Munich Re

Euroins Insurance Group has concluded an agreement to acquire four insurance companies in three European countries - Romania, the Czech Republic and Belarus, the company said. The companies are subsidiaries of the German ERGO - one of the leading insurance groups in Europe and part of Munich Re, which is one of the world's largest reinsurance companies, reports money.bg

Want to save the world and earn a juicy return at the same time?

The World Bank has got a bond to sell you.

The Bank has launched its first pandemic bond, raising funds to help developing countries combat infectious diseases. The sale raised $322m in two separate three-year bond issues, with the Bank also issuing $100m of swaps offering pandemic protection.

Piraeus Bank, Greece’s second-largest lender by assets, has agreed to sell its ATE Insurance business to Ergo Insurance Group, a subsidiary of German reinsurer Munich Re, for 90.1 million euros in cash.