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Munich Re on slide.
(From Lloyds List)
SHARES in Munich Re had lost a further 14% by late afternoon yesterday, following widespread expectation in the market that the company might have to resort to a capital increase in order to satisfy rating agencies, writes Herbert Fromme in Cologne.
Since Thursday, when it reported disappointing figures, the shares had lost 35% of their value.
Munich Re, which denies that it has plans for a rights issue, will start a roadshow ...
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...the world's largest insurers, and Munich Re, the world's biggest reinsurer. Both...Jurgen Schinzler, his counterpart at Munich Re since 1993, had said he would go at...probably connected to the state into which Munich Re has fallen. Last year the reinsurer...
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- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management Howard, Lisa S. September 1, 2003 700+ words
...hit a string of reinsurers, downgraded Munich Re to "A-plus" from "double A-minus...P downgrade, last week, followed Munich Re's half-yearly results, when the...Zurich, Switzerland's Swiss Re. But, Munich Re said the S&P downgrade was...
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- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management Jennings, John September 9, 1991 700+ words
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- Munich Re plans 3.8 B euros offering.(Re/International)
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