<?xml version="1.0" encoding="UTF-8" ?>
			<?xml-stylesheet href="/rss/rss2html.xsl" type="text/xsl" media="screen"?>
			<rss version="2.0" xmlns:alacra="http://www.alacra.com" xmlns:ccbn="http://www.alacra.com/ccbn" xmlns:cs="http://www.alacra.com/cs" xmlns:sdc="http://www.alacra.com/sdc" xmlns:spcred="http://www.alacra.com/spcred" xmlns:moodys="http://www.alacra.com/moodys" xmlns:fitch="http://www.alacra.com/fitch" ><channel><title>Muenchener Rueckversicherungs Gesellschaft AG RSS Research Feed - Subscribe Today - AlacraStore.com</title>
<description>Muenchener Rueckversicherungs Gesellschaft AG</description>
<link>http://www.alacrastore.com/company-snapshot/Muenchener_Rueckversicherungs_Gesellschaft_AG-500243</link>
<lastBuildDate>28 Nov 2009 09:37:22 EST</lastBuildDate>
<alacra:xlsid>500243</alacra:xlsid>
<alacra:company>Muenchener Rueckversicherungs Gesellschaft AG</alacra:company>
<language>en</language>
<generator>AlacraStore RSS Builder 1.0</generator>
<ttl>30</ttl>
<item><title>Munich Re acquires a minority stake in Ergo Versicherungsgruppe AG (pending)</title><description>AUSTRIA - Muenchener Rueckversicherungs Gesellschaft AG planned to acquire #% stake in Ergo Versicherungsgruppe AG, a Vienna-based, insurance company, for a total value of EUR ### mil (USD ### mil) in a privately negotiated transaction with Unicredit SpA.</description><pubDate>26 Nov 2009 07:59:51 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">62475Q</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">29488E</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">62475Q</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">62475Q</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Muenchener Ruckversicherungs- Gesellschaft AG{Munich Re}</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Ergo Versicherungsgruppe AG</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Muenchener Ruckversicherungs- Gesellschaft AG{Munich Re}</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Muenchener Ruckversicherungs- Gesellschaft AG{Munich Re}</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Munich_Re_acquires_a_minority_stake_in_Ergo_Versicherungsgruppe_AG-2131315040</link><guid isPermaLink="false">sdc/2131315040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2131315040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>Frankfurt</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Insurance</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>Germany</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Fire, marine, and casualty insurance</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>6331</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Public</sdc:value></sdc:a_STATUS><sdc:a_TICKER><sdc:value>MUV2</sdc:value></sdc:a_TICKER><sdc:asic_SIC><sdc:value sdc:p="0">6311:Life insurance</sdc:value><sdc:value sdc:p="1">6321:Accidental and health insurance</sdc:value><sdc:value sdc:p="2">6331:Fire, marine, and casualty insurance</sdc:value><sdc:value sdc:p="3">6351:Surety insurance</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">6311:Life insurance</sdc:value><sdc:value sdc:p="1">6321:Accidental and health insurance</sdc:value><sdc:value sdc:p="2">6331:Fire, marine, and casualty insurance</sdc:value><sdc:value sdc:p="3">6351:Surety insurance</sdc:value></sdc:aupsic_SIC><sdc:b_EXCHANGE><sdc:value>Xetra</sdc:value></sdc:b_EXCHANGE><sdc:b_MAINDUSTRY><sdc:value>Insurance</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>Germany</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Life insurance</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>6311</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Public</sdc:value></sdc:b_STATUS><sdc:b_TICKER><sdc:value>EVG2</sdc:value></sdc:b_TICKER><sdc:c_ACIDGEN><sdc:value>127708001</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Pvd ins,reinsurance svcs</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Pvd ins,reinsurance svcs</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value>Not Applicable</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Stock</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>183215002</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Nov 26 2009</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>58.31700</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>1877.53400</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>4402.48900</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.97300</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.28500</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>1090.31200</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>1.38400</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>104.71100</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>484.69200</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>27470.57500</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>172356.51600</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ACURR_CODE><sdc:value>EUR</sdc:value></sdc:fiscal_ACURR_CODE><sdc:fiscal_ADATEFIN><sdc:value>30 Sep 09</sdc:value></sdc:fiscal_ADATEFIN><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>2763.06200</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>67163.76300</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>310914.67400</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_CURRENCYLONG><sdc:value>EURO</sdc:value></sdc:fiscal_CURRENCYLONG><sdc:fiscal_DATEFIN><sdc:value>31 Dec 08</sdc:value></sdc:fiscal_DATEFIN><sdc:fiscal_FISCAL><sdc:value>31 Dec 08</sdc:value></sdc:fiscal_FISCAL><sdc:fiscal_FISCAL1><sdc:value>31 Dec 07</sdc:value></sdc:fiscal_FISCAL1><sdc:fiscal_FISCAL2><sdc:value>31 Dec 06</sdc:value></sdc:fiscal_FISCAL2><sdc:fiscal_FISCAL3><sdc:value>31 Dec 05</sdc:value></sdc:fiscal_FISCAL3><sdc:fiscal_FISCAL4><sdc:value>31 Dec 04</sdc:value></sdc:fiscal_FISCAL4><sdc:fiscal_RATE><sdc:value>1.39800</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Muenchener</sdc:value><sdc:value sdc:p="1">Ruckversicherungs-Gesellschaft</sdc:value><sdc:value sdc:p="2">AG {Munich Re}, located in</sdc:value><sdc:value sdc:p="3">Munich, Germany, provides</sdc:value><sdc:value sdc:p="4">insurance and reinsurance</sdc:value><sdc:value sdc:p="5">services, specializing in</sdc:value><sdc:value sdc:p="6">cover for large individual</sdc:value><sdc:value sdc:p="7">risks and catastrophe risks</sdc:value><sdc:value sdc:p="8">and providing support in</sdc:value><sdc:value sdc:p="9">markets for the handling and</sdc:value><sdc:value sdc:p="10">development of insurance</sdc:value><sdc:value sdc:p="11">business. It advises more than</sdc:value><sdc:value sdc:p="12">5,000 customers in 150</sdc:value><sdc:value sdc:p="13">countries. The company was</sdc:value><sdc:value sdc:p="14">founded in 1880.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Muenchener Ruckversicherungs-Gesellschaft AG {Munich Re},</sdc:value><sdc:value sdc:p="1">located in Munich, Germany, provides insurance and</sdc:value><sdc:value sdc:p="2">reinsurance services, specializing in cover for large</sdc:value><sdc:value sdc:p="3">individual risks and catastrophe risks and providing support</sdc:value><sdc:value sdc:p="4">in markets for the handling and development of insurance</sdc:value><sdc:value sdc:p="5">business. It advises more than 5,000 customers in 150</sdc:value><sdc:value sdc:p="6">countries. The company was founded in 1880.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Muenchener Ruckversicherungs-Gesellschaft AG {Munich Re}, located in Munich, Germany, provides insurance and reinsurance services, specializing in cover for large individual risks and catastrophe risks and providing support in markets for the handling and development of insurance business. It advises more than 5,000 customers in 150 countries. The company was founded in 1880.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Ergo Versicherungsgruppe AG,</sdc:value><sdc:value sdc:p="1">located in Dusseldorf,</sdc:value><sdc:value sdc:p="2">Germany, is an insurance</sdc:value><sdc:value sdc:p="3">company. It also provides</sdc:value><sdc:value sdc:p="4">financial services and is a</sdc:value><sdc:value sdc:p="5">holding company.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Ergo Versicherungsgruppe AG, located in Dusseldorf, Germany,</sdc:value><sdc:value sdc:p="1">is an insurance company. It also provides financial services</sdc:value><sdc:value sdc:p="2">and is a holding company.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Ergo Versicherungsgruppe AG, located in Dusseldorf, Germany, is an insurance company. It also provides financial services and is a holding company.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>N</sdc:value></sdc:i_CROSS1><sdc:i_CURRENCYLONG><sdc:value>EURO</sdc:value></sdc:i_CURRENCYLONG><sdc:i_DATEANN><sdc:value>25 Nov 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Wed, 25 Nov 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 11/25/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Acq. Part. Int.</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Friendly</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>350 EURO</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>350.00000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>350 EURO</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>350.00000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>0.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>0.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>0.00000</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>350 EURO</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>1.48700</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>315.21200</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>520.44600</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>520.44600</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPE><sdc:value>0.00000</sdc:value></sdc:j_MPE><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>0.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>1.59900</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.22200</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>-70.46600</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>1254.15900</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>4651.89500</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>-7.28100</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>5.81200</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>-70.43700</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>-21.98600</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">AUSTRIA - Muenchener</sdc:value><sdc:value sdc:p="1">Rueckversicherungs</sdc:value><sdc:value sdc:p="2">Gesellschaft AG planned to</sdc:value><sdc:value sdc:p="3">acquire 5% stake in Ergo</sdc:value><sdc:value sdc:p="4">Versicherungsgruppe AG, a</sdc:value><sdc:value sdc:p="5">Vienna-based, insurance</sdc:value><sdc:value sdc:p="6">company, for a total value of</sdc:value><sdc:value sdc:p="7">EUR 330 mil (USD 495 mil) in</sdc:value><sdc:value sdc:p="8">a privately negotiated</sdc:value><sdc:value sdc:p="9">transaction with Unicredit</sdc:value><sdc:value sdc:p="10">SpA.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>AUSTRIA - Muenchener Rueckversicherungs Gesellschaft AG planned to acquire 5% stake in Ergo Versicherungsgruppe AG, a Vienna-based, insurance company, for a total value of EUR 330 mil (USD 495 mil) in a privately negotiated transaction with Unicredit SpA.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">AUSTRIA - Muenchener Rueckversicherungs Gesellschaft AG planned to acquire 5% stake in</sdc:value><sdc:value sdc:p="1">Ergo Versicherungsgruppe AG, a Vienna-based, insurance company, for a total value of EUR</sdc:value><sdc:value sdc:p="2">330 mil (USD 495 mil) in a privately negotiated transaction with Unicredit SpA.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">AUSTRIA - Muenchener Rueckversicherungs Gesellschaft AG planned to acquire 5% stake in Ergo Versicherungsgruppe AG, a Vienna-based, insurance company, for a total value of EUR 330 mil (USD 495 mil) in</sdc:value><sdc:value sdc:p="1">a privately negotiated transaction with Unicredit SpA.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">AUSTRIA - Muenchener Rueckversicherungs Gesellschaft AG planned to acquire 5% stake in Ergo Versicherungsgruppe AG, a Vienna-based,</sdc:value><sdc:value sdc:p="1">insurance company, for a total value of EUR 330 mil (USD 495 mil) in a privately negotiated transaction with Unicredit SpA.</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Pending</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>19304.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>1888.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>45893.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>212448.