Despite devastating floods and forest fires, the world’s largest reinsurer Munich Re does not shy away from taking on further risks of this kind. “We have an appetite for natural catastrophe risks,” said board member Stefan Golling at the annual reinsurers meeting in Monte Carlo on Sunday. While some providers have withdrawn from this business, … Read more
UAmong German insurers, perhaps a handful have already worked intensively on their own sustainability strategy. So intense that they have an idea of what is specifically in store for them in the years to come. Philip Krohn Editor in business, responsible for “People and Business”. The insurance industry has made a declaration of intent to … Read more
– Charging station for electric vehicles The first joint project planned is the development of a “battery score”. – (Photo: IMAGO/Olaf Döring) – – – – München Munich Re is expanding its projects in the field of artificial intelligence (AI). Together with the primary insurance subsidiary Ergo, the technology company In-Tech and Munich professor Markus … Read more
Frankfurt Do companies’ profits justify the high valuations of the stocks? There will be a lot of new answers to this question in the week from Monday.The housing giant will lay down on Tuesday Vonovia and the semiconductor specialist Infineon Numbers ahead. Half-time workers have recently been so scarce that production has been slowed in … Read more
Christian Mumenthaler The reinsurer’s chief executive warns of premature euphoria regarding corona control. – (Photo: Reuters) – – – – Frankfurt, Munich Christian Mumenthaler, the head of reinsurer Swiss Re, fears that the hope of a quick normalization after the corona crisis could prove to be deceptive. In an interview with the Handelsblatt, the top … Read more
Dax curve View of the Dax curve in the Frankfurt trading hall. – (Photo: dpa) – – – – Dusseldorf The German stock market was once again in a robust position on Thursday: the Dax closed 1.35 percent higher at 10,749 points, the daily high was 10,755 points. Robust because of the German companies cut … Read more
Dusseldorf Germany’s companies want to distribute nearly 44 billion euros in dividends for their shareholders this year and thus share in the success of the past financial year. At the same time, like Adidas, BASF, Daimler and Co., they send their employees on short-time work – so they have their employees paid by the taxpayer. … Read more
Frankfurt trading hall The corona crisis has plunged global equity markets into a crisis. – (Photo: Bloomberg / Getty Images) – – – – Dusseldorf The leading German index is slipping again this Wednesday: the Dax is losing at the close of trading 3.9 percent and closes at 9545 points – a minus of 390 … Read more
Frankfurt trading hall The corona crisis has plunged global equity markets into a crisis. – (Photo: Bloomberg / Getty Images) – – – – Dusseldorf The leading German index is going down again this Wednesday: the Dax loses 4.2 in the afternoon trade Percent and listed at 9530 points. All 30 Dax values are in … Read more