Eureko talks cash injection with shareholders

Insurance group Eureko is in talks with its biggest shareholders Rabobank and Achmea about a capital injection, the company confirmed on Friday.

Eureko, the biggest insurance supplier in the Netherlands, was responding to a report in Friday’s Financieele Dagblad.
ING, SNS Reaal and Aegon have all been given cash help by the government, while Fortis and ABN Amro Nederland have been nationalised.
‘We need extra capital but we are not in a hurry,’ a spokesman told news agency AFN. ‘Eureko’s solvency ratio easily meets the Dutch central bank’s demands,’ he said.
FD sources reported that Eureko was looking for around €1bn to cover investment losses and shore up its credit rating. The group is best known for its Zilveren Kruis and Interpolis brands.

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