Switzerland and the European Union have resumed talks on financial market regulation. The Swiss government said…
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July 9, 2024
Germany’s P&C market swells to overtake life for first time in 30 years
Germany’s P&C insurance market is forecast to overtake life insurance by premium income for the first time in almost 30…
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July 5, 2024
German insurers call for more regulatory efficiency and consolidation
German insurers have called for more efficient financial and insurance sector regulation to “turn around” the current high levels of…
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July 4, 2024
German insurers ‘disappointed’ by watered-down climate law
Germany’s insurers say they are disappointed by the country’s Climate Adaptation Act, just days after it came into force. German…
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July 4, 2024
Sirm board confident members can avert risk management overload in polycrisis
Leading Swiss risk and insurance managers agree that their profession is under strain in the polycrisis and that overload is…
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July 4, 2024
$8.5bn insured losses from non-US nat cats in H1 around average: Cresta
Insured losses from four $1bn-plus international nat cat events in the first half of 2024, excluding the US, are estimated…
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July 4, 2024
Zurich Germany looks for CUO to succeed Claudia Max
Zurich Group Germany has announced its chief underwriting officer Claudia Max will leave the group at the end of this…
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July 4, 2024
Swiss market past hardening peak as competition mounts
The Swiss commercial insurance market has peaked and moved into overall stable territory, with some lines now clearly softening, brokers…
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July 2, 2024
Swiss firms face tighter sustainability reporting rules and alignment with CSRD
The Swiss Federal Council has opened a consultation procedure on an amendment to Switzerland’s non-financial reporting rules, aimed at increasing…
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July 2, 2024
Cyber rates down 15% from peak as Europe poised for growth: Howden
Global cyber rates are 15% off their peak and continuing to fall, creating an opportunity for buyers to protect their…
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July 2, 2024
Sompo names new country manager in Switzerland
Sompo has appointed Christoph Müller from Allianz as country manager for insurance in Switzerland. Müller will be based in Zurich…
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July 1, 2024
European insurtech Wefox exits German market
German-based insurtech Wefox, one of the largest insurtechs in Europe, is withdrawing from its domestic market as part of restructuring…
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July 1, 2024
AXA XL names new head of northern Europe and German country manager
AXA XL has named Kai Kuklinski as regional manager for northern Europe and country manager for Germany as the insurer…
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June 28, 2024
German greenwashing case rules against corporates in ‘climate neutral’ claim
A German court has ruled confectionary manufacturer Katjes misled consumers over claims that its sweets are “climate neutral”. The Federal…
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June 28, 2024
Sirm working overtime to deliver on range of fronts
Sirm is turning its attention to education, new events, pushing into the Swiss regions, reaching out to insurance market partners…
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June 28, 2024
Critical Raw Materials Act vital to meet supply-side problems in race to net zero
The world will not run out of critical raw materials but there will likely be severe supply side problems as…