Vienna Insurance Bolsters Position in E. Europe with Purchase of Aegon Unit November 30, 2020 By Boris Groendahl and Colin Keatinge Vienna Insurance Group AG bolstered its position as the biggest insurer in central and eastern Europe by agreeing to buy...
Vienna Insurance Discloses Previously Unreported S Immo Stake April 16, 2019 By Boris Groendahl Vienna Insurance Group AG disclosed a previously unreported stake in Austrian commercial property firm S Immo AG after Bloomberg reported...
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...
Brexit Divorce Stalemate: EU Leaders Reject UK Blueprint as Deadline Looms September 21, 2018 By Tim Ross, Ian Wishart and Boris Groendahl Theresa May promised fresh plans to break the stalemate in Brexit negotiations after European Union leaders bluntly rejected her blueprint...
Austrian Gas Blast Caused by Seal in Newly Installed Filtering Unit: Hub Operator December 15, 2017 By Matthias Wabl and Boris Groendahl The massive explosion that shut down natural gas flows for half a day in Austria this week was caused by...
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 Q2 Profit Drops 8.6% on Low Interest Rates in Region August 25, 2015 By Boris Groendahl Vienna Insurance Group AG, eastern Europe’s biggest insurer, said profit in the second quarter declined 8.6 percent as low interest...
EU Seeking to Cut Minimum Risk Weighting on Simple Securitizations August 21, 2015 By John Glover, Boris Groendahl and Rebecca Christie The European Commission is seeking to cut the minimum risk weight on securitizations that qualify as simple and transparent to...
EU Close to Easing Solvency II Capital Rules to Lure Asset-Backed Debt Buyers August 18, 2015 By Alastair Marsh and Boris Groendahl The European Union’s plan to revive the asset-backed securities market may heed industry concerns by broadening the range of products...
Global Insurance Regulators Postpone Tougher Capital Standards June 26, 2015 By Boris Groendahl, Elena Logutenkova and Shane Strowmatt Global insurance regulators will take more time than previously planned to address industry concerns before applying tougher capital rules to...