The world's largest reinsurer is far from alone in seeking alternative investment strategies to counter the near-zero or negative interest rates that reduce the income insurers require to pay out on policies. Munich Re has held gold in its coffers for some time and recently added a cash sum in in the two-digit million euros, Chief Nikolaus von Bomhard told a news conference. "We are just trying it out, but you can see how serious the situation is," von Bomhard said. The ECB last week cut its main interest rate to zero and dropped the rate on its deposit facility to -0.4 percent from -0.3 percent, increasing the amount banks are charged to deposit funds with the central bank.
- Site Map - Guide
- Good People In Good Projects
- Junior Gold with a Major Mining Shareholder
- Gold Merger and Acquisition Targets - Denver Gold Companies
- Emerging Multi-Project Consolidators - Growth - Mergers & Acquisitions plus
- Project Generators
- Emerging Gold Producers
- Old Gold Mines - New Exploration
- Regional Exploration
- Gold & Silver Discovery Stocks
- Large Low Grade Gold Deposits
- Silver Miners . . . . . .
- Junior Gold Stock Newsletter Picks
- Junior Gold Miners Stock Selection & Trading . . . . . . .
- Due Diligence - Gold Deposits, Production & $/oz
- Gold PEA / PFS / DFS / BFS Company Updates - NI 43-101 / JORC
- PDAC 2012 - Core Shack
- News - Stock Movers - Insiders - Broker Upgrades - Earnings - Warrants
- Why Gold ?
Wednesday, 16 March 2016
Institutions - Gold & Negative Rates
Munich Re including gold investments