Insurance, Germany, Europe | Chambers Rankings (2024)

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Insurance includes both contentious and non-contentious insurance and reinsurance matters. On the contentious side, we feature coverage claims litigation, broker`s negligence and both `facultative` and `treaty` reinsurance disputes. There is also an element of professional negligence issues arising from insurance disputes. On the non-contentious side, we include all regulatory issues.

Insurance, Germany, Europe | Chambers Rankings (1)

In-depth overview

GERMANY: An IntroductionJURISDICTIONAfter the burdens of the COVID-19 pandemic, the year 2022 has brought considerable new challenges f...

Insurance, Germany, Europe | Chambers Rankings (2)

Authored by Seitz Partner, Ulf Goeke, Stephan Pötters

Rankings overview for Departments

1

Band 1
  1. BLD Bach Langheid Dallmayr 24 Years Ranked
  2. Clyde & Co LLP

2

Band 2
  1. DLA Piper UK LLP 17 Years Ranked
  2. Noerr 17 Years Ranked
  3. Wilhelm Rechtsanwälte 9 Years Ranked

3

Band 3
  1. CMS 17 Years Ranked
  2. Fiedler Cryns-Moll FCM Rechtsanwälte Partner 5 Years Ranked
  3. Thümmel, Schütze & Partner

4

Band 4
  1. HEUKING 16 Years Ranked
  2. Taylor Wessing 10 Years Ranked
  3. Friedrich Graf von Westphalen & Partner

All Departments profiles

1

Band 1
  1. Insurance, Germany, Europe | Chambers Rankings (12)

    1

    BLD Bach Langheid Dallmayr

    Insurance

    2023 | Band 1 | 24 Years Ranked

    BLD Bach Langheid Dallmayr houses a stellar insurance practice with a particular focus on defending large national and international insurance companies in litigation. The team regularly covers D&O as well as professional, third-party and product liability cases including global product recalls. With its further strength in liability for cyber-attacks and claims arising from industrial damage as well as insolvency-related disputes, BLD Bach Langheid Dallmayr is in a prime position to handle contentious mandates. Furthermore, the firm is highly esteemed for insurance regulatory advice, assisting with the development of new property, life and health insurance products.

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  2. Clyde & Co LLP

    Insurance

    2023 | Band 1

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2

Band 2
  1. Insurance, Germany, Europe | Chambers Rankings (13)

    2

    DLA Piper UK LLP

    Insurance

    2023 | Band 2 | 17 Years Ranked

    DLA Piper houses a well-regarded insurance practice, which spans regulatory as well as transactional mandates for policyholders and prominent insurers. Its team regularly represents clients in complex and high-value disputes including mass proceedings often in relation to D&O, E&O, W&I and construction defects as well as product liability claims, with these disputes often being cross-border. The firm also has experience drafting multi-jurisdictional insurance contracts, along with cooperation agreements between insurtech companies and large insurers. In addition, insurers seek the firm's assistance with the implications of insolvencies of policyholders while also handling authority proceedings. Due to its international office network, the law firm is well placed to handle cross-border insurance mandates.

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  2. Insurance, Germany, Europe | Chambers Rankings (14)

    2

    Noerr

    Insurance

    2023 | Band 2 | 17 Years Ranked

    Noerr houses a well-known insurance department with particular strength in litigation and arbitration proceedings. Insurers, corporate clients and banks alike seek the firm's advice on high-end claims, primarily connected to D&O as well as IT law. Noerr handles multiple aspects of the insurtech market, both regulatory and transactional. The team also offers regulatory advice regarding governance and management of foreign stakes. The team is also active on both domestic and multi-jurisdictional insurance and reinsurance matters. Clients also benefit from Noerr's significant experience in insurance transactional and tax issues, making it a strong candidate for comprehensive advice.

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  3. Insurance, Germany, Europe | Chambers Rankings (15)

    2

    Wilhelm Rechtsanwälte

    Insurance

    2023 | Band 2 | 9 Years Ranked

    The Düsseldorf-based boutique law firm Wilhelm is renowned for its expertise in complex insurance disputes. The team regularly represents policyholders in litigation, particularly in the areas of cyber insurance, industrial damage and business interruption as well as D&O. Furthermore, clients seek the firm's strength in handling claims under legal expenses insurance. Its experience covers various industry sectors, including construction, industrial manufacturing, automotive and energy as well as banking and finance. Its client roster includes big names across many industries in Germany.

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3

Band 3
  1. Insurance, Germany, Europe | Chambers Rankings (16)

    3

    CMS

    Insurance

    2023 | Band 3 | 17 Years Ranked

    CMS has a robust insurance practice in Germany. It is engaged by top international and domestic names to handle a multitude of insurance matters. It offers expertise in D&O issues, portfolio audits, cooperation agreements and cross-border insurance mergers, including with insurtech firms. CMS helps international insurance clients establish themselves in Germany. On contentious issues, CMS has ample experience in insurance litigation. The team has the facility to aid clients in the design of new insurance products, including guarantees. CMS affords client sound advice on both regulatory and transactional questions.

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  2. Insurance, Germany, Europe | Chambers Rankings (17)

    3

    Fiedler Cryns-Moll FCM Rechtsanwälte Partner

    Insurance

    2023 | Band 3 | 5 Years Ranked

    Fiedler Cryns-Moll FCM is a successful boutique law firm with a strong focus on financial lines mandates and D&O claims. Its team is best known for advising and representing managers and insurers in managerial liability disputes.

