Munich Re collects profit target and suspends share buyback

Munich Re The 2.8 billion euros profit that the reinsurer has set for 2020 as a whole can no longer be achieved. (Photo: Reuters) Munich The postponement of the Tokyo Olympics due to the corona crisis and the cancellation of other major events brings Munich Re this year now out of step. In the first […]

Are masks made by non-specialized companies safe?

Who says “warAgainst the coronavirus, says building up a defensive arsenal. In addition to the increase in the production of sanitary masks announced by the executive (from 15 million, it must go to 40 million per month in April, confirmed Emmanuel Macron on Tuesday), the effort also relates to simple surgical masks, to destination of […]

Swiss Post to focus on paying social benefits

In this period of confinement, if La Poste has set up a minimum service in sorting and distributing mail to protect its employees from the coronavirus epidemic, it does not forget its customers of La Banque Postale. In a statement published on Monday, the group indicates that next week – from April 6 to 10 […]

Vigorous rebound of oil in Asia after an abysmal drop in the price of a barrel

Oil prices rebounded in Asia on Tuesday from the lowest levels in 18 years, investors welcoming the stimulus measures taken by states in response to the economic crisis caused by the epidemic of coronavirus. WTI barrel for delivery in May, benchmark on the American market, was up 6.27% to 21.35 dollars around 3:40 GMT, while […]

what products are “energized” in supermarkets?

After several days marked by a large crowd in supermarkets, things seem to be gradually returning to normal. On Monday, the Minister of Economy reiterated that there is “no shortage today in department stores, in food stores”. Bruno Le Maire also said to take stock “twice a day“With distribution players, to verify”that the French have […]

G20 finance ministers to join videoconference on Tuesday

Finance ministers and central bank governors of G20 member countries will hold a second videoconference on Tuesday to strengthen measures against the coronavirus pandemic, the Saudi hosts said. The twenty economic powers are committed to “common frontIn the fight against the Covid-19 claiming to be ready to inject 5,000 billion dollars into the world economy, […]

W&W fears a profit slump due to corona virus

Desert red & Württembergische If the corona crisis lasts longer, W&W expects a drop in profits. (Photo: dpa) Munich The building society and insurance group W&W fears a drop in profits due to the corona crisis. If the pandemic lasts significantly longer, this year’s net profit could shrink to less than EUR 220 million and […]

towards an extension of the deadline for completing your tax return

Announcements should be made during the week. The 2020 campaign for reporting income for 2019 should logically start in early April. By Le Figaro with AFP The Minister of Action and Public Counts Gérald Darmanin, March 18. POOL / REUTERS Because of the coronavirus, the government is considering extending the deadline for declaring its income […]

The motor insurance sales driver is facing a change

Allianz board member Axel Theis Despite huge challenges, car insurance is likely to remain extremely important for insurers for quite some time. (Photo: Allianz SE) Munich in the alliance Center for Technology (AZT), the insurance experts want to know exactly what happens to the driver and vehicle in the event of an accident. That is […]