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I don't know, but the dividends don't necessarily look stable for a reinsurer.
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@Portfoliopferd Yes, the figures are not positive either and life and health insurance business should account for over 50%. The company is also both a primary insurer and a reinsurer. It almost looks as if they have miscalculated and bought up industry and loss-prone risks at any price in order to grow. I'll have to take a closer look.