Germany
Munich Re's profits jump in 2009
Munich Re has reported that its profits rose to €2.56bn in 2009 from €1.58bn in 2008. The Germany-based reinsurance giant's fourth quarter profit also grew substantially, jumping to €0.78bn from €0.11bn in the fourth quarter of 2008.
Munich Re's profits jump in 2009
Munich Re has reported that its profits rose to €2.56bn in 2009 from €1.58bn in 2008. The Germany-based reinsurance giant's fourth quarter profit also grew substantially, jumping to €0.78bn from €0.11bn in the fourth quarter of 2008.
Evergreen owners pledge commitment to service
QBE insists service levels will be maintained
Axa appoints new European CEO
Chairman Henri de Castires welcomes Jacques de Vaucleroy as CEO of Northern, Central and Eastern Europe.
Axa appoints new European CEO
Chairman Henri de Castires welcomes Jacques de Vaucleroy as CEO of Northern, Central and Eastern Europe.
Don't expect Berkshire Hathaway and Munich Re to merge says Wall Street
Berkshire Hathaway's announcement that they had upped their shareholding in Munich Re won't lead to a takeover of the German reinsurance giant, analysts have said.
UK officially exits recession
The UK economy has exited recession, after figures from the Office of National Statistics showed the economy had grown by a 0.1% in the last quarter of 2009.
Zurich continues Irish transfer
Italy, Portugal, Spain and Germany to follow UK business to Zurich Insurance Ireland.
Swiss Re says no 'significant' exposures to Dubai crisis
Swiss reinsurance giant says not badly exposed to collapse of Dubai World.
Munich Re ramps up ownership of ERGO
Munich Re increases ownership of subsidiary
Scor and Allianz close World Trade Centre dispute
The dispute between two insurance giants over WTC payments is over, Scor says.
Fitch happier about reinsurance sector
Ratings agency turns upbeat about reinsurance sector
Hannover Re earnings jump
German reinsurer's third quarter profits follows trend of the rest of the market and gives a confident outlook.
Munich Re profit surges
German reinsurance giant's third quarter net income surges
Senior Gerling underwriter resigns - sources
A senior underwriter at Gerling has resigned, sources told Reinsurance.
Hannover Re upbeat about German market
Hannover Re's German reinsurance business E+S Ruck believes the market is predominately favourable and that renewals in the new year will be stable.
RSA Europe boss ponders future of Gerling tie-up
RSA's European boss has admitted its decade-long 'strategic' association with HDI Gerling could become increasingly fraught as a result of its aggressive growth throughout the continent.
Munich Re announces buyback
Execution research says that the buy back shows Munich Re believes market has stabilized.