Really?

Bugger doesn’t miss a trick, do he?

  • High risk premiums show growing doubt about sustainability of public finances in some states (man’s a bloody genius)
  • Sees signs of contagion from debt crisis having effect on real economy
  • Must concentrate on shielding banks from debt crisis contagion
  • Must remain vigilant that the effects of debt crisis do not spread to insurance sector
  • German insurers well equipped overall