Greece Archives - Carrier Management

Greek Economic Turmoil May Kill Munich Re Unit’s Acquisition Plan

Munich Re's Ergo Insurance unit may cancel its planned 90.1 million-euro ($100 million) acquisition of Greece's ATE Insurance SA if the country doesn't return to stability. "Depending upon how the ...

Eurozone Insurers Can Withstand Greece’s Instability: A.M. Best

The impact of Greece exiting the eurozone is likely to hit market confidence in the region, although insurers and reinsurers operating in the economic bloc are well positioned to withstand a ...

Credit Insurers Refusing New Coverage to Greek Customers

Credit insurers are refusing to offer new cover to companies carrying out trade with Greece because of uncertainty over the solvency of Greek customers hit by capital controls, a Greek importer told ...

Greek Investors Sue Cyprus Over Its Solution to 2013 Financial Crisis

Cyprus faces a lawsuit from close to 100 Greek investors who accuse the country of costing both depositors and bondholders of two banks millions of dollars in the wake of its financial crisis and ...

Guy Carpenter Announces New Greek and Cypriot Venture

Guy Carpenter & Co. LLC on Wednesday announced that it has made a major strategic investment in a new venture designed to help develop business in Greece, Cyprus and adjacent countries. Guy ...