DACH
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Employees drive half of German fidelity insurance claims
Half of all fraud and embezzlement cases at German firms are carried out by employees, according to a report from…
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Beazley creates country manager role for DACH
Specialty insurer Beazley has created a new role of country manager of DACH, which it said underlines its commitment to…
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Extreme weather shocks disrupting supply chains – here’s what risk managers can do
Ahead of the annual GVNW Symposium, BELFOR’s Martin Schachtschneider outlines what the climate crisis means on the damage restoration frontline,…
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How to leverage digitalisation and ART
Swiss Re Corporate Solutions’ head of DACH, Michael Rüsch, tells Commercial Risk how the insurer helps German corporates beyond simply…
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Revolutionising corporate and commercial insurance: AI’s transformative role
The AI revolution is coming to Germany’s insurers. In recent years, the corporate and commercial insurance sector has been profoundly…
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Ryan Specialty expands in Europe with Geo Underwriting buy
US-based insurer Ryan Speciality has acquired parts of European managing general agent Geo Underwriting Europe as it furthers plans to…
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WTW hires Besso Grimme’s top team for German aviation launch
WTW has confirmed the launch of a new aviation business in Germany after hiring Christian Grimme from Ardonagh Group’s Besso…
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Geis joins HDI Global from Allianz as German MD
Stephan Geis is joining HDI Global from Allianz Commercial as managing director of its German business. Geis will take up…
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Captive Sigurd Rück’s ratings upgraded after owner’s turnaround
The financial strength rating of Swiss captive Sigurd Rück has been upgraded after AM Best recognised improvement in the credit…
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German air traffic control hit by cyberattack
Germany’s air traffic control system operated by Deutsche Flugsicherung has confirmed that it was hit by a cyberattack last week.…
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Sompo names head of financial lines in Germany and Austria
Sompo has appointed René Ehlen as head of financial lines, insurance, for Germany and Austria. Ehlen was previously head of…
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Germany braced for record nat cat losses as H1 bill totals almost €4bn
Insured losses from natural catastrophes in Germany totalled €3.9bn in the first half of 2024, just €1bn shy of the…
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Data theft costs German firms €267bn
Data theft, sabotage and industrial espionage against German firms cost a record high of €267bn over the past 12 months,…
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German insurers fear rising asbestos claims
Germany’s planned changes to its Hazardous Substances Ordinance will result in high costs for residential building insurers, according to the…
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GVNW condemns blanket PFAS exclusions
German risk and insurance management association GVNW has come out strongly against new blanket insurance exclusions for PFAS, also known…
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European class actions hit record high
European risk and insurance managers need to prepare for rising levels of class actions as the Representative Actions Directive (RAD)…
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Cyber insured numbers ‘negligible’ to size of risk, says Swiss insurer
The number of companies covered by insurance for cyberattacks remains “negligible”, according to Swiss carrier Helvetia Insurance as it hosted…
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Funk focuses on climate adaption strategies for German firms
Leading independent German and international broker Funk has teamed up with Intelligent Energy Services (IE2S) to develop climate adaption strategies…
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German insurers drive climate-resilient building
German insurers have been issued with new guidelines to make homes more resilient to climate risks when they are repaired…
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Wefox Austria launches cyber app
Insurtech Wefox has partnered with Allianz as it prepares to launch a cyber protection and insurance app, weprotect, to the…