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>41.71400</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>3149.10000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>779.90000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.99000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>9.78000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>11.35000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>10.03000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>0.99000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>3327.50000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>3327.50000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>4552.80000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>3870.60000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>3092.20000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>2654.50000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>74.90000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>738.40000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>857.00000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>757.50000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>202.20000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>74.90000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>346.70000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>1040.10000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>1074.30000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>1043.60000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>325.40000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>346.70000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>19649.70000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>20905.80000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>20351.50000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>20422.50000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>19069.10000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>19649.70000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>123286.60000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>123286.60000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>119014.70000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>115972.20000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>114598.10000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>108987.70000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Pending</sdc:value></sdc:q_STATUS><sdc:r_CURR_CODE><sdc:value>EUR</sdc:value></sdc:r_CURR_CODE><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.01800</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>-43.19100</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>1.59800</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>2.37800</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>-1.73900</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>0.75300</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>4402.48900</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>3.10500</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>3.13000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value sdc:p="0">6282:Investment advice</sdc:value><sdc:value sdc:p="1">6289:Security and commodity services, nec</sdc:value><sdc:value sdc:p="2">6311:Life insurance</sdc:value><sdc:value sdc:p="3">6321:Accidental and health insurance</sdc:value><sdc:value sdc:p="4">6331:Fire, marine, and casualty insurance</sdc:value><sdc:value sdc:p="5">6351:Surety insurance</sdc:value><sdc:value sdc:p="6">6719:Offices of holding companies, nec</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>127708001</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_EXCHANGE><sdc:value>Frankfurt</sdc:value></sdc:upa1_EXCHANGE><sdc:upa1_NATION><sdc:value>Germany</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>6331</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Foreign</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Public</sdc:value></sdc:upa1_STATUS><sdc:upa1_TICKER><sdc:value>MUV2</sdc:value></sdc:upa1_TICKER><sdc:upsic_SIC><sdc:value sdc:p="0">6311:Life insurance</sdc:value><sdc:value sdc:p="1">6321:Accidental and health insurance</sdc:value><sdc:value sdc:p="2">6331:Fire, marine, and casualty insurance</sdc:value><sdc:value sdc:p="3">6351:Surety insurance</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>127708001</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_EXCHANGE><sdc:value>Frankfurt</sdc:value></sdc:upt1_EXCHANGE><sdc:upt1_NATION><sdc:value>Germany</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>6331</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>Foreign</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Public</sdc:value></sdc:upt1_STATUS><sdc:upt1_TICKER><sdc:value>MUV2</sdc:value></sdc:upt1_TICKER><sdc:x_RANK1_VALUE><sdc:value>520.44600</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>350.00000</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>520.44600</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>315.21200</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>TF Mergers &amp; Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Munich_Re_Solid_3Q09_Result-90948</link><cs:docid xmlns:cs="http://www.alacra.com/cs">90948</cs:docid><guid isPermaLink="false">cs/90948</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">WWTemplate</cs:DS><cs:analyst xmlns:cs="http://www.alacra.com/cs">nkwofie</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">munich_re</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">munich_re</cs:companyFocus><cs:country xmlns:cs="http://www.alacra.com/cs">germany</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">germany</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">90948</cs:csid><pubDate>09 Nov 2009 11:52:03 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">90948</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">insurance</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">insurance</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>Munich Re: Solid 3Q09 Result</title><cs:type xmlns:cs="http://www.alacra.com/cs">WorthWatching</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Worth Watching</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">369</cs:wcnum><description> Munich Re: Solid #Q## Result Munich ReÂ reported a strong #M## net attributable profit result of â‚¬#.# billion, up ##% from #M## onÂ higher netÂ premium and net investment income. Net attributable profit for #Q## was also an improvement...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Euro_Financial_Movers_In_The_Coco_Channel-91054</link><cs:docid xmlns:cs="http://www.alacra.com/cs">91054</cs:docid><guid isPermaLink="false">cs/91054</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">The crisis fall-out continued last week: RBS and Lloyds agreed to restructuring and capital raising plans, bank and insurance earnings showed both optimism and fragility, and new accounting rules for loan losses were proposed.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">jraymond</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">sadamson</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">aegon</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">bank_of_ireland</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">danske_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">generali</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">hannover_re</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">lloyds_tsb</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">munich_re</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">royal_bank_of_scotland</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">societe_generale</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">swiss_reinsurance</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">ubs</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">zurich_financial</cs:company><cs:companyMention xmlns:cs="http://www.alacra.com/cs">aegon</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">bank_of_ireland</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">danske_bank</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">generali</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">hannover_re</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">lloyds_tsb</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">munich_re</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">royal_bank_of_scotland</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">societe_generale</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">swiss_reinsurance</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">ubs</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">zurich_financial</cs:companyMention><cs:csid xmlns:cs="http://www.alacra.com/cs">91054</cs:csid><pubDate>09 Nov 2009 11:52:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">91054</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionFocus xmlns:cs="http://www.alacra.com/cs">europe</cs:regionFocus><cs:sector xmlns:cs="http://www.alacra.com/cs">banks</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">insurance</cs:sector><cs:sectorFocus xmlns:cs="http://www.alacra.com/cs">banks</cs:sectorFocus><cs:sectorFocus xmlns:cs="http://www.alacra.com/cs">insurance</cs:sectorFocus><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><title>Euro Financial Movers: In The Coco Channel</title><cs:type xmlns:cs="http://www.alacra.com/cs">euroFinancialMovers</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Euro Financial Movers</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1657</cs:wcnum><description> Euro Financial Movers: In The Coco Channel The week was dominated by the long-awaited restructuring plans announced by RBS and Lloyds, with the latter eliciting the more positive reaction 
While the equity market weighs the implications...</description><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aareal_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aareal_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">abn_amro</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">abn_amro</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ace_limited</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ace_limited</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aegon</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aegon</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aetna</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aetna</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">affiliated_managers</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">affiliated_managers</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aflac</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aflac</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aig</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aig</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">alliance_leicester</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">alliance_leicester</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">alliancebernstein</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">alliancebernstein</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">allianz</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">allianz</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">allied_irish</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">allied_irish</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">allstate</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">allstate</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ambac</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ambac</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">american_express</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">american_express</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">american_general_finance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">american_general_finance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">american_national_insurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">american_national_insurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ameriprise_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ameriprise_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">amerus</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">amerus</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">amvescap</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">amvescap</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">anglo_irish_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">anglo_irish_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">anz</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">anz</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aon</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aon</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">arch_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">arch_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">associated_banc</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">associated_banc</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">assurant</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">assurant</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">assured_guaranty</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">assured_guaranty</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">astoria_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">astoria_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aviva</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aviva</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">axa</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">axa</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_italease</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_italease</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_lombarda</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_lombarda</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_monte_dei_paschi_di_siena</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_monte_dei_paschi_di_siena</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_popolare_di_milano</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_popolare_di_milano</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_popolare_italiana</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_popolare_italiana</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bancaja</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bancaja</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banche