GLOBALE Rückversicherungs Finance Alpha B.V.
Gerling Global Fin. Alpha english
Corporate-news announcement processed and sent by DGAP.
The sender is solely responsible for the contents of this announcement.
——————————————————————————–
The hideous terrorist attacks in New York and Washington have shaken and
shocked the employees and the management of the Gerling Group. Our first
thoughts go to the many victims of these incredibly malicious assaults, their
families and friends. We also see this destruction of two nerve-centers of the
American nation by obsessed fanatics as a threat to all civilized countries and
free economy.
Gerling Global Reinsurance Company (GKG) is investigating at the moment to what
extent claims can be raised against the company under the respective
reinsurance contracts. It is hardly possible at this time to make an exact
estimate of the magnitude of the total loss due to the complexity of the loss
event and its developing effects. Based on what is currently known the net
burden of loss might be in the range of 50 to 70 million EUR. This amount is
lower than the amount of loss incurred from the winter storms in Central
Europe in 1999. This first assessment may be subject to large deviations in the
loss expected.
The financial strength of GKG and of affiliated companies will in no way be
jeopardized, even in the light of this extraordinary situation.
end of message, (c)DGAP 13.09.2001
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden