ECB Warns of Financial Stability Risks From Global Elections, Geopolitics May 16, 2024 By Alexander Weber Geopolitical tensions and a raft of elections around the world are heightening the risk that investors will be jolted by...
EU Watchdogs Step Up Plans to Avert Market Meltdown from No-Deal Brexit October 5, 2018 By Silla Brush, Boris Groendahl and Alexander Weber After months listening to the U.K. warn about the risks posed by a no-deal Brexit, European Union financial regulators are...
Germany Echoes UK Concerns over Post-Brexit Risk to Insurance, Derivative Contracts August 30, 2018 By Silla Brush and Alexander Weber European Union and U.K. authorities must agree on a political solution to the threat Brexit poses to trillions of dollars...
EU Dismisses UK Concerns About Post-Brexit Continuity of Insurance Contracts July 12, 2018 By Alexander Weber and Silla Brush The Bank of England’s warning that Brexit threatens trillions of pounds of financial contracts is falling on deaf ears in...
U.K.-EU Brexit ‘Working Group’ Tasked with Fate of Insurance Policies May 2, 2018 By John Glover, Alexander Weber and Piotr Skolimowski The European Central Bank and the Bank of England have been drafted in to study the threats that Brexit poses...
Vienna Insurance 2015 Pretax Profit Down 67% on Romanian, Polish Writedowns March 18, 2016 By Alexander Weber and Boris Groendahl Vienna Insurance Group AG fell the most since 2009 after writedowns at its Romanian and Polish businesses added to earlier...
Vienna Insurance CEO to Leave Over Strategic Differences; Stadler Is Successor December 3, 2015 By Alexander Weber Vienna Insurance Group AG, Austria’s biggest insurer, said Chief Executive Officer Peter Hagen will leave the company over strategic differences...
Vienna Insurance Posts Lowest Q1 Profit Since ’09, Hit by Low Interest Rates May 20, 2015 By Alexander Weber The financial repercussions of record-low interest rates in Europe were highlighted Wednesday as Vienna Insurance Group AG, eastern Europe’s biggest...
Vienna Insurance Misses 2014 Profit Estimates on $85 Million Heta Writedown April 14, 2015 By Alexander Weber Vienna Insurance Group AG wrote down debt of Austrian “bad bank” Heta Asset Resolution AG by 80 million euros ($85...
Vienna Insurance Stays Out of Russia as Acquisition Targets Rare June 2, 2014 By Alexander Weber Vienna Insurance Group AG (VIG), Eastern Europe’s biggest insurer, said it won’t expand into Russia even as the number of...