_popolari_unite</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banche_popolari_unite</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_bilbao_vizcaya_argentaria</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_bilbao_vizcaya_argentaria</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_bradesco</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_bradesco</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_comercial_portugues</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_comercial_portugues</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_de_chile</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_de_chile</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_de_sabadell_sa</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_de_sabadell_sa</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_espirito_santo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_espirito_santo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_itau</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_itau</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_popolare</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_popolare</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_popular_espanol</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_popular_espanol</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_santander_central_hispano</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_santander_central_hispano</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bangkok_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bangkok_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_america</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_america</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_china</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_china</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_communications</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_communications</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_east_asia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_east_asia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_ireland</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_ireland</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_montreal</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_montreal</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_new_york_mellon</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_new_york_mellon</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_nova_scotia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_nova_scotia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bankgesellschaft_berlin</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bankgesellschaft_berlin</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">barclays</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">barclays</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bawag</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bawag</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bayerische_landesbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bayerische_landesbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bbt</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bbt</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">berkshire_hathaway</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">berkshire_hathaway</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">blackrock</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">blackrock</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bnp_paribas</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bnp_paribas</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bradford_bingley</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bradford_bingley</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">caja_madrid</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">caja_madrid</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">capital_one</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">capital_one</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">capitalia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">capitalia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ce_generation</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ce_generation</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">channel_reinsurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">channel_reinsurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">charles_schwab</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">charles_schwab</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">china_citic</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">china_citic</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">china_construction_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">china_construction_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">china_international_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">china_international_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">chubb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">chubb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cibc</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cibc</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cigna</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cigna</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cincinnati_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cincinnati_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cit</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cit</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">citigroup</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">citigroup</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cna_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cna_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">comerica</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">comerica</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">commonwealth_bank_of_australia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">commonwealth_bank_of_australia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">corealcredit_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">corealcredit_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">credit_agricole</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">credit_agricole</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">credit_suisse</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">credit_suisse</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">daiwa_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">daiwa_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">danske_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">danske_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">depfa_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">depfa_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">deutsche_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">deutsche_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">dexia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">dexia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">dnb_nor</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">dnb_nor</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">downey_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">downey_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">dz_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">dz_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">eaton_vance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">eaton_vance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">efg_eurobank_ergasias</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">efg_eurobank_ergasias</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">egg_plc</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">egg_plc</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">entenial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">entenial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">erste_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">erste_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">etrade</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">etrade</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">eureko</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">eureko</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">eurohypo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">eurohypo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">everest_reinsurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">everest_reinsurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fairfax_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fairfax_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fdic</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fdic</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">federated_investors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">federated_investors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fgic</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fgic</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fifth_third_bancorp</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fifth_third_bancorp</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">first_horizon_national</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">first_horizon_national</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fortis</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fortis</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">franklin_resources</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">franklin_resources</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">gamco_investors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">gamco_investors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">general_electric</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">general_electric</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">general_electric_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">general_electric_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">general_motors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">general_motors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">general_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">general_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">generali</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">generali</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">genworth_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">genworth_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">glitnir_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">glitnir_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">gmac</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">gmac</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">goldman_sachs</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">goldman_sachs</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hannover_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hannover_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">harleysville</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">harleysville</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hartford_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hartford_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hbos</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hbos</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hcc_industries</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hcc_industries</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">home_depot</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">home_depot</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">household_international</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">household_international</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hsbc_finance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hsbc_finance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hsbc_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hsbc_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hsh_nordbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hsh_nordbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">humana</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">humana</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">huntington_bancshares</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">huntington_bancshares</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hvb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hvb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hypo_alpe_adria_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hypo_alpe_adria_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hypo_real_estate_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hypo_real_estate_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">iasis_healthcare</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">iasis_healthcare</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ici_1</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ici_1</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ikb_deutsche_industriebank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ikb_deutsche_industriebank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">industrial_and_commercial_bank_of_china</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">industrial_and_commercial_bank_of_china</