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  3. Insurance, Germany, Europe | Chambers Rankings (18)

    3

    White & Case

    Insurance

    2023 | Band 3 | 16 Years Ranked

    As an international law firm, White & Case is well placed to handle multi-jurisdictional insurance mandates. The team often represents prominent insurers, reinsurers and policyholders in disputes relating to coverage claims, including COVID-19 related matters and D&O issues. White & Case also has experience in restructuring-based claims. Furthermore, the team advises well-known corporates on strategic partnership agreements with insurance companies. White & Case also covers regulatory mandates as well as contract and product issues. The firm is also at ease assisting its international clients with establishment in Germany and Luxembourg.

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  4. Thümmel, Schütze & Partner

    Insurance

    2023 | Band 3

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4

Band 4
  1. Insurance, Germany, Europe | Chambers Rankings (19)

    4

    HEUKING

    Insurance

    2023 | Band 4 | 16 Years Ranked

    As a German law firm, Heuking often advises on domestic mandates with a focus on representing insurers and reinsurers in litigation. Its team is particularly active in the area of professional liability, frequently assisting with defence against damages claims, as well as asserting D&O claims from the policyholder side. Insurance claims regarding business closures and recourse proceedings are also handled by the firm. Heuking is also experienced in the establishment of insurance companies in Germany. It has further expertise in supervisory law regarding brokerage agreements.

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  2. Insurance, Germany, Europe | Chambers Rankings (20)

    4

    Taylor Wessing

    Insurance

    2023 | Band 4 | 10 Years Ranked

    Taylor Wessing often represents insurers and public associations in various contentious and non-contentious mandates. The team has experience in coverage disputes across the insurance sector, particularly in the D&O and health spheres, with the firm being capable of representing clients in litigation of any level. Taylor Wessing also possesses expertise in distribution, revision of insurance contracts and ESG issues, as well as providing general advice on insurance regulatory law. The client list reads impressively, with Taylor Wessing representing some of the top insurers and reinsurers in Germany and globally.

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  3. Friedrich Graf von Westphalen & Partner

    Insurance

    2023 | Band 4

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Related Rankings

Insurance: Transactional - Germany

Insurance, Germany, Europe | Chambers Rankings (2024)

FAQs

What is IFLR1000? ›

IFLR1000 is the guide to the world's leading financial and corporate law firms and lawyers covering the business of law in over 120 jurisdictions worldwide.

Who owns Chambers and Partners? ›

The Inflexion investment

Inflexion first backed Chambers and Partners in late 2018. The business was sold to US Private Equity firm Abry Partners in 2023 in a sale that valued Chambers at over £400 million. Inflexion subsequently acquired a minority shareholding through its Partnership Capital Fund.

How much is life insurance in Germany? ›

To keep your policy valid, you'll need to continue paying your monthly premiums for the duration of your contract. On average, depending on the insurance amount, the length of term, and your age, a life insurance premium can be as little as 3 euros per month.

Is it illegal to live in Germany without health insurance? ›

Health insurance for all persons not studying or working. Everyone living in Germany must have health insurance. Becoming a member of a statutory health insurance fund is not a problem when you start studying or working.

Is it illegal to not have insurance in Germany? ›

Even if you have no money, you are still subject to gen- eral compulsory insurance in Germany. First find out whether you are insured in statutory health insurance. If you have no money, you can apply for social benefits at the Job centre or Social welfare office.

What does the IFLR stand for? ›

IFLR may refer to: Institute for Food Laws and Regulations. International Financial Law Review.

Which are tier 1 law firms in India? ›

Tier 1
  • AZB & Partners.
  • Cyril Amarchand Mangaldas.
  • JSA.
  • Juris Corp.
  • Khaitan & Co.
  • Shardul Amarchand Mangaldas & Co.
  • Trilegal.
  • TT&A.

What are Chambers legal rankings? ›

Chambers is a legal ranking that uses many in-depth editorial and research teams to assess lawyers and law firms throughout the world, covering more than 185 jurisdictions.

Who bought Chambers? ›

Chambers & Partners has a new owner – the private equity firm, Abry Partners.

What is the Ebitda of Chambers and Partners? ›

In the fiscal year ending June 2022, the company generated adjusted EBITDA of GBP 15.2m, up from GBP 12.9m in the same period the year before, according to company filings. Its revenues grew 22% to GBP 42.6m in that same year from GBP 24.8m in FY21.

What is Germany largest insurance company? ›

Allianz was the leading insurance company in Germany as of March 7, 2024, with a market capitalization amounting to approximately 109 billion U.S. dollars. Munich RE followed as the second largest insurance company in the country, with a market capitalization of over 64 billion U.S. dollars.

Is it cheap to retire in Germany? ›

While cities like Munich and Frankfurt carry hefty price tags, many areas of Germany offer a surprisingly affordable cost of living for expats. According to data from Nomad List, the average cost of living for an expat in Germany ranges from around $1,700 to $2,200 per month.

How much is the average German pension? ›

Current figures from German Pension Insurance show that 61% of pensioners receive less than €1,200 net per month from their statutory state pension. One in three pensioners receive less than €750 net. Many women in Germany receive much lower pensions, or none at all.

Does Germany have mandatory health insurance? ›

The statutory health is mandatory for individuals in Germany unless a person makes over 60,750 Euros which allows them to opt-out of SHI and purchase private insurance. Approximately 88% of the population receives primary coverage through the sickness funds and 11% through private insurance.

What is mandatory health insurance in Germany? ›

Health insurance is mandatory in Germany, with nearly universal coverage. The statutory health insurance (SHI) system consists of 110 sickness funds (acting as third-party payers) covering around 88% of the population.

Does Germany mandate health insurance? ›

In Germany, you must take out health insurance as an employee. A distinction is made between statutory and private health insurance. These are two different systems and you cannot switch between them freely.

Is public insurance mandatory in Germany? ›

Applying for public or private healthcare

Either way, private or public healthcare is mandatory by law in Germany. You can find out more about how to register for public healthcare insurance on our Public Healthcare in Germany page.

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