German insurer
ERGO in Korea’s insurance market
ERGO, Europe’s 12th-largest insurance company entered the Korean market in 2008 by buying a 65 percent stake in Daum Direct Auto Insurance Co., an...
Insurer Allianz posts quarterly profit of 1.7 billion euros
The German insurance giant Allianz said on Wednesday that its first-quarter operating profit gained 21 percent from the same period a year earlier to...
German banks, insurers may lend Athens 1 billion euros
Deutsche Bank and insurers Allianz and Munich Re could lend Greece one billion euros (1.3 billion dollars) on the same terms as a EU-IMF...
Munich RE warns about the rising cost of climate change
Natural disasters linked to climate change could cost the insurance industry billions of dollars in extra settlement payments every year, German insurance giant Munich...
2009 a ‘benign’ year of natural disasters
"We made it through the year with a minimum of natural disasters", German re-insurer Munich Re said on Tuesday, but climate change still threatens...
Munich RE shows that in particular poor countries are severely affected by climate change
Bangladesh, Myanmar and Honduras were the countries most severely affected by extreme weather events from 1990 to 2008, according to a climate change risk...
Allianz Insurance reports growths in profits and premiums with an operating profit of €1.9 billion
Allianz unveiled forecast-beating quarterly earnings on the back of strong performances in life insurance and asset management, boosting its shares by more than 5.5...
