Tag: Reinsurance
Reinsurers are feeling the effects of the multi-crisis
Munich, Frankfurt When the big reinsurers gather for the traditional meeting with their customers in Baden-Baden starting at the weekend, everything may seem the same at first glance. Just like…
Reinsurers face major challenges
Frankfurt Thomas Blunck sees his industry faced with major challenges in view of the extreme inflation, rising interest rates and the slide in prices for capital investments. “The situation in…
Christian Mumenthaler on climate change & prices
Christian Mumenthaler Christian Mumenthaler, CEO of the reinsurer Swiss Re, believes that the increasing natural catastrophe losses are still insurable. (Photo: Swiss Re) Frankfurt, Zurich Reinsurers around the world are…
These factors could continue to weigh on reinsurers
floods in Australia Already in the first half of the year, reinsurers are reporting high losses from natural catastrophes. (Photo: IMAGO/AAP) Frankfurt Due to high losses from natural catastrophes and…
How inflation and the turnaround in interest rates are affecting insurers
Munich It is a mixture that makes even long-time industry experts such as Jefferies analyst Philip Kett speak of a “complex matter” for European insurers: with the Russian war of…
Munich Re’s profit collapses
Munich Munich Re is feeling the effects of the turnaround in interest rates and turbulence on the capital markets. The profit was only 768 million euros in the second quarter,…
Munich Re’s profit collapses – forecast confirmed
Munich Munich Re is feeling the effects of the turnaround in interest rates and turbulence on the capital markets. The profit was only 768 million euros in the second quarter,…
Munich Re’s profit collapses – forecast confirmed
Munich Re The world’s largest reinsurer opens its books. (Photo: dpa) Munich The turmoil on the capital markets is causing problems for Munich Re. Net profit fell in the second…
Lufthansa expects operating profit for the year – Merck benefits greatly from currency effects
Lanxess increases operating profit Of the specialty chemicals company benefits from higher prices. “Lanxess was able to pass on the sharp rise in raw material and energy costs to the…
Starbucks increases sales significantly despite problems in China – Elliott entry and outlook increase boost Paypal
Strong order situation at Krones The beverage bottling plant manufacturer benefits from the uninterrupted Willingness of beverage manufacturers to invest worldwide. Order intake improved by half from January to June…
Starbucks increases sales significantly despite problems in China – AMD disappoints with the outlook
Strong order situation at Krones The beverage bottling plant manufacturer benefits from the uninterrupted Willingness of beverage manufacturers to invest worldwide. Order intake improved by half from January to June…
Ferrari books record result – Maersk raises forecast after strong quarter
Strong order situation at Krones The beverage bottling plant manufacturer benefits from the uninterrupted Willingness of beverage manufacturers to invest worldwide. Order intake improved by half from January to June…
Maersk raises forecast after strong quarter – Strong order situation at Krones
Strong order situation at Krones The beverage bottling plant manufacturer benefits from the uninterrupted Willingness of beverage manufacturers to invest worldwide. Order intake improved by half from January to June…
BP posts highest profit in 14 years – Maersk raises forecast after strong quarter
Strong order situation at Krones The beverage bottling plant manufacturer benefits from the uninterrupted Willingness of beverage manufacturers to invest worldwide. Order intake improved by half from January to June…
Strong order situation at Krones – Pfeiffer Vacuum with leap in growth
Strong order situation at Krones The beverage bottling plant manufacturer benefits from the uninterrupted Willingness of beverage manufacturers to invest worldwide. Order intake improved by half from January to June…
Stellantis posts more profits – Shell posts record profits again thanks to high energy prices
OMV posts record earnings thanks to higher energy prices The sharp rise in oil and gas prices ensure record profits for OMV. The operating profit adjusted for special effects increased…
Qualcomm is growing rapidly – Volkswagen’s profit falls by almost a third in the quarter
OMV posts record earnings thanks to higher energy prices The sharp rise in oil and gas prices ensure record profits for OMV. The operating profit adjusted for special effects increased…
Qualcomm is growing rapidly – Volkswagen’s profit falls by almost a third in the quarter
OMV posts record earnings thanks to higher energy prices The sharp rise in oil and gas prices ensure record profits for OMV. The operating profit adjusted for special effects increased…
Qualcomm is growing rapidly – Volkswagen’s profit falls by almost a third in the quarter
Airbus lowers delivery target and slows ramp-up Airbus SE has lowered its target for commercial aircraft deliveries and is curtailing production of its best-selling narrow-body aircraft. There are no signs…
Qualcomm is growing rapidly thanks to the smartphone business – Heidelbergcement is lowering profit targets
Airbus lowers delivery target and slows ramp-up Airbus SE has lowered its target for commercial aircraft deliveries and is curtailing production of its best-selling narrow-body aircraft. There are no signs…