Deutsche Bank Sells Insurance Unit to Britain’s Phoenix Group September 28, 2016 By Noor Zainab Hussain and Arno Schuetze Deutsche Bank AG has sold its British insurance business Abbey Life to Phoenix Group Holdings as it sheds non-core assets...
Deutsche Bank Balks at $14 Billion U.S. Demand to Settle Securities Claims September 16, 2016 By Arno Schuetze Deutsche Bank said it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it...
Hannover Re’s Diversity Plan Set to Boost Shares; Weather Worries July 13, 2009 By Arno Schuetze and Jonathan Gould The short-term success of Hannover Re’s bid to diversify away from risky businesses is hostage to the hurricane season, while...
Reinsurers Expect Financial Storm Will Cause Premium Increases October 28, 2008 By Jonathan Gould and Arno Schuetze The world’s reinsurers expect the intensifying financial market storm will allow them to push through higher prices for the risk...