A strategic partner will also make it possible for us to expand in the profitable Life reinsurance market. In areas of Property insurance where Gerling Global Re occupies a strong market position, we will further extend our close links with primary insurers. The portfolio streamlining and procedural restructuring undertaken will help put the Gerling Global Re Group back on the road to profitability.
For the current year, in a market characterized by rising premiums, we anticipate a decidedly positive result.
Cologne, 14 May 2002
The Executive Board:
Björn Jansli Uwe Eymer Hans-Joachim Guenther Stephan Knipper Volker D. Weisbrodt