DACH
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Demand for fidelity insurance on the rise in Germany as cyber risks mount
Demand for fidelity insurance is on the rise in Germany as organisations become increasingly concerned by cyber risks, experts say.
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Cost of cybercrime continues to rise for French and German firms
The cost of cybercrime continues to rise for companies in France and Germany with energy, financial services, utility and technology…
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Corporate round-up
Swiss Re Corporate Solutions opens office in Frankfurt, XL names Eric Zandvliet as senior political risk and trade credit underwriter,…
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Corporate round-up
New Arabian earthquake model launched to support regional insurance expansion, Argo International launches complimentary legal advice for D&O clients, XL…
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German non-life insurers not blown off course by tough 2013: AM Best
German non-life insurers have remained resilient despite a tough 2013 when they suffered heavy nat cat losses, according to a…
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Aon quits Inex24 to launch own portal
Insurance broker Aon is leaving Inex24 because it believes the IT insurance placement platform is not up to scratch.
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Risk management improvements negate argument for rate rises
German industry has invested heavily in risk management and improved its claims profile over the last 10 to 15 years…
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Risk managers need to watch for Black Swans
Risk managers should pay more attention to so-called black swans, according to Edwin Meyer, General Manager Risk and Insurance at…
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Big reinsurers vow to focus on innovation in corporate expansion drive
In the week that DVS chairman Alexander Mahnke called for a renewed focus on innovative solutions from the corporate insurance…
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Leading DVS players urge buyers to make use of alternative risk capital
Leading German insurance buyers believe that the time has come for their colleagues to get to grips with the growing…
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Buyers market in Germany but some concern over property risks
Despite a spate of natural catastrophes to hit the German insurance industry, the country’s risk managers face a generally soft…
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Guy Carp launches probabilistic European hail model as losses mount
Guy Carpenter has launched a probabilistic European hail model to help the risk transfer industry better manage a peril that…
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Man of Steel
Edwin Meyer is General Manager Risk and Insurance at ArcelorMittal and board member of the German insurance risk managers’ association…
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Rising regulation causes higher costs and reputational damage for all: Hürlimann
Regulatory regimes around the world are increasingly inconsistent leading to higher costs for insurers and the wider business world in…
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Sell our profession or lose relevance says DVS’ Mahnke
To maintain or improve their standing and relevance, insurance risk managers need to better explain their role and why industrial…
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GDV data shows German insurers in rude health but EC rules threaten competitive position
German insurers paid out a record €50bn in claims last year according to the German insurance industry federation, the GDV.
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German market getting to grips with the cyber threat but buyers cautious
While there is a growing awareness of the threat posed by cyber risk, many German industrial buyers and even their…
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Swiss Re Corporate Solutions names Kuno Linder as German country manager
Swiss Re Corporate Solutions has named Kuno Linder as country manager for Germany as the firm prioritises the country for…
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Cyber risk and transfer needs overhyped says Germany’s Funk
Broker Funk has criticised certain German insurers, brokers and risk managers for overhyping cyber risk and the need to transfer…
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Ralf Oelssner dies aged 70
Ralf Oelssner, long-standing risk manager of Lufthansa and one of the most prominent figures in the German risk management industry,…