GLOBAL Reinsurance Company

GLOBAL RE achieves significant profit in 2009

Due to the successful commutation of the last major relationship and other run-off profits, GLOBALE achieved a technical result of € 162 million in 2009. ...

Cologne, 25.10.2010

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GLOBALE Rückversicherungs-AG

GLOBALE Rückversicherungs-AG 2009 mit hohem Gewinn

Wegen der erfolgreichen Ablösung der letzten verbliebenen Großverbindung und anderen Abwicklungsgewinnen erzielte die GLOBALE 2009 einen versicherungstechnischen Gewinn in Höhe von  € 162 Mio. ...

Köln, den 25.10.2010

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GLOBAL Reinsurance Company

GLOBAL Re closes with another loss; new member of Executive Board appointed; new members in Supervisory Board

For its financial year 2008 GLOBALE Rückversicherungs-AG had to post an after-tax deficit of EUR 8.7 million. This result was driven by losses sustained in investment activities. Last year GLOBAL Re,...

Cologne, 21.10.2009

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GLOBAL Reinsurance Company

GLOBAL Re first German company to receive approval of Scheme of Arrangement according to Anglo-Saxon law

On 10 December, the relevant British court approved the first ever Solvent Scheme of Arrangement (“Scheme”) proposed by a German reinsurer. GLOBAL Reinsurance Company received authority to commute with...

Cologne, 11.12.2008

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GLOBALE Rückversicherungs-AG

GLOBALE Rück wieder in Verlustzone – Erheblicher Personalabbau geplant

Nachdem die GLOBALE Rückversicherungs-AG noch in 2007 einen Jahresüberschuss von 21 Mio. Euro ausweisen konnte, rechnet die in Abwicklung befindliche Gesellschaft für das laufende Geschäftsjahr mit ei...

Köln, 06.12.2008
 

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GLOBAL Reinsurance Company

GLOBAL Re and Randall & Quilter form strategic partnership

The UK AIM listed group Randall & Quilter Investment Holdings Plc (RQIH) and GLOBAL Reinsurance Company have created the framework for the purchase and management of non-life run-off companies in Cont...

Cologne, 21.08.2008

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GLOBAL Reinsurance Company

Volker D. Weisbrodt returns to GLOBAL Re

With effect from 7 December, Mr. Weisbrodt will re-assume the office of Executive Board member of GLOBAL Reinsurance Company. Mr. Weisbrodt had held this office since 1 October 1996 before GLOBAL Re d...

Cologne, 06.12.2006

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GLOBALE Rückversicherungs-AG

Jahresabschluss 31.12.05 der GLOBALE Rückversicherungs-AG

Ergebnis reicht nicht für Ausgleich des Verlustvortrags Das Geschäftsjahr 2005 hat weiter zur Stabilisierung der GLOBALE Rückversicherungs-AG beigetragen, doch bleibt die Lage angespannt. Im dritte...

Köln, 28.10.2006

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GLOBALE Rückversicherungs-AG

GLOBALE Rückversicherungs-AG sells Revios to SCOR

The life reinsurer Revios which had been transferred to VHV to be held in trust is now getting a new owner. GLOBALE Rückversicherungs-AG (GLOBAL Reinsurance Company) is selling its life reinsuranc...

Cologne, 05.07.2006

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GLOBALE Rückversicherungs-AG

Press release on the annual financial statements as per 31.12.2004 of GLOBALE Rückversicherungs-AG

Despite positive annual financial statements, net loss for the year remains - The year 2004 continued the series of difficult business years for GLOBALE Rückversicherungs-AG. Although a net pr...

Cologne, 18.10.2005

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GLOBAL Re Group

GLOBAL Re provides Run-Off Services

The GLOBAL Re Group, now in the third year of its run-off, intends to make the experience and know-how gained in the past years available as a service provider. The formerly sixth largest reinsure...

Cologne, 31.08.2005

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GLOBALE Rückversicherungs-AG

GLOBALE Rückversicherungs-AG (Global Re): Comments on revocation of rating by Standard & Poor‘s

As a company not actively writing any new business but pursuing a proper run-off of its old treaties, GLOBALE Rückversicherungs-AG (Global Re) does not require a rating by rating agencies. The comp...

Cologne, 08.02.2005

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GLOBALE Rückversicherungs-AG

GLOBALE Rückversicherungs-AG again reports substantial balance sheet loss

GLOBALE Rückversicherungs-AG again reports substantial balance sheet loss The financial year 2003 has been another difficult year for GLOBALE Rückversicherungs-AG (GLOBAL Re). After having disconti...

