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May
17

Germany's Public Health Insurance Premiums May Rise

Germany's statutory health insurance system, the oldest in Europe, may soon raise premiums on its 72 million members by up to €840 (US$1,195) per year due to spiraling healthcare costs and other factors.

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Aug
31

Allianz Group Profit Up 22% for Year to Date

Allianz Group, the German insurer, has reported a profit of US$4.95 billion (EUR 3.9 billion) for the first-half of 2010, equivalent to a 22% increase over the same period last year. Revenues during the first half of 2010 increased to US$71 billion (EUR 56 billion) from US$63.4 billion (EUR 49.9 billion) during the same period in 2009.

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