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Mixed report

28 November 2002 By John Paul Rathbone

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Mixed report

28 November 2002 By John Paul Rathbone

A small pat on the back for the world s largest reinsurer for its operational performance. Premiums are rising at a fair clip. Less good, though, is its asset allocation, especially to German banks. Munich may yet have to support an HVB recapitalization.

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