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ing</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ing</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">international_lease_finance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">international_lease_finance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">intesa_sanpaolo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">intesa_sanpaolo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">irwin</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">irwin</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">jackson_national_life_insurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">jackson_national_life_insurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">janus_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">janus_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">john_hancock_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">john_hancock_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">jpmorgan_chase</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">jpmorgan_chase</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">jyske_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">jyske_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">kaupthing_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">kaupthing_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">kbc_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">kbc_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">keycorp</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">keycorp</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">kookmin_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">kookmin_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">la_caixa</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">la_caixa</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landesbank_baden_wuerttemberg</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landesbank_baden_wuerttemberg</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landesbank_berlin</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landesbank_berlin</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landesbank_sachsen</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landesbank_sachsen</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landsbanki</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landsbanki</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">legg_mason</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">legg_mason</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">lehman_brothers</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">lehman_brothers</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">liberty_mutual</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">liberty_mutual</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">lincoln_national</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">lincoln_national</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">lloyds_tsb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">lloyds_tsb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">malayan_bank_berhad</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">malayan_bank_berhad</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">marsh_mclennan</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">marsh_mclennan</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">marshall_ilsley</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">marshall_ilsley</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mbia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mbia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">metlife</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">metlife</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mgic_investment</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mgic_investment</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">midamerican_energy_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">midamerican_energy_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">midamerican_funding</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">midamerican_funding</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">millea_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">millea_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mitsubishi_ufj_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mitsubishi_ufj_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mitsui_sumitomo_insurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mitsui_sumitomo_insurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mizuho_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mizuho_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">montpelier_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">montpelier_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">morgan_stanley</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">morgan_stanley</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mt_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mt_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">munich_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">munich_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">national_australia_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">national_australia_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">national_bank_of_greece</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">national_bank_of_greece</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nationwide_building_society</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nationwide_building_society</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nationwide_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nationwide_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">natixis</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">natixis</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">navigators</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">navigators</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">new_century_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">new_century_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">new_york_community</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">new_york_community</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">new_york_life_insurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">new_york_life_insurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nibc_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nibc_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nomura_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nomura_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">norddeutsche_landesbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">norddeutsche_landesbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nordea</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nordea</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">northern_rock</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">northern_rock</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">northern_trust</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">northern_trust</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nuveen_investments</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nuveen_investments</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nymex_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nymex_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">occ</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">occ</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">odyssey_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">odyssey_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">oko_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">oko_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">omega_healthcare_investors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">omega_healthcare_investors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">otp_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">otp_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">oversea_chinese_banking</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">oversea_chinese_banking</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">parmalat</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">parmalat</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">phoenix_companies</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">phoenix_companies</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">pmi</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">pmi</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">pnc_financial_services</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">pnc_financial_services</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">popular</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">popular</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">principal_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">principal_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">progressive</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">progressive</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">protective_life</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">protective_life</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">prudential_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">prudential_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">rabobank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">rabobank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">radian</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">radian</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">regions_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">regions_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">reinsurance_of_america</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">reinsurance_of_america</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">renaissancere</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">renaissancere</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">residential_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">residential_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">resona_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">resona_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">rheinland_pfalz_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">rheinland_pfalz_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">royal_bank_of_canada</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">royal_bank_of_canada</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">royal_bank_of_scotland</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">royal_bank_of_scotland</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">royal_sun_alliance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">royal_sun_alliance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">rzb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">rzb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">safeco</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">safeco</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">salton_sea</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">salton_sea</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">scor</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">scor</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">scotia_pacific</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">scotia_pacific</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">scottish_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">scottish_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">seb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">seb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">shinhan_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">shinhan_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">shinsei_bank_limited</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">shinsei_bank_limited</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">sivb_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">sivb_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">slm</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">slm</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">sns_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">sns_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">societe_generale</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">societe_generale</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">standard_chartered</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">standard_chartered</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">standard_life</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">standard_life</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">state_bank_of_india</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">state_bank_of_india</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">state_farm</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">state_farm</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">state_street</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">state_street</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">sumitomo_mitsui_banking</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">sumitomo_mitsui_banking</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">suntrust_banks</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">suntrust_banks</