Hannover Re

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Starbucks is to be paid €7.15 billion (€5.99 billion) by Swiss-based food giant Nestlé for global market licensing of the US coffee shop chain’s products. Photograph: AFP/Getty Images

Both the Irish and UK stock exchanges were closed on Monday, however their European peers were open and shares closed higher on the day, supported by (...)

Bank of Ireland staged a strong rebound after a couple of difficult days, closing up 8.l5 per cent at 18 cent

European shares rose, with those in Britain capping their biggest jump since June, after the Bank of England unveiled fresh stimulus measures to help (...)

European Central Bank president Mario Draghi has surprised the markets. Photograph: Reuters

The euro whipsawed on Thursday as major new stimulus measures by the European Central Bank were offset by a signal from ECB chief Mario Draghi that it(...)

Aer Lingus closed down 1.6 per cent at €1.314 after it emerged that Denis O’Brien had sold 4.1 million shares in the airline, to reduce his stake to 2.4 per cent. Photograph: Peter Muhly/Getty

European stocks dropped to their lowest level in more than three months as concern mounted about a build-up of Russian troops along the border with(...)

Swiss Re, the world’s second largest reinsurer, posted a lower-than-expected rise in second-quarter net profit. Photograph: Christian Hartmann/Reuters

Lower claims from natural disasters boosted earnings at reinsurers Swiss Re and Hannover Re in the second quarter, but signs of intensifying price com(...)

Russia showed no signs of yielding in the Crimean standoff as Ukraine bolstered its defences. Photograph: Vasily Fedosenko/Reuters

Dublin’s stock market outperformed most of its European peers yesterday, with the Iseq climbing about 0.9 per cent. Most European stocks (...)

 Lloyds Banking Group  has sold  Heidelberger Leben to private equity group Cinven and reinsurer Hannover Re for around €300 million.

British lender Lloyds Banking Group has sold German life insurer Heidelberger Leben to private equity group Cinven and reinsurer Hannover Re for aroun(...)

British banking group Lloyds is to take a £330 million hit on the cut-price sale of its loss-making German insurance arm. The lender has agreed to sel(...)

Reinsurers’ catastrophe claims usually increase in the second half of the year with the hurricane season in the North Atlantic and typhoons in the northwest Pacific.

Hannover Re, the world’s fourth-biggest reinsurer, said second-quarter profit rose 29 per cent, beating analysts’ estimates, helped by higher investme(...)

Local residents walk through a street flooded from the nearby Elbe river in the historic city centre today.  Photograph:  Sean Gallup/Getty Images

Chancellor Angela Merkel promised €100 million to victims of Germany’s worst flood in a decade today as she toured areas devastated by the deluge whic(...)