Glückwünsche on taking the leap and deciding to move to Germany! You’ll soon realise the country’s straight-laced reputation is just a mask for the sometimes strange but ultimately charming reality.
Germany’s public health insurance companies made €4 billion in profits last year, bringing their total reserves to more than €10 billion. The news has re-opened a debate on what to do with the extra cash.
Munich Re, the world's biggest reinsurer, said Thursday that profits plummeted last year due to heavy losses from both the eurozone debt crisis and a string of natural catastrophes.
Scared Germans are wasting hundreds of euros every year on insurance policies they do not need as salesmen play on people’s fears, a consumer group warned this week.
Shocked by premium increases of as much as 50 percent, many Germans with private health insurance are seeking to switch to a national health plan, the news magazine <i>Der Spiegel</i> reported Sunday.
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.
German insurer Victoria ignored warnings from intelligence services and insured an internationally wanted terrorist for more than two years – with policies worth up to €2 million – according to internal papers seen by the <i>Handelsblatt</i> newspaper.
China is buying into the indefatigable German reinsurance giant Munich Re, raising its stake to 3 percent and prompting speculation about its future aims.
The world's biggest re-insurance group, Germany's Munich Re, said Thursday that its second quarter net profit rose 3.8 percent to €736 million ($1.05 billion) despite a heavy charge on its holdings of Greek debt.
A subsidiary of a German insurance company under fire for a controversial company sex party has now been accused of denying auto insurance to foreigners.
Drivers who crash their own cars when drunk cannot expect their insurers to pay up, the German Federal Court has ruled – but a loophole still remains which means that a driver who is drunk out of their minds could rightfully make a claim.
Dentist bills could become up to 20 percent more expensive, according to a warning from the association of private health insurers (PKV) – as billing changes hit privately as well as statutorily insured patients in Germany.
Already grappling with a now notorious sex-party scandal, the Hamburg-Mannheimer subsidiary of German insurance company Ergo reportedly overcharged 70,000 customers some €160 million (€234 million) for state-subsidized pension saving schemes.
A notorious Budapest sex party hosted by a German insurance company for its top employees was reportedly used as a €83,000 tax write-off by the company.
The German insurance representatives who took part in a scandalous ‘motivational’ orgy reportedly indulged in blatant drug-taking on other trips abroad abroad with business colleagues.
German officials have given an ultimatum to statutory health insurers: Treat former customers of a now-bankrupt insurance company fairly or they will face a legal crackdown.
A Hamburg insurance company has admitted organising a sex party for its 100 best representatives, where around 20 prostitutes were on hand, complete with colour-coded wrist bands to indicate who could use them.
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.
Germany's Allianz became on Wednesday the latest insurance giant to see its profits hit by claims related to a string of natural disasters, most notably Japan's monster earthquake and tsunami.
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.
German Health Minister Philipp Rösler on Monday rejected plans by conservatives to ensure doctor’s appointments within three weeks for those with public health insurance, saying it would not address the real problem – a shortage of doctors.