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">svenska_handelsbanken</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">svenska_handelsbanken</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">swedbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">swedbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">swiss_reinsurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">swiss_reinsurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">symetra_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">symetra_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">syncora_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">syncora_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">t_rowe_price</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">t_rowe_price</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">td_ameritrade</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">td_ameritrade</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">toronto_dominion</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">toronto_dominion</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">travelers_companies</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">travelers_companies</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ubs</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ubs</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unicredit</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unicredit</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unionbancal</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unionbancal</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unipol</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unipol</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">united_overseas_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">united_overseas_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unitedhealth</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unitedhealth</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unum</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unum</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">us_bancorp</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">us_bancorp</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">waddell_reed</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">waddell_reed</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">washington_mutual</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">washington_mutual</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">wellpoint</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">wellpoint</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">wells_fargo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">wells_fargo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">westlb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">westlb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">westpac</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">westpac</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">white_mountains</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">white_mountains</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">willis</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">willis</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">woori_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">woori_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">xl_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">xl_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">zions_bancorporation</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">zions_bancorporation</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">zurich_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">zurich_financial</cs:index_entry_companySector><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2531076</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2531076</ccbn:docid><guid isPermaLink="false">ccbn/T2531076</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>05 Nov 2009 06:09:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2531076</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of MUV2.F earnings conference call or presentation, 5-Nov-09 2:30pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Munich Re Group AG</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Munich Re Group AG Q3 2009 Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">MUV2.F</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">2:30pm CET</ccbn:time><title>Munich Re Group AG Q3 2009 Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Christian Becker-Hussong Munich Re Group AG - Chief of Investor Relations Joerg Schneider Munich Re Group AG - CFO...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Munich_Re_Recommendation_Up_to_Market_Perform-81805</link><cs:docid xmlns:cs="http://www.alacra.com/cs">81805</cs:docid><guid isPermaLink="false">cs/81805</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">WWTemplate</cs:DS><cs:company xmlns:cs="http://www.alacra.com/cs">munich_re</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">munich_re</cs:companyFocus><cs:country xmlns:cs="http://www.alacra.com/cs">de</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">de</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">81805</cs:csid><pubDate>09 Oct 2009 10:09:33 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">81805</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">insurance</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">insurance</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">cds_relative_value_tracker</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">cds_relative_value_tracker</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>Munich Re: Recommendation Up to Market Perform</title><cs:type xmlns:cs="http://www.alacra.com/cs">WorthWatching</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Worth Watching</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">89</cs:wcnum><description> Munich Re: Recommendation Up to Market Perform Munich ReÂ has changed from anÂ Underperform recommendation toÂ Market PerformÂ in our CDS Tracker, based on five-year subordinated CDS. For the full details and rationale, please see Euro...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/CMT_0000509316</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">CMT_0000509316</moodys:docid><guid isPermaLink="false">moodys/CMT_0000509316</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>02 Oct 2009 04:34:00 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Munich Reinsurance Company</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Munich Reinsurance Company</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600044381</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">01 Oct 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Issuer Comment</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Moody's Says Munich Re's Ratings Unaffected by Resumption of Share Buy-Back Programme</title><description>Global Credit Research Issuer Comment # OCT ####   Issuer Comment: Munich Reinsurance Company Moody's Says Munich Re's Ratings Unaffected by Resumption of Share Buy-Back Programme Moody's has said today that Munich Re's ratings (Aa#...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Munich_Re_Share_Buyback_Relaunch-89403</link><cs:docid xmlns:cs="http://www.alacra.com/cs">89403</cs:docid><guid isPermaLink="false">cs/89403</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">WWTemplate</cs:DS><cs:analyst xmlns:cs="http://www.alacra.com/cs">nkwofie</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">munich_re</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">munich_re</cs:companyFocus><cs:country xmlns:cs="http://www.alacra.com/cs">de</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">de</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">89403</cs:csid><pubDate>01 Oct 2009 11:09:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">89403</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:regionMention xmlns:cs="http://www.alacra.com/cs">europe</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">insurance</cs:sector><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sectorMention><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">insurance</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>Munich Re: Share Buyback Relaunch</title><description> Munich Re: Share Buyback Relaunch Munich ReÂ has announced that it plans to resume its existing share buyback programme and repurchase sharesÂ for a value of up to â‚¬#.# billion by ####. As part of the "Changing Gear" strategic growth...</description><cs:type xmlns:cs="http://www.alacra.com/cs">WorthWatching</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Worth Watching</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">229</cs:wcnum><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PBC_120106</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PBC_120106</moodys:docid><guid isPermaLink="false">moodys/PBC_120106</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">pdf</moodys:index_mode><pubDate>18 Sep 2009 12:23:47 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">pdf</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Munich Reinsurance Company</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Munich Reinsurance Company</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600044381</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">300.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">17 Sep 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">Analysis</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Analysis</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Munich Reinsurance Company</title><description>...Moody's Aa# insurance financial strength rating (IFSR) of Munich Re is supported by its excellent business franchise with an extremely strong market position in global reinsurance, strong business diversification and capital adequacy, excellent asset quality, together with conservative management practices. The strengths are off-set somewhat by a profitability record that to-date has been inconsistent with its rating level, the inherent volatility of its catastrophe exposed business, and by the challenge of reserve estimation in certain long-tail lines of business. Munich Re's ratings were affirmed with a stable outlook on # July ####. Group Overview...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><title>Schibsted ASA acquires Resdagboken.se from Munich Re</title><description>SWEDEN - Schibsted ASA acquired Resedagboken.se, a Sweden-based internet service provider, from Europeiska Forsakrings AB.</description><pubDate>05 Sep 2009 07:46:42 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">80665C</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">76347J</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">80665C</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">62475Q</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Schibsted ASA</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Resdagboken.se</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Schibsted ASA</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Muenchener Ruckversicherungs- Gesellschaft AG{Munich Re}</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Schibsted_ASA_acquires_Resdagboken_se_from_Munich_Re-2105356040</link><guid isPermaLink="false">sdc/2105356040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2105356040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>Oslo</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Printing, Publishing, and Allied Services</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>Norway</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Newspapers: publishing, or publishing &amp; printing</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>2711</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Public</sdc:value></sdc:a_STATUS><sdc:a_TICKER><sdc:value>SCH</sdc:value></sdc:a_TICKER><sdc:asic_SIC><sdc:value sdc:p="0">2711:Newspapers: publishing, or publishing &amp; printing</sdc:value><sdc:value sdc:p="1">2721:Periodicals: publishing, or publishing &amp; printing</sdc:value><sdc:value sdc:p="2">2731:Books: publishing, or publishing &amp; printing</sdc:value><sdc:value sdc:p="3">4833:Television broadcasting stations</sdc:value><sdc:value sdc:p="4">5961:Catalog and mail-order houses</sdc:value><sdc:value sdc:p="5">6719:Offices of holding companies, nec</sdc:value><sdc:value sdc:p="6">7375:Information retrieval services</sdc:value><sdc:value sdc:p="7">7812:Motion picture and video tape production</sdc:value><sdc:value sdc:p="8">7819:Services allied to motion picture production</sdc:value><sdc:value sdc:p="9">7822:Motion picture and video tape distribution</sdc:value><sdc:value sdc:p="10">7829:Services allied to motion picture distribution</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">2711:Newspapers: publishing, or publishing &amp; printing</sdc:value><sdc:value sdc:p="1">2721:Periodicals: publishing, or publishing &amp; printing</sdc:value><sdc:value sdc:p="2">2731:Books: publishing, or publishing &amp; printing</sdc:value><sdc:value sdc:p="3">4833:Television broadcasting stations</sdc:value><sdc:value sdc:p="4">5961:Catalog and mail-order houses</sdc:value><sdc:value sdc:p="5">6719:Offices of holding companies, nec</sdc:value><sdc:value sdc:p="6">7375:Information retrieval services</sdc:value><sdc:value sdc:p="7">7812:Motion picture and video tape production</sdc:value><sdc:value sdc:p="8">7819:Services allied to motion picture production</sdc:value><sdc:value sdc:p="9">7822:Motion picture and video tape distribution</sdc:value><sdc:value sdc:p="10">7829:Services allied to motion picture distribution</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Business Services</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>Sweden</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Information retrieval services</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>7375</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>199326001</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Publishing co</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Pvd ins,reinsurance svcs</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value>Unspecified</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Assets</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1102856001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Sep 5 2009</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value><sdc:value sdc:p="18">19.00000</sdc:value><sdc:value sdc:p="19">20.00000</sdc:value><sdc:value sdc:p="20">21.00000</sdc:value><sdc:value sdc:p="21">22.