Financial Services

  • Modest growth in asset volume
  • Retail business with funds for private investors holds its ground in a very difficult climate
  • Protection Re contributes EUR 13 million to the segment result
left: Assets under management in EUR bn: 2004 = 25.3, 2005 = 37.1, 2006 = 63.2, 2007 = 65.7, 2008 = 67.8; right: Operating profit (EBIT) in EUR m: 2004 = 25, 2005 = 35, 2006 = 55, 2007 = 60, 2008 = 39;