Cologne, 23.09.2004

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GLOBALE Rückversicherungs-AG

GLOBALE Rückversicherungs-AG erneut mit hohem Bilanzverlust

GLOBALE Rückversicherungs-AG erneut mit hohem Bilanzverlust Das Geschäftsjahr 2003 war erneut ein schwieriges Jahr für die GLOBALE Rückversicherungs-AG (GR). Nachdem sie am 26. Oktober 2002 die Zei...

Köln, 23.09.2004

 

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Gerling Globale Rückversicherungs-AG

Gerling Globale Rückversicherungs-AG: Reduction of share capital, change of company name and fewer members in Supervisory Board

The shareholders' assembly of Gerling-Konzern Globale Rückversicherungs-AG (GKG) on 29 December 2003 resolved to reduce the nominal capital of the company from nominal EUR 337.9 million to EUR 50.0 mi...

Cologne, 28.12.2003

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Gerling Group of Insurance Companies

Gerling Globale Rückversicherungs-AG: Changes in Composition of Executive Board

Ulrich Bley (56) has been appointed member of the Executive Board of Gerling Globale Rückversicherungs-AG (GKG) with effect from 1 January 2004. He will be responsible for Finance and Retrocession. Mr...

Cologne, 12.12.2003

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Gerling Group of Insurance Companies

Revios Rückversicherung AG: Appointments

The following appointments were made to the Supervisory Board of Revios Rückversicherung AG: Dr. Achim Kann (chairman of the executive board of Gerling Globale Rück, abbr. GKG) as Chairman of the Boar...

 

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Gerling Group of Insurance Companies

Revios Rückversicherung now a public limited company

Revios Rückversicherung GmbH was converted, last week, as planned, into a public limited company (Aktiengesellschaft). "Revios Rückversicherung Aktiengesellschaft" is now entered in the commercial reg...

Cologne, 25.11.2003 

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Gerling Global Reinsurance Company

Gerling Global Re posts high deficit in the 2002 financial year

Financial 2002 has been another hard year for Gerling Global Re (GKG) - and its last as an active reinsurer. Property and Casualty business is running off since 26 October 2002, while active Life rein...

Cologne, 28.10.2003

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Gerling Group of Insurance Companies

Gerling Life Reinsurance receives A- ratings from Standard & Poor's and A.M. Best

Gerling Life Reinsurance GmbH (GLR), the future "Revios Rückversicherung GmbH" which was taken over by VHV Vermögensanlage AG as trustee on 12 September 2003, has now received its first ratings from S...

Cologne, 17.09.2003

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Gerling and VHV: Joint Press Release

VHV to take over Gerling Life Reinsurance

VHV Vermögensanlage AG, a subsidiary of VHV Vereinigte Hannoversche Versicherung a.G. (VHV), Hanover, is set to take over Gerling Life Reinsurance GmbH (GLR) in trust from Gerling-Konzern Globale Rück...

Cologne, 13.08.2003

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Gerling Group of Insurance Companies

Hessen Higher Administrative Court

BaFin´s ban on sale of Gerling Reinsurance Group unlawful The Hessen Higher Administrative Court in Kassel in summary proceedings today dismissed the appeal which the German financial supervisory a...

Cologne, 13.06.2003

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Gerling Group of Insurance Companies

Gerling may sell Reinsurance Group

By summary proceedings, the administrative court in Frankfurt a.M. ruled that the objection which the German supervisory authority BaFin lodged against the sale of the Gerling Reinsurance Group to Glo...

Cologne, 28.03.2003

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Gerling Global Reinsurance Company

Gerling Global Re ascertained the loss of half its share capital

In compliance with article 9 of the Rules and Regulations of the Luxembourg stock exchange Gerling Global Finance Alpha B.V. makes the following announcement: The Executive Board of Gerling-Konzern...

Cologne, 10.03.2003

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Gerling Group of Insurance Companies

Supervisors refuse to approve reinsurance sale in present form

Gerling Group lodges objection - Amicable solution sought Germany´s Federal Financial Supervisory Authority (BaFin) has announced that it will not approve the sale of Gerling Globale Rückversicheru...

Köln, 26.02.2003

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Gerling Group of Insurance Companies

Gerling Global Re focuses on worldwide life reinsurance business

Non-life reinsurance new business will not be written On 26 October 2002 the Supervisory Board of Gerling Global Re (GGRe) has decided to continue its worldwide life reinsurance business in a new c...

Cologne, 28.10.2002

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