Topic: Nikolaus von Bomhard
Munich Re, the world's top re-insurance company, warned Wednesday it would post a loss for the first quarter because of Japan's massive earthquake and tsunami in March.Munich Re said natural catastrophes, mainly the devastating Japanese quake, will cost it ...
Last week, Munich Re announced strong investment returns but warned that low interest rates could impact results going forward. In an interesting interview with The Financial Times, Nikolaus von Bomhard, CEO of Munich Re, explains the challenges facing insurers due to easy ...
FRANKFURT (Reuters) - The head of the world's largest reinsurer, Munich Re , warned low interest rates were hurting the industry and urged central banks to return to more orthodox rate policies as soon as possible.Chief Executive Nikolaus von Bomhard's remarks ...
MUNICH (Reuters) - Munich Re sees star investor Warren Buffett's stake in the reinsurer as evidence that he backs its long-term strategy aimed at creating stability, Munich Re's chief executive said on Wednesday."He would not have bought in if he ...
Munich Re, one of the world's top reinsurance companies, surprised analysts on Tuesday with strong second-quarter figures, the latest in a row of mostly upbeat global financial sector results.Munich Re reported a 14-percent rise in net profit to 691 million ...
Munich Re, the world's biggest reinsurance company, posted on Tuesday a better than expected second quarter net profit and said it had suffered limited effects from the global economic crisis.The group reported a 14 percent rise in net profit to ...
Muenchener Rueckversicherungs AG chief executive Nikolaus von Bomhard reiterated the group's full year outlook and said the reinsurer continues to see net profit in the range of 3.0-3.4 billion euros this year.. Last year, Munich Re had booked net ...
Muenchener Rueckversicherungs AG is not planning to make acquisitions in reinsurance in the near future but considers smaller to medium-sized takeovers in primary, chief executive Nikolaus von Bomhard said at the half-year press conference. In primary, takeovers are strategically likely but only ...
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