Strong balance sheet Strong returns Analysts' conference 2014

The vast majority of these patients did not fulfill the criteria for true anaphylaxis and likely had minor allergic reactions which would have gotten better by themselves,

 Group solvency capital calculated with the internal model covering the risks of all legal entities in Munich Re (Group) on the basis of consolidated accounts  Solo solvency

Internal asset manager MEAG adding value through tactical deviations from the given benchmark portfolio Well-diversified investment portfolio reflecting strategic

• The ratings reflect our view of the group's strong business risk profile and very strong financial risk profile, built on a strong competitive position and very strong capital

Strong position in an attractive market Introduction Operating in a growth market Focus on attractive applications Winning market share Leading position in the D-A-CH

Medium-sized to large business customers have different sets of banking needs, and Fiserv has the solutions to help you deliver on these basic business needs so you can attract

Keywords: Almost sure limit theorem, multiindex, random field, α-mixing random field, strong law of large numbers.. MSC:

Business model, market position & USP‘s Entity Market Position USP Business Model Strong local content Leading hotel rating and booking portal for package holidays in GER