German insurers wind down Iran business

by | Feb 19, 2010 | Business, General

(Reuters) | February 18

Germany’s Munich Re and Allianz halted all remaining insurance business in Iran as their national representative body said it backed international moves toward tougher sanctions against Tehran.

Against a backdrop of rising political tensions, the world’s biggest reinsurer, Munich Re (MUVGn.DE), said on Thursday it was stopping business with insurance firms in Iran, becoming the second major German company this year to cut ties with the country.

Siemens (SIEGn.DE) last month said it would wind down its operations there.

“A tightening of economic sanctions against Iran is understandable and will be supported by the German insurance sector,” industry body GDV said in a statement.

Read the full article in Reuters

  • If you select iPhone Forever, you also have the option to purchase your iPhone 6s 16 GB on the finish of your time period for simply $187.

  • I think the admin of this web site is really working hard for his
    web page, because here every material is quality based information.

  • Shield your Account asks you to enter a telephone number that Twitter can call if
    there are any problems with your account.

  • Aptera has had a background test totally free kenneth eugene battle
    of ceo leases.

  • Please choose one of many service options beneath.” will appear, providing you three selections to have the digital camera component replaced:
    taking the iPhone 6 Plus to an Apple Retail Retailer, calling Apple Technical
    Help, or going to an Apple Approved Service Provider.

  • When Guardian spoke to Mosley, he was working on securing a low-interest loan to pay off his payday loans.

  • The Western Virginia Higher Enterprise Bureau hasn’t acquired many complaints for payday
    loans in our space.

  • Quality articles is the important to attract the people to go to see the website, that’s
    what this site is providing.

  • IPhone 5 might be obtainable from the Apple Online Retailer (),
    Apple’s retail shops, and thru AT&T, Dash, Verizon Wireless and select Apple Approved
    Resellers.

  • However the there are some circumstances as set by twitter to get
    a verified account with them.

  • I know this site gives quality based articles or
    reviews and other material, is there any other website which provides these things
    in quality?

  • Jenifarssmith has 116 short articles on the internet

  • Sure, please go to ProductTestingUSA to see all the latest product testing opportunities, contests and to see all our product reviews.

  • Overdrawing your checking account; as a substitute of taking a cash advance at an ATM, consider simply overdrawing your checking
    account along with your debit card.

  • Smart Balance Wheel http://adf.ly/6249830/banner/www.fashionhoverboard.com Très belle qualité, envoie agile puis soigné !