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Germanys Gerling Responds

International Editor


Gerling Group hit the spotlight last week when Warren Buffett came out with a statement that an unnamed reinsurer had stopped paying claims. While there were reports that the company in question was Gerling Global Re, the companys U.S. subsidiary that is in run-off, Christoph Groffy, representative for Gerling Group, vehemently denied the company is failing to pay claims. “Gerling has paid all claims and it will pay all claims,” he said.

Reproduced from National Underwriter Edition, March 17, 2003. Copyright 2003 by The National Underwriter Company in the serial publication. All rights reserved.Copyright in this article as an independent work may be held by the author.



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