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Schibsted ASA, based in Oslo,</sdc:value><sdc:value sdc:p="1">Norway, is a publishing</sdc:value><sdc:value sdc:p="2">company with activities in</sdc:value><sdc:value sdc:p="3">newspapers and publishing,</sdc:value><sdc:value sdc:p="4">television channels,</sdc:value><sdc:value sdc:p="5">television production,</sdc:value><sdc:value sdc:p="6">distribution of film rights</sdc:value><sdc:value sdc:p="7">and providing content on the</sdc:value><sdc:value sdc:p="8">Internet. Its well known</sdc:value><sdc:value sdc:p="9">brands include Aftenpoften, VG</sdc:value><sdc:value sdc:p="10">Nett, VG Mobil, VG TV, Aspiro,</sdc:value><sdc:value sdc:p="11">E2!, Dagens Medising, Maison</sdc:value><sdc:value sdc:p="12">Interior Design, Tique,</sdc:value><sdc:value sdc:p="13">Scanpix, basefarm, SvD, sesam,</sdc:value><sdc:value sdc:p="14">and Jobb24 with operations in</sdc:value><sdc:value sdc:p="15">countries such as Sweden,</sdc:value><sdc:value sdc:p="16">Denmark, Finland, the Baltic</sdc:value><sdc:value sdc:p="17">region, Spain, France,</sdc:value><sdc:value sdc:p="18">Austria, Italy, Slovenia,</sdc:value><sdc:value sdc:p="19">Switzerland, Russia, Singapore</sdc:value><sdc:value sdc:p="20">and Latin America. The company</sdc:value><sdc:value sdc:p="21">was founded in 1839.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Schibsted ASA, based in Oslo, Norway, is a publishing</sdc:value><sdc:value sdc:p="1">company with activities in newspapers and publishing,</sdc:value><sdc:value sdc:p="2">television channels, television production, distribution of</sdc:value><sdc:value sdc:p="3">film rights and providing content on the Internet. Its well</sdc:value><sdc:value sdc:p="4">known brands include Aftenpoften, VG Nett, VG Mobil, VG TV,</sdc:value><sdc:value sdc:p="5">Aspiro, E2!, Dagens Medising, Maison Interior Design, Tique,</sdc:value><sdc:value sdc:p="6">Scanpix, basefarm, SvD, sesam, and Jobb24 with operations in</sdc:value><sdc:value sdc:p="7">countries such as Sweden, Denmark, Finland, the Baltic</sdc:value><sdc:value sdc:p="8">region, Spain, France, Austria, Italy, Slovenia,</sdc:value><sdc:value sdc:p="9">Switzerland, Russia, Singapore and Latin America. The</sdc:value><sdc:value sdc:p="10">company was founded in 1839.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Schibsted ASA, based in Oslo, Norway, is a publishing company with activities in newspapers and publishing, television channels, television production, distribution of film rights and providing content on the Internet. Its well known brands include Aftenpoften, VG Nett, VG Mobil, VG TV, Aspiro, E2!, Dagens Medising, Maison Interior Design, Tique, Scanpix, basefarm, SvD, sesam, and Jobb24 with operations in countries such as Sweden, Denmark, Finland, the Baltic region, Spain, France, Austria, Italy, Slovenia, Switzerland, Russia, Singapore and Latin America. The company was founded in 1839.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Resdagboken.se is an Internet</sdc:value><sdc:value sdc:p="1">service provider{ISP}, located</sdc:value><sdc:value sdc:p="2">in Sweden. It provides free</sdc:value><sdc:value sdc:p="3">web service for travelers. Its</sdc:value><sdc:value sdc:p="4">features include: online</sdc:value><sdc:value sdc:p="5">journal, photo album, and</sdc:value><sdc:value sdc:p="6">phonebook.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Resdagboken.se is an Internet service provider{ISP}, located</sdc:value><sdc:value sdc:p="1">in Sweden. It provides free web service for travelers. Its</sdc:value><sdc:value sdc:p="2">features include: online journal, photo album, and</sdc:value><sdc:value sdc:p="3">phonebook.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Resdagboken.se is an Internet service provider{ISP}, located in Sweden. It provides free web service for travelers. Its features include: online journal, photo album, and phonebook.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_DATEANN><sdc:value>01 Sep 09</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Tue, 01 Sep 2009 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 09/01/2009</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFF><sdc:value>01 Sep 09</sdc:value></sdc:i_DATEEFF><sdc:i_DATEEFFS><sdc:value>Date Effective: 09/01/2009</sdc:value></sdc:i_DATEEFFS><sdc:i_DATEUNCON><sdc:value>01 Sep 09</sdc:value></sdc:i_DATEUNCON><sdc:i_DESCR><sdc:value>Acq. of Assets</sdc:value></sdc:i_DESCR><sdc:i_DESCR1><sdc:value>Friendly</sdc:value></sdc:i_DESCR1><sdc:i_FEEPCT><sdc:value>0.00000</sdc:value></sdc:i_FEEPCT><sdc:i_FEETOT><sdc:value>0.00000</sdc:value></sdc:i_FEETOT><sdc:i_HOSTAFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTAFEETOT><sdc:i_HOSTENTVAL><sdc:value>0.00000</sdc:value></sdc:i_HOSTENTVAL><sdc:i_HOSTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTFEETOT><sdc:i_HOSTPR><sdc:value>0.00000</sdc:value></sdc:i_HOSTPR><sdc:i_HOSTPRLABEL><sdc:value>Price/Share</sdc:value></sdc:i_HOSTPRLABEL><sdc:i_HOSTTFEETOT><sdc:value>0.00000</sdc:value></sdc:i_HOSTTFEETOT><sdc:i_HOSTVALUE><sdc:value>0</sdc:value></sdc:i_HOSTVALUE><sdc:i_HOSTVALUE1><sdc:value>0.00000</sdc:value></sdc:i_HOSTVALUE1><sdc:i_HOST_EQVAL><sdc:value>0.00000</sdc:value></sdc:i_HOST_EQVAL><sdc:i_HOST_RANKVAL><sdc:value>0</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>0.00000</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>100.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>100.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>0.00000</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>0</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>0.00000</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>0.00000</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>0.00000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>0.00000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>0.00000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPE><sdc:value>0.00000</sdc:value></sdc:j_MPE><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>100.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">SWEDEN - Schibsted ASA</sdc:value><sdc:value sdc:p="1">acquired Resedagboken.se, a</sdc:value><sdc:value sdc:p="2">Sweden-based internet service</sdc:value><sdc:value sdc:p="3">provider, from Europeiska</sdc:value><sdc:value sdc:p="4">Forsakrings AB.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>SWEDEN - Schibsted ASA acquired Resedagboken.se, a Sweden-based internet service provider, from Europeiska Forsakrings AB.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">SWEDEN - Schibsted ASA acquired Resedagboken.se, a Sweden-based internet service provider,</sdc:value><sdc:value sdc:p="1">from Europeiska Forsakrings AB.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value>SWEDEN - Schibsted ASA acquired Resedagboken.se, a Sweden-based internet service provider, from Europeiska Forsakrings AB.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value>SWEDEN - Schibsted ASA acquired Resedagboken.se, a Sweden-based internet service provider, from Europeiska Forsakrings AB.</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Completed</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>0.00000</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>0.00000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Completed</sdc:value></sdc:q_STATUS><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>0.00000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value sdc:p="0">4813:Telephone communications, except radiotelephone</sdc:value><sdc:value sdc:p="1">7372:Prepackaged Software</sdc:value><sdc:value sdc:p="2">7375:Information retrieval services</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>199326001</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_EXCHANGE><sdc:value>Oslo</sdc:value></sdc:upa1_EXCHANGE><sdc:upa1_NATION><sdc:value>Norway</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>2711</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Foreign</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Public</sdc:value></sdc:upa1_STATUS><sdc:upa1_TICKER><sdc:value>SCH</sdc:value></sdc:upa1_TICKER><sdc:upsic_SIC><sdc:value sdc:p="0">6311:Life insurance</sdc:value><sdc:value sdc:p="1">6321:Accidental and health insurance</sdc:value><sdc:value sdc:p="2">6331:Fire, marine, and casualty insurance</sdc:value><sdc:value sdc:p="3">6351:Surety insurance</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>127708001</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_EXCHANGE><sdc:value>Frankfurt</sdc:value></sdc:upt1_EXCHANGE><sdc:upt1_NATION><sdc:value>Germany</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>6331</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>Foreign</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Public</sdc:value></sdc:upt1_STATUS><sdc:upt1_TICKER><sdc:value>MUV2</sdc:value></sdc:upt1_TICKER><sdc:x_RANK1_VALUE><sdc:value>0.00000</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>0.00000</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>0.00000</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>TF Mergers &amp; Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/research/s-and-p-credit-research-Munich_Re_Group-744932</link><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">744932</spcred:docid><guid isPermaLink="false">spcred/744932</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">pubfin</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><pubDate>04 Sep 2009 01:08:00 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">400</spcred:price><title>Munich Re Group</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:type><description>The latest Full Report from S&amp;P</description><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">Germany</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Reinsurance</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Asia</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Public Finance</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:index_entry_disptype><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">DEU</spcred:index_entry_primcountry><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">40301050 403010 4030 40</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Munich Reinsurance Co.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">118024</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">MUV2@GR</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">FULL</spcred:index_entry_reporttype><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">AUS</spcred:index_entry_seccountry><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">CAN</spcred:index_entry_seccountry><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">CHE</spcred:index_entry_seccountry><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">DEU</spcred:index_entry_seccountry><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">GBR</spcred:index_entry_seccountry><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">MLT</spcred:index_entry_seccountry><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_seccountry><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">02381#</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">029213</spcred:index_entry_seccusip><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">40301020 403010 4030 40</spcred:index_entry_secgics><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">40301030 403010 4030 40</spcred:index_entry_secgics><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">40301040 403010 4030 40</spcred:index_entry_secgics><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">40301050 403010 4030 40</spcred:index_entry_secgics><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">American Alternative Insurance Corp.</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">DKV Deutsche Krankenversicherung AG</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Great Lakes Reinsurance (U.K.) PLC</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Hamburg-Mannheimer Sachversicherungs-AG</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Hamburg-Mannheimer Versicherungs-AG</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Munich American Reassurance Co.</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Munich Re of Malta PLC</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Munich Reins America Inc.</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Munich Reinsurance Co. of Australasia Ltd.</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Munich Reinsurance Co. of Canada</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">New Reinsurance Co.</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Princeton Excess&amp;Surplus Lines Insurance Co.