World Insurance Report
Company profile: Gothaer Re
Gothaer Rückversicherung, part of German mutual group Parion, saw a 33% fall in pretax profits to DM20mn (US$9mn) in 2000
as increased claims and business acquisition expenses hit the underwriting result, which deteriorated from a loss of DM41mn
in 1999 to a loss of DM57mn in 2000.