DACH
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German freight companies face premium hike after court ruling
German freight forwarders, or logistic companies, fear that motor third party liability premiums for trailers may rise dramatically due to…
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Non-property damage business interruption offer not popular-Allianz
Allianz Global Corporate and Specialty (AGCS), Allianz’s industrial insurer, has prepared a new concept to cover business interruption without a…
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Bfv choose new president and make other key appointments
A new generation of risk and insurance managers has taken the helm of the Bfv, Germany’s in-house broker and captive…
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German industry hit by events in Japan but credit insurers help minimise loss
The natural catastrophes in Japan have impacted upon German industry, with a number of German companies forced to reduce operations…
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Allianz secures BMW cooperation agreement at expense of Munich Re’s Ergo
German motor manufacturer BMW has sealed a new cooperation agreement with German insurer Allianz that means the insurer can offer…
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German brokers unhappy with insurers, survey says
German brokers are unhappy with insurance companies and in particular with their non-transparent claims handling procedures and the way in…
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Time for joined-up thinking-August Pröbstl
Torsten Jeworrek, board member at Munich Re, announced that the group would expand into the large corporate primary insurance market…
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AGCS hit by cat losses and soft market but delivers robust results
Although payouts for natural catastrophe losses and the ongoing soft rate environment weighed on its annual results, Allianz Global Corporate…
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DVS wants more democratic process for presidential election
In an effort to make its upcoming election more democratic, the board of the German insurance buyers association—DVS—will suggest names…
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Torus signals German intent with war risk cover for shipowners
The German arm of industrial insurer Torus ended 2010 with a bang as the Cologne-based office of the company announced…
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Shifting fleet risk onto employees can pay dividends, German experts say
Staff at German mobile frozen food retailer Eismann will be glued to television screens in March this year. They were…
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Court ruling flags up ‘softer’ disclosure rules in Germany
A German court has told the country's industrial insurers that they can no longer rely on brokers' questionnaires when evaluating…
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Soft market was reason to be disciplined at renewals report Munich Re
Reinsurance rates continued to soften across lines and regions at the 1 January renewals, with some major German reinsurers demonstrating…
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Rhine spillage hits ship owners and industry
With the Rhine still closed to ships travelling downriver companies and ship owners alike have been hit with business interruption…
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Hannover Re reports ‘disciplined softening’ in rates
Germany’s Hannover Re experienced a ‘disciplined softening’ of rates for non-life reinsurance at the 1 January renewals, according to Chief…
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Expanding D&O terms could backfire on managers
The trend in the German D&O market to grant additional benefits to insured corporate executives may well backfire, claimed experts…
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Lighter softenening at German Jan 1 primary renewals
Despite already low rates for property and casualty cover most German risk managers were able to get further reductions in…
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Reinsurance brokers report orderly softening in Germany, except motor
The big reinsurance brokers have reported a continuation of high capacity and minor reductions in prices charged to customers at…
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Leading risk managers believe German motor fleet prices have bottomed out
Leading risk managers believe the comfortable situation for German companies and smaller fleet operators that has seen premiums for motor…
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Post crisis expansion poses new risks for German risk managers
After the financial crisis, German industry is booming, and enterprises are looking to expand beyond domestic borders. But insurance is…