DACH
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End of the day – Mathias Pahl, CEO Willis Germany
Commercial Risk Europe’s Friederike Krieger caught up with Mathias Pahl, CEO Willis Germany, as part of our Risk Frontiers survey.…
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Widespread rate rises in Germany off the table despite heavy nat cats
German insurers have been hit hard by heavy flooding in large parts of Germany in June and severe hailstorms in…
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Recent progress in German cyber market no panacea say buyers
German industrial insurance buyers have often accused insurers of failing to provide the necessary cover for cyber risk, but in…
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View from the top—Hans-Jürgen Allerdissen
Commercial Risk Europe reporter Patrick Hagen caught up with Hans-Jürgen Allerdissen, Chairman of the German risk managers’ association DVS and…
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AGCS/Marsh claims promise receives lukewarm reception from German buyers
Industrial customers in Germany have reservations about the Major Claims Promise announced by Allianz Global Corporate & Specialty (AGCS) and…
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Tech Talk – Maurizio Micale, STMicroelectronics
Maurizio Micale is Corporate ERM and Insurance Management Director for Geneva-based STMicroelectronics, a manufacturer of semiconductors with 12 manufacturing sites…
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Risk Frontiers – Germany, Part 1
Germany’s risk managers’ association Deutscher Versicherungs-Schutzverband is undergoing profound changes. There are fresh faces on the committee, Hans-Jürgen Allerdissen is…
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Stricter EU data protection rules appear a step closer as top politicians wade in
The EU's justice commissioner has thrown her weight behind calls from German chancellor Angela Merkel for tougher EU data protection…
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Cyber market hots up as AGCS and Zurich launch new coverages
In the wake of Edward Snowden's revelations over NSA data-collecting activities, the German cyber insurance market has seen the introduction…
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NSA scandal set to spark developments in cyber cover says leading broker
The scandal involving the US National Security Agency (NSA) will likely spark a change in cyber policies to cover loss…
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Big reinsurers estimate German flood losses of between €3bn and €4.5bn
Munich Re estimates insured losses from the recent flooding in Germany and neighbouring countries in the region of €3bn ($3.9bn)…
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Insurance associations reject EIOPA’s SII recommendations
The prospect of further delays to Solvency II have increased after the insurance associations of France and Germany rejected the…
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Deutsche Bahn faces heavy uninsured flood losses
German railway operator Deutsche Bahn looks set to absorb losses of between €200m and €1bn from recent flooding after the…
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Estimated insured losses from German flooding up to €5.8bn
The costs of the recent heavy flooding in Germany appear to be rising with AIR estimating insured losses of between…
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Don’t panic: Leading German judge advises on corporate investigations
German executives and risk managers should not panic when the public prosecutor knocks at the company's door to investigate. "The…
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German companies likely to face rate rises following flooding – Funk
With insured losses from the recent heavy flooding in Germany estimated at up to €4bn, industrial companies will now likely…
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Insurers suffering but market still soft, says AGCS’ Lohmann
Industrial insurers in Germany and central Europe are struggling in the face of the European currency crisis and an increasingly…
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Switzerland adopts strategy to fight cyber risks
The Swiss government has launched a national strategy to fight back against cyber risks with a focus on prevention and…
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German insurers under fire for shock tactics
Germany’srisk managers voiced sharp criticism of individual insurers that leave customers in the lurch by the sudden withdrawal of cover…
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Marsh targets German marine business
Insurance broker Marsh is aiming to increase its marine business in Germany and is targeting ship owners and KG companies.