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Europe Daily Bulletin No. 7947

19 April 2001
Contents Publication in full By article 41 / 63
ECONOMIC INTERPENETRATION / (eu) insurance

The Swiss insurer BALOISE (net profits of CHF 634 million in 2000) announced the sale of SEGUROS Y REASEGUROS (turnover of EUR 69 million in 2000), its Spanish activities to the Belgian-Dutch bank-insurer FORTIS without disclosing the amount. The Swiss group already previously withdrew from the French and Italian markets.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION