The World Health Organisation knows financial difficulties. The voluntary contributions from member states are dropping. This year, a 300 million USD deficit is to be expected. Consequences of this are a cut in the bi-annual budget for 2012-2013 of 1 billion USD and 300 workers will lose their jobs in Geneva.
Ageas UK announced a non life profit before tax of 3.9 million pounds for the first quarter. Generali’s talks of a joint venture in Russia with VTB are well on their way. This is part of Generali’s plans for expansion in Central and Eastern Europe as well as other emerging markets.

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