https://feeds.thelocal.com/ Read the latest news and views from Germany in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Munich Re, the world's biggest reinsurer, said Tuesday its bottom-line profit increased by more than fourfold in 2012 because natural catastrophes cost it less than a year ago. https://www.thelocal.de/20130205/47781 Tue, 05 Feb 2013 18:23:00 +0100 47781 US securities regulators charged German insurer Allianz SE on Monday with bribing Indonesian government officials, and fined the company $12.3 million for violating overseas corruption laws. https://www.thelocal.de/20121218/46827 Tue, 18 Dec 2012 07:32:00 +0100 46827 Plan on growing old and grey in Germany? Joe Morgan explains why you shouldn’t rely solely on a state pension for your golden years. https://www.thelocal.de/20111125/39111 Fri, 25 Nov 2011 12:09:00 +0100 39111 Having health insurance is obligatory in Germany, but there are considerable differences between private and public coverage. Joe Morgan explores the healthy options for your wallet. https://www.thelocal.de/20111111/38801 Fri, 11 Nov 2011 08:22:00 +0100 38801 Wrong medical bills from clinics and hospitals are costing up to €1.5 billion a year, according to Germany’s statutory health insurers. https://www.thelocal.de/20110819/37061 Fri, 19 Aug 2011 09:12:00 +0200 37061 The 71 million people covered by Germany’s statutory health insurance system may soon be forced to pay up to €840 ($1,195) per year over normal premiums, according to the the head of the state insurance association. https://www.thelocal.de/20110516/35061 Mon, 16 May 2011 19:38:00 +0200 35061 German reinsurance group Hannover Re said Wednesday that the Japanese disasters would cost it around €250 million ($350 million), six times less than global giant Munich Re. https://www.thelocal.de/20110323/33907 Wed, 23 Mar 2011 12:45:00 +0100 33907 About one million people have refused to pay additional fees levied by statutory health insurers this year to fill budgetary shortfalls, a media report said on Tuesday. https://www.thelocal.de/20100817/29199 Tue, 17 Aug 2010 10:38:00 +0200 29199 German insurance group Munich Re posted a better-than-expected second quarter net profit on Wednesday owing to earnings from investments, and raised slightly a full-year sales target despite losses from events such as the BP oil catastrophe. https://www.thelocal.de/20100804/28945 Wed, 04 Aug 2010 15:51:00 +0200 28945 The centre-right government’s health reform plan was blasted Wednesday by opposition parties, unions and insurers as a failure to tackle the deep problems with the health system that would burden the poorest. https://www.thelocal.de/20100707/28337 Wed, 07 Jul 2010 10:21:00 +0200 28337 Hundreds of thousands of Germans are switching statutory health insurers to avoid additional fees being used to plug budgetary gaps, a media report said on Monday. https://www.thelocal.de/20100329/26183 Mon, 29 Mar 2010 11:00:00 +0200 26183 German Health Minister Philipp Rösler surprised observers and infuriated the pharma industry on Friday by launching a tough-seeming package to reduce drug costs including mandatory price cuts. https://www.thelocal.de/20100327/26165 Sat, 27 Mar 2010 15:59:00 +0100 26165 The deadly Atlantic storm ‘Xynthia’ could end up costing German insurance giant Allianz €300 million after leaving a wake of destruction across Europe last weekend. https://www.thelocal.de/20100304/25671 Thu, 04 Mar 2010 16:57:00 +0100 25671 US investor Warren Buffett announced on Thursday he had raised his holding in Munich Re, the world's leading re-insurance company. https://www.thelocal.de/20100128/24881 Thu, 28 Jan 2010 14:55:00 +0100 24881 A German health insurance official on Monday said additional fees for statutory insurance are likely to be implemented nationwide by 2011 at the latest. https://www.thelocal.de/20100125/24803 Mon, 25 Jan 2010 18:24:00 +0100 24803 The head of Germany’s independent drug watchdog has criticised the pharmaceutical industry for allegedly trying to muzzle his institute for its often critical stance on drug companies. https://www.thelocal.de/20091214/23927 Mon, 14 Dec 2009 16:16:00 +0100 23927 Natural disasters linked to climate change could cost the insurance industry billions of dollars in extra settlement payments every year, German insurance giant Munich Re said Thursday. https://www.thelocal.de/20091126/23549 Thu, 26 Nov 2009 19:37:00 +0100 23549 German politicians say they’re concerned about the spiralling cost of health care. But as Hannah Cleaver reports, they also appear content to let pharmaceutical firms charge far more for medication that is cheaper elsewhere. https://www.thelocal.de/20090923/22119 Thu, 24 Sep 2009 00:09:00 +0200 22119 Health insurer threats to raise premiums to accommodate swine flu vaccinations have been met with strong criticism from German politicians and employers this week. https://www.thelocal.de/20090807/21099 Fri, 07 Aug 2009 12:56:00 +0200 21099 Munich Re, one of the world's top reinsurance companies, surprised analysts on Tuesday with strong second-quarter figures, the latest in a row of mostly upbeat global financial sector results. https://www.thelocal.de/20090804/21023 Tue, 04 Aug 2009 15:36:00 +0200 21023