March 19, 2004
Germany’s Allianz AG bounced back strongly from last year ‘s losses to post net profits of 1.6 billion euros ($1.96 bllion) for 2003. Nevertheless the poor performance of the Group’s banking operations, centered on Dresdner Bank, which Allianz bought in …
March 8, 2004
Looking at this issue reminds me of how things have changed over the years. I frequently listen to a “Nostalgic” music station—yes, even in France these exist—and they play Ray Charles and the Beach Boys, and recently the song from …
March 3, 2004
Natural and man-made catastrophes caused the deaths of more than 60,000 people worldwide last year, according to Swiss Re’s latest sigma report. Over two thirds of these were the victims of earthquakes. Overall economic losses from catastrophes were approximately $70 …
March 1, 2004
France’s AXA Group, Europe’s second largest insurer, reported net profits of 1 billion euros ($1.251 billion), buoyed by a strong recovery in its P/C division. The results exceeded analysts’ forecasts, which had been in the 780-960 million euro ($975 million …
February 26, 2004
Munich Re has released its 2003 study of natural catastrophes, which concludes that “after three years of relative calm, no fewer than five great natural catastrophes(based on U.N. criteria) occurred in 2003.” Parts of the study were released last November …
February 23, 2004
Targeting and Insuring the Very Rich When thinking about the wealthy, typically one conjures up images of well-known celebrities, business moguls and the inherently rich. One might envision multi-million dollar homes, 20-carat diamond rings or stacks of gold coins the …
February 23, 2004
Targeting and Insuring the Very Rich When thinking about the wealthy, typically one conjures up images of well-known celebrities, business moguls and the inherently rich. One might envision multi-million dollar homes, 20-carat diamond rings or stacks of gold coins the …
February 23, 2004
Targeting and Insuring the Very Rich When thinking about the wealthy, typically one conjures up images of well-known celebrities, business moguls and the inherently rich. One might envision multi-million dollar homes, 20-carat diamond rings or stacks of gold coins the …
February 23, 2004
Targeting and Insuring the Very Rich When thinking about the wealthy, typically one conjures up images of well-known celebrities, business moguls and the inherently rich. One might envision multi-million dollar homes, 20-carat diamond rings or stacks of gold coins the …
February 23, 2004
Targeting and Insuring the Very Rich When thinking about the wealthy, typically one conjures up images of well-known celebrities, business moguls and the inherently rich. One might envision multi-million dollar homes, 20-carat diamond rings or stacks of gold coins the …