</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">VICTORIA Lebensversicherung AG</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">VICTORIA Versicherung  AG</spcred:index_entry_secissuer><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">110806</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">122762</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">123785</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">307724</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">313976</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">313996</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">314195</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">314488</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">316659</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">326110</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">326112</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">336644</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">349848</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">459302</spcred:index_entry_secissuerid><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">CAN</spcred:index_entry_secreg><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_secreg><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_secreg><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">PAC</spcred:index_entry_secreg><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_secreg><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">1466Z@AU</spcred:index_entry_secticker><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">15862Z</spcred:index_entry_secticker><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">1796Z@LN</spcred:index_entry_secticker><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">18127Z</spcred:index_entry_secticker><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">2399Z@GR</spcred:index_entry_secticker><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">2460Z@GB</spcred:index_entry_secticker><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">DKRNZ@GR</spcred:index_entry_secticker><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">HMVR@GR</spcred:index_entry_secticker><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">MUV2@GR</spcred:index_entry_secticker><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">VIV@GR</spcred:index_entry_secticker><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">ABS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CDO</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">INS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">PUBFIN</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/research/s-and-p-credit-research-Summary_Munich_Re_Group-744936</link><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">744936</spcred:docid><guid isPermaLink="false">spcred/744936</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><pubDate>04 Sep 2009 01:08:00 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Summary: Munich Re Group</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><description>The latest Summary from S&amp;P</description><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">Germany</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Reinsurance</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Asia</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Europe, Middle East, Africa</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">DEU</spcred:index_entry_primcountry><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">40301050 403010 4030 40</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Munich Reinsurance Co.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">118024</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">MUV2@GR</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">ABS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CDO</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">INS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/464250_report_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">464250_report_frame</fitch:docid><guid isPermaLink="false">fitch/464250_report_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">pdf</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Munich Re America Corporation Group</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Muenchener Rueckversicherungs Gesellschaft AG</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361292</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83632873</fitch:companyid><pubDate>02 Sep 2009 02:17:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010300</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010309</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">425</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Full Rating Report</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MUV2</fitch:ticker><title>Munich Reinsurance Company and Subsidiaries</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/506178_pr_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">506178_pr_frame</fitch:docid><guid isPermaLink="false">fitch/506178_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Investors Insurance Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">National Reinsurance Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Onebeacon Midwest Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Renaissance Reinsurance Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">XL Capital Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Ace Bermuda Insurance, Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Berkshire Hathaway Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">China Taiping Insurance Holdings Company Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Metlife Investors Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">XL Insurance (Bermuda) Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Indian Harbor Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Markel Insurance Company of Canada</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">The Camden Fire Insurance Association</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Midamerican Energy Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">White Mountains Insurance Group Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">National Liability &amp; Fire Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SCOR Reinsurance Co. (Asia) Ltd</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Northern Natural Gas Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">QBE Insurance Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Everest Security Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">MetLife Insurance Company of Connecticut</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Munich Re America Corporation Group</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">XL Insurance Company of New York, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">CIIH (BVI) Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">General Re Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Lombard Canada Group Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">XL Select Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Metlife Capital Trust III</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">XL Re Europe Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Combined Life Insurance Company of NY</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Max USA Holdings Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Crum &amp; Forster Indemnity Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Insurance Company of North America</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Pacific Life &amp; Annuity Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">General Reinsurance Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">OJSC Transsiberian Reinsurance</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SCOR Global P&amp;C Ireland Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Ace Property &amp; Casualty Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SCOR Reinsurance Company U.S.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Genesis Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Berkshire Hathaway Finance Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">AutoOne Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Century Reinsurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Mapfre SA</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Flagstone Reinsurance Holdings Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">XL Re Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SCOR Holding (Switzerland) Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">ACE Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SCOR Insurance (UK) Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">XL Specialty Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">National Fire &amp; Marine Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Max Re Europe Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">XL Insurance America, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Everest Indemnity Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Everest National Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">XL Reinsurance America Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SCOR Ruckversicherung (Deutschland) AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Xl Europe Ltd</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Brit Insurance Ltd</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Folksamerica Reinsurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Columbia Insurance Co (Inc)</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">United States Fire Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Bankers Standard Fire &amp; Marine</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Platinum Underwriters Holdings Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Pacific Life Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Everest Reinsurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Traders &amp; General Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Ce Electric Uk Funding Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">White Mountains Re Group</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">New England Life Insurance Co. (NEL)</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Max Insurance Europe Ltd</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">ERGO International AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fairfax Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Pacific Lifecorp</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">XTRA Finance Corp</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hiscox Insurance Company (Guernsey) Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Zenith Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Pacific Life Re Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Massachusetts Homeland Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Pacificorp</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Ace Tempest Reinsurance Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Scor S.E.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Partner Reinsurance Company Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Government Employees Insurance Company Inc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Ace Indemnity Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SCOR Global Life SE</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">General American Life Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">QBE Insurance Group Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Metlife Funding, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">BRIT Insurance Holdings plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Essentia Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Commerce West Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Commonwealth Insurance Company of America</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Platinum Underwriters Finance, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">QBE Hongkong &amp; Shanghai Insurance Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">General Security Indemnity Company of Arizona</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Platinum Underwriters Bermuda, Ltd</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Montpelier Reinsurance Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Genesis Indemnity Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hiscox Plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Max Specialty Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Taiping Reinsurance Co Ltd</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">ERGO Versicherungsgruppe AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Munich Reinsurance America, Inc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">QBE Insurance (International) Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">MetLife Capital Trust X</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Flagstone Finance S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Century Indemnity Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">QBE Reinsurance (Europe) Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Turkiye Genel Sigorta A.S</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Flagstone Reassurance Suisse S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">VICTORIA Lebensversicherung AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Pennsylvania General Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hiscox Insurance Co Ltd</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Muenchener Rueckversicherungs Gesellschaft AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">RGA Reinsurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">General Star National Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SCOR UK Company Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hiscox Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Reaseguradora Patria, S.A.B.