"Мюних Ре" намалява дела си в HVB
От презастрахователното дружество коментираха информацията, като обявиха, че принципно възнамеряват да намалят дела си, който към момента е над 18%, но не уточниха как ще стане това и кога, посочва Ройтерс.
"Мюних Ре" регистрираха 27% ръст на печалбата си за първото тримесечие на тази година до 676 млн. евро заради реализирани по-високи капиталови печалби. За същия период на миналата година тя беше 543 млн. евро.
От ръководството на компанията прогнозираха, че ще постигнат планираната 12% възвращаемост на акционерния си капитал за 2005 г. Инвеститорите обаче на този етап са скептично настроени и се съмняват, че "Мюних Ре" ще реализира целта си. Основният им аргумент за това е, че сега реализираният ръст на печалбата от инвестиции - 32% до 2.457 млрд. евро, няма да бъде постигнат през следващите тримесечия на годината. Допълнителни съмнения към поставените цели за печалбата поднася и традицията презастрахователното дружество да е изложено на риск от природни бедствия и обезщетения дължими за тях през следващите четвърти на годината.
Междувременно брокери на борсата във Франкфурт изразиха разочарованието си от постоянно тиражираните слухове за сливане между италианската "Уникредит" и HVB. "Вече поне за трийсет и седми път слушаме как италианската банкова група ще погълне Хипоферайнсбанк. Това е доказателство за липсата на фундамент, който да движи пазара", коментираха те.
The Yomiuri Shimbun
Market to lift Sumitomo Life insurance funds
The Yomiuri Shimbun
Sumitomo Life Insurance Corp. this summer plans to procure about 40 billion dollars to increase a fund similar to joint-stock companies' capital from ordinary institutional investors in its first such move, sources close to the insurer said Monday.
By increasing capital through public offering to ordinary companies, Sumitomo Life plans to improve its financial base, the sources added.
As many life insurers are mutual firms, they used to ask banks and client firms, with whom they fostered close ties, to help increase funds in exchange for holding the banks' and client firms' shares.
By procuring funds from the market, Sumitomo Life plans to stabilize its financial base while at the same time improving its governance, the sources said.
To increase its funds, Sumitomo Life will establish a new firm that will procure funds by issuing shares in small lots worth 100 million yen each for institutional investors.
Compared with receiving funds directly from banks, procuring funds through the market can be done at costs suitable to a company's financial health while increasing transparency. If Sumitomo Life succeeds in this aim, its funds will total 319 billion yen, raising its solvency margin ratio--an indicator of its financial capabilities to make payouts--by about 20 percentage points to about 780 percent, the sources said.
As Sumitomo Life has expanded its business to China and is developing new products with growth potential in the medical insurance sector, it urgently needs to strengthen its financial base. After increasing revenues and profits in insurance premiums and basic profits last fiscal year, Sumitomo Life decided it was time to look for funds in the market, the sources said.
-----------------------
The Moberly Monitor
Shelter Insurance announces auto insurance rate reductions for Missouri policyholders
COLUMBIA, Mo.--Shelter Insurance Companies announced that the Companies would lower rates for automobile insurance for the majority of policyholders.
The rate reduction is due in part to improved company performance during the past three years and will affect approximately 90% of Shelter's customers. The overall statewide impact is a reduction of 5.45% for Shelter customers in Missouri, however the size of the decrease for individual customers will vary based on policy coverages, geography and the individual's profile and loss experience. Customers who carry collision and comprehensive coverages will see the largest rate decreases.
Shelter's strong financial position will allow for the rate reduction while retaining the appropriate levels of premium reserves adequate to pay current claims and generate surplus dollars that can pay future claims from major storms or other disasters.
"We re continually attempting to fulfill our mission as a mutual insurance company responsible to the greater good of all customers," said Don Duello, President and CEO of the Shelter Insurance Companies. "This means consistently attempting to provide the lowest possible rates and the best service in the industry."
The Shelter Insurance Companies offer auto, home, life, farm and business insurance services to customers in 13 states throughout the Midwest and South via a network of local insurance agents. Shelter is rated "A" Excellent by AM Best and Api by Standard & Poors. For more information, contact Vice President of Public Affairs Joe Moseley at 573-214-4324.