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Climate change to cost Germany up to 900 billion euros by 2050 – study

by AIP Online Bureau | Mar 10, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Non-Life, Reinsurance

Germany’s economy and environment ministries cited the study as showing that extreme heat, drought and floods could cost between 280 billion euros ($297.81 billion) and 900 billion euros between 2022 and 2050, depending on the extent of global warming The costs...
Twitter sued in Germany to force the platform to remove antisemitic content

Twitter sued in Germany to force the platform to remove antisemitic content

by AIP Online Bureau | Jan 26, 2023 | International News, Policy, Risk Management

HateAid and the European Union of Jewish Students filed the suit against Twitter to require the platform to clarify basic obligations when moderating criminal content, according to a statement on Wednesday. By filing this lawsuit, HateAid and EUJS said they’re seeking...

Germany’s Scholz says strong immigration may secure population boost to 90 mln

by AIP Online Bureau | Dec 10, 2022 | Eco/Invest/Demography, International News

The government is working on attracting foreign workers to “keep the show on the road” despite an ageing population, making an estimated 7% rise in population to 90 million by 2070 plausible, Scholz told a citizen forum in Potsdam, near Berlin Potsdam:...

Germany earmarks up to $14 bln to make buildings more energy-efficient

by AIP Online Bureau | Jul 27, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Technology

Over the next few years, some 12-13 billion euros per year will be allocated to subsidise renovations to old buildings and installing more energy-efficient windows, doors and heaters, the ministry said. Around one billion euros will be allocated for new construction....

Fairfax Financial to sell pet insurance operations to Germany’s JAB in $1.4 bln deal

by AIP Online Bureau | Jun 20, 2022 | International News, Non-Life, Reinsurance

Fairfax, the Canadian investment company headed by well known contrarian investor Prem Watsa, will sell its interests in Crum & Forster Pet Insurance Group and Pethealth Inc including all of their worldwide operations to JAB’s pet insurance unit for $1.15...
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