greek debt
Munich Re : profits up more than threefold in 2012
Munich Re, the world's leading reinsurer, said Tuesday it is projecting a threefold increase in profits this year to around 2.5 billion euros ($3.3...
ISDA : position on Greek debt insurance is due March 1 2012
A global body for contracts used as insurance against sovereign defaults, the ISDA, will say on Thursday if a deal to cut Greek debt...
EIOPA : Eurozone debt crisis biggest threat to insurers
EIOPA is warning insurers about the Eurozone sovereign debt being their biggest threat. The risk related to their government bond holdings could suffer losses.
"The...
France : French banks to participate in new Greece bailout
French banks and insurance companies will participate in a new Greek financial rescue programme "on a voluntary basis", French President Nicolas Sarkozy said Friday....
Greek banks, insurance funds ‘available’ for debt rollover
Greek holders of the country's huge sovereign debt such as banks and social security funds are "available" to participate in a rollover to reduce...
Europe moves to levy bank failure tax
Banks will never again be allowed to call on taxpayers to clean up their mess under plans for a new Europe-wide crisis insurance levy...
Europe to push for tougher G20 market regulation
Greek Prime Minister George Papandreou said several European leaders will press for a ban on certain arcane financial tools tied to the 2008 global...
ING reports 3.2-billion-euro exposure to Greek bonds
Dutch bank and insurance group ING reported Wednesday an exposure of 3.2 billion euros (4 billion dollars) to Greek government bonds.
This was comprised of...
German insurer Allianz reports 3.3 billion euros in Greek holdings
The German insurance giant Allianz said on Wednesday that it owned 3.3 billion euros (4.2 billion dollars) worth of Greek debt at the end...
