Insurance news from Germany warns residents of increasing premiums

German insurance industry

The GDV industry association has said that the rise will be 1.5 percent this year. The GDV has just announced the latest insurance news, that insurers in Germany, including Talanx AG and Allianz SE, will likely be posting an increase in their premiums of 1.5 percent by the year’s end. It is believed that the premiums growth will increase to €180.7 billion ($230 billion). Among the explanations for these premiums increases are that the country has seen some of the highest levels of property and casualty growth that it has…

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