Magazine date:
Feb 2009 In order to mop up the 1.3 billion EUR (2 billion USD) assets' depreciation, reported in the first half of 2008, Eureko, Holland's first insurer is leaning on its main stakeholders to tackle one of the most difficult financial situation. The company would require at least 1 billion EUR (1.4 billion USD) to offset its losses. A capital increase will allow the company to maintain its “A+” rating granted by Standard & Poor's.