Hi Bob, we should get a pool going as to when the EUR shall cease to exist.
Deutsche Bank AG shares are falling again this morning, down 3.4 percent to 10.21 euros at6:05 a.m. ET. The bank has been under pressure due to a $14 billion request from the U.S. Department of Justice to settle claims over sales of mortgage-backed securities, as well as German Chancellor Angela Merkel's lack of enthusiasm for bailing out the bank, should it become necessary. For Merkel, it seems there may be a lengthening list of German companies to worry about as the DOJ is currently assessing how big of a fine it can extract from Volkswagen AG over emissions-cheating without putting the carmaker out of business.
German with their millions of refugee's and big companies that need bailout.... Merkel gets voted out and we get a German version of Trump that will not put up with some of the crap going on in the Eurozone.
Britain did it
I understand that the balance sheets of Allianz, Swiss Re, AON, ACE may not be that strong a few of these names may be problematic due to the prolonged low interest rate environment and the impairment of investment returns.
JP
Largest reinsurers worldwide in 2013 and 2014, by net premiums written (in million U.S. dollars)
The statistic presents the ten largest reinsurers worldwide in 2013 and 2014, by net premiums written. It was found that the Swiss reinsurer Swiss Re led the ranking in 2014. The net premiums written by Swiss Re in 2013 amounted to approximately 30.48 billion U.S. and increased to approximately 31.64 billion U.S. dollars in 2014.
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Net premiums in million U.S. dollars35,719.831,64015,220.216,56812,26510,445.18,669.97,7725,256.95,719.933,623.530,44216,120.713,38213,110.810,020.58,570.77,716.95,378.35,229.520142015
Munich Reinsurance Co (Germany)Swiss Reinsurance Co (Switzerland)Hannover Rueck SE (Germany)Berkshire Hathaway Re (United States)SCOR SE (France)Lloyd's (United Kingdom)Reinsurance Group of America, Inc (United States)China Reinsurance (Group) Corp (China)Everest Reinsurance Co (Bermuda)PartnerRe Ltd (Bermuda)
05,00010,00015,00020,00025,00030,00035,00040,000
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Trump says we are in a big fat Fed created stock market bubble........... is Trump just off the reservation on? or is he going to get elected and send Yellen Packing.... which I have advocated from day 1.
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