Germany's interest rate reserve gets bigger - and better

German life insurers paid more into the Zinszusatzreserve again in 2020, despite the new "corridor method" of calculation that intended to unburden the sector. Industry leaders tell David Walker the ZZR remains fit for purpose nonetheless


German insurers' legal costs in diesel scandal near $1bn

GDV expects further cases as plaintiffs target more vehicle manufacturers


German trade insurers win further six months' breathing room

Public-private umbrella protection programme extended to June 2021


Mounting ZZR contributions "appropriate" in current environment

German trade association backs methodology revised in 2018


German insurance chief hits out at blanket ban on dividends

The GDV's Jörg Asmussen also enthused about the idea of a European pandemic risk pool


EU supervisors comment on Eiopa's plans for Solvency II reform

French, German and Italian supervisors are supporting some of Eiopa's proposals to amend Solvency II, while the European Commission has admitted it needs to do more to encourage long-term business. Cintia Cheong reports


German insurers explain their vision for successful Solvency II proportionality

GDV paper on proportionality being published later this week


German insurers faced €3bn natcat bill in 2019

Costs fell for third consecutive year, GDV data shows


German legal insurers face €6bn bill from Dieselgate scandal

GDV calls for measured increase in lawyers' fees next year


What German insurers expect from a European recovery post-Covid-19

GDV chairman calls for a more sustainable economy in Europe in the post-crisis period