One natural disaster followed the next. Storm Éowyn swept across Ireland in particular with wind speeds of up to 183 km/h, leaving a trail of devastation in its wake. The damage is immense and the duration of the clean-up work remains unpredictable. Insurers must be prepared for billions in losses.On Tuesday, the power of the wind was illustrated at the American embassy in Berlin by ... read more
Hollywood Hills is synonymous with wealth and exclusivity, but California's wildfires could become one of the most expensive natural disasters in US history in terms of insured losses. Forecasts by Wells Fargo and Goldman Sachs estimate potential insured losses of up to 30 billion US dollars.The fires are putting further pressure on the already ailing property insurance sector in California. Many property insurers, including Allstate ... read more
The devastating fires in Los Angeles and California have so far destroyed around 10,000 buildings and paralyzed the cultural sector. The first galleries and private homes of artists were destroyed. Artists' residences such as the Villa Aurora were damaged, the Thomas Mann House was evacuated and museums and galleries are still closed. Fortunately, the Getty Villa was spared, although parts of the garden were burned.At ... read more
The year 2025 begins with a sudden onset of winter and brings with it noticeable changes in many areas of life. In addition to the turn of the year, the main focus is on price increases driven by the preceding inflation. Not only everyday expenses are affected, such as visits to your favorite Italian restaurant, but also essential services such as post and insurance.Car insurance ... read more
Dear readers of Kobel's Art Week and our News Blog,2024 brought us enriching encounters in challenging times. What we thought was certain is now in question. We are tackling the resulting challenges and projects together. Thanks to your continued trust, we can create security together.With this in mind, we wish you a peaceful time until Sylvester and a happy and healthy new year!Your team at ... read more
Tomorrow is Christmas Eve – but that won't stop Putin's bloodthirsty henchmen from spreading terror in Ukraine 1065 days after the start of the invasion. It is truly sickening that people in Germany are voting for parties that openly advocate violating international law and then go on to propagate leaving NATO and the EU. A glance at the UK should be enough to show the ... read more