Germany’s Munich Re can’t seem to buy a break. Despite good gains in operating profit, 777 million euros ($845 million)...
Germany News
Due to the significant number of ratings announcements released recently, the IJ offers the following summary of actions taken by...
A.M. Best Co. announced that it has “affirmed the financial strength rating of A (Excellent) of the Swiss-based Converium Group...
In contrast to its Swiss rival (see previous article) Germany’s Munich Re can’t seem to buy a break. Despite good...
James “Jim” Caldwell McFadden, an insurance industry veteran, died Tuesday, Aug. 26 in his sleep. Survivors include his son, James...
Germany’s Allianz announced that its Polish subsidiary “is continuing to increase its sales, growing faster than the market.” First half-financial...
Germany’s Hannover Re continues to record a steady operating performance. Just reported first-half results show net premiums earned up 9.4...
Allianz Property and Casualty Group Germany, which combines the property and casualty insurance business of the German Allianz companies, achieved...
Germany’s Allianz confounded many analysts’ forecasts by reporting strong gains in most of its operations, posting a net profit of...
Standard & Poor’s Ratings Services announced that it has affirmed its ‘A’ counterparty credit and insurer financial strength ratings on...