DACH
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Willis offer innovative non-damage BI cover to ease buyer concern
Complaints by risk managers about a lack of policies to cover business interruption that occurs without a preceding property loss…
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Higher D&O claims causing supervisory board members to opt for own cover
The trend for higher claims in managerial lawsuits can have severe consequences for supervisory board members who are increasingly opting…
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Compliance departments under pressure as scandals mount
With bribery scandals on the increase despite the deployment of large compliance and ethics departments in many companies, these often-maligned…
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German motor insurers anger buyers with mid policy price hike demands
German risk managers are angry over the practice of at least four German motor insurers who have attempted to impose…
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Corporate round-up
EIOPA’S stakeholder groups elect new Chair and Vice Chair and Catlin Re Switzerland opens Madrid office and adds senior underwriter.
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German risk managers back Mitsui Sumitomo expansion plans
German risk managers fully support plans by Asian insurer Mitsui Sumitomo to establish a new risk carrier in Germany and…
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New German arm of Institute of Operational Risk to boost profession
Operational risk experts have launched a German arm of the Institute of Operational Risk (IOR), a body that helps members…
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Fortune favours the brave-Germany
This year’s Risk Frontiers meeting of leading German risk managers held during the recent Annual General Meeting of the DVS…
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Firmly in the driving seat-Klaus Greimel
Klaus Greimel recently took charge of the DVS, the German insurance buyers’ association. Friederike Krieger asked Mr Greimel about the…
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Spanish farmers lose millions from E. coli accusations
Spanish farm producers are suffering large losses following health authorities in Germany wrongly blaming Spanish cucumbers for being the cause…
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Inex24 yet to convince DVS president with key players not on board
The president of the German risk managers’ association DVS is openly sceptical about the proposal for the new electronic insurance…
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French mutuals descend on Berlin to promote pan-European mutual concept
They advanced stealthily and German insurers had no advance warning. French insurance bosses and their wives, 90 people altogether, of…
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Cartel fears could hamper German rate rises following cats-DVS
German industrial insurers could fail to achieve a market-wide hardening of rates and conditions because of fears of another probe…
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Dröse urges greater market cooperation on Solvency II lobbying effort
Günter Dröse, president of ECIROA and global head of corporate insurance at Deutsche Bank in Frankfurt, has called upon the…
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Niche approach key for German industrial insurers facing profit squeeze
German industrial insurers are enjoying rising premium income in key lines, but are suffering from margins that have been too…
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German risk managers demand more courage from carriers-DVS president
German risk managers are demanding more courage and innovation from the insurance industry to help them tackle the ever growing…
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German companies unaware of commercial credit insurance option
Whilst the political unrest in North Africa and the Middle East is jeopardising deliveries by German companies to the region…
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HDI-Gerling looks to expand international book to sell Talanx’s IPO
Risk managers across Europe who feel that their choice of insurers is limited could be well advised to talk to…
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German fidelity insurers expand coverage to increase take up from buyers
Due to relatively low demand German fidelity guarantee insurers are expanding their conditions to make their products more attractive for…
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New German storm surge model should help widen cover for buyers
Aon Benfield has launched the first storm surge risk model for Germany to help drive the underdeveloped line of cover…