Heavy rain, flooding, storms and hail – also known as severe convective storms (SCS) – brought below-average claims for German...
German market News
German insurers are the most exposed in Europe to illiquid corporate bonds, a top watchdog said in one of the...
Germany’s financial watchdog is pushing insurers to step up scrutiny of private credit investments after several firms were stung by...
German watchdog BaFin said the country’s financial industry needs a better grasp of physical risks stemming from climate change because...
Cybercrime and other acts of sabotage have cost German companies around 267 billion euros ($298 billion) in the past year,...
In the early morning hours of May 6, 2023, an explosion occurred in a bank in the German town of...
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced the launch of its Active Cyber Insurance in...
Insurer Allianz SE expects to pay German winemakers tens of millions of euros in insurance claims this year after many...
The recent floods in southern Germany will cost insurers an estimated €1.568 billion (US$1.7 billion), according to PERILS, the independent...
Estimated insured losses from flooding, which hit Southern Germany on May 15-June 5, will range from €2.4 billion (US$2.6 billion)...