Insurance- Page 14

The FINANCIAL -- Allianz announces having entered into share purchase agreements with shareholders representing 11.34% of Euler Hermes share capital on November 24, 2017 for a price of 122 euros per share in cash, as a result of which Allianz will own

The FINANCIAL -- Zurich Insurance Group (Zurich) announced on November 23 that it will build on its successes in responsible investment by more than doubling the amount of its impact investments and it will also set innovative new impact targets.

The FINANCIAL -- Prices in non-life insurance and reinsurance are expected to increase, according to Swiss Re Institute's Global insurance review 2017, and outlook 2018/19 report.

The FINANCIAL -- As of 01 January 2018, Jerome Jean Haegeli will become Swiss Re's Group Chief Economist at the Swiss Re Institute. Current Group Chief Economist Kurt Karl will retire at the end of December 2017 after six years in the

The FINANCIAL -- The insurance industry's profits rose by 25 percent to $4.8bn in 2017, and now seems set for a sustained upswing, KPMG's General Insurance Industry Review shows.

The FINANCIAL -- The management team of Zurich Insurance Group (Zurich) will on November 15 make a series of presentations to update investors and analysts on the progress of the company’s strategy for 2017 to 2019.

The FINANCIAL -- Sparkassen Versicherung (s Versicherung) will be merged with Wiener Städtische in 2018, subject to approval by the boards of the Group companies and the authorities. The merger is aimed at strengthening bank distribution.

The FINANCIAL -- Allianz Group reported good results for the third quarter of 2017 after a series of hurricanes, storms and other natural catastrophes drove claims higher.

The FINANCIAL -- New business volumes and customer retention in Property & Casualty and Life are both up, while the Farmers Exchanges continue to deliver consistent growth. The Group is strongly capitalized and has continued to make progress against its strategic targets.

The FINANCIAL -- Munich Re has posted a high loss for the third quarter, but is expecting a significant market recovery. The Group is also counting on profitable growth in new business areas, and is pressing ahead with corresponding initiatives. The digital