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Odyssey Reinsurance Group</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Crum &amp; Forster Holdings Inc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">General Star Indemnity Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">QBE Lenders' Mortgage Insurance Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Arch Reinsurance Ltd</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SCOR Life US Reinsurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Greenwich Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Arch Capital Group Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">QBE Reinsurance Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">RenaissanceRe Holdings Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">ACE Insurance Co CJSC</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Ace INA Holdings Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Dkv Deutsche Krankenversicherung Ag</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Crum &amp; Forster Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Platinum Underwriters Reinsurance, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Pacific Life Global Funding</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Commonwealth Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fairfield Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Max Bermuda Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fairfax Financial Holdings Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">MidAmerican Energy Holdings Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">XL Insurance Switzerland</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">MetLife Capital Trust IV</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">RGA Capital Trust I</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">GEICO Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Northern Electric Finance Plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Onebeacon America Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">XL Capital Finance (Europe) Plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Yorkshire Electricity Group plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">CE Generation LLC.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hannover Finance (Luxembourg) S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">American Commerce Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Montpelier Re Holdings Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Citation Insurance Group</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hamburg-Mannheimer Versicherungs AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Onebeacon Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">The Commerce Group, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">National Indemnity Company of the South</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">QBE Insurance (Australia) Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">E+S Rueckversicherungs-AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">The North River Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">National Indemnity Group</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Everest Reinsurance Holdings, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">PartnerRe Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Combined Insurance Co. of America</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Metlife Chile Seguros de Vida S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Odyssey Re Holdings Corp.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Northern Electric Distribution Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Ace Capital Trust II</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Commerce Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Mapfre Garantias y Credito S.A., Compania de Seguros</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Bankers Standard Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Indemnity Insurance Company of North America</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hiscox Insurance Company (Bermuda) Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Metlife Investors Usa Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">The Society of Lloyds</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Max Capital Group Ltd</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Northern Electric plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Atlantic Specialty Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">AutoOne Select Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Lloyd's of London</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">York Insurance Co of Maine</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">QBE Insurance (Europe) Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Everest Reinsurance (Bermuda), Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Onebeacon Lloyd's of Texas</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">The Employers' Fire Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SCOR Reinsurance Asia-Pacific Pte Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">MetLife, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Illinois Union Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">The Northern Assurance Company of America</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">X L Insurance Co Ltd</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Federated Insurance Company of Canada</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Lombard Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Midamerican Funding, LLC</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Reinsurance Group of America, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hannover Reinsurance AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Yorkshire Power Group Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Metropolitan Life Insurance Company Inc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">XL Re Latin America Ltd</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SCOR Switzerland AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Lloyd's Reinsurance Company (China) Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Sirius International Insurance Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Homeland Insurance Company of New York</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Wesco-Financial Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Pacific Employers Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SCOR Reinsurance of Canada</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Kern River Funding Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Atlantic Employers Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Ace American Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Yorkshire Electricity Distribution Plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Pacific Life Funding, LLC</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Ace Fire Underwriters Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SCOR Global P&amp;C SE</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Westchester Surplus Lines Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Tai Ping Insurance Company Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Ace Insurance Company Midwest</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Yorkshire Power Finance Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">National Indemnity Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">XTRA LLC</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090726</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360392</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091217</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85665273</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81025659</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81929319</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090816</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80392574</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85447280</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">86754736</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091073</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85665281</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80464348</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82877926</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81986338</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090809</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090810</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80392571</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82141330</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">84226072</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488399</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361913</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83657865</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80940504</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360333</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80757978</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091656</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81301850</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80392586</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091654</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">87125988</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82567774</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80715586</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090813</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82319340</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091557</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81460855</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">86382828</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488381</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488337</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80940488</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091514</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85315077</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488396</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80545404</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090139</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090703</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81025656</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83632873</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80464359</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">84737072</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361983</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80940501</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85660073</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80464372</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80089770</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80956206</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81929328</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361281</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80715589</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360389</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091706</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090633</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090815</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80362376</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80757935</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">87125981</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091562</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091506</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80464314</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80757959</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">87151170</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82147539</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488421</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80680728</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090811</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090545</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80464357</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361292</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091169</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091657</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81266346</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81061328</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090754</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090140</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090818</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85214673</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091710</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091238</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090120</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091707</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360386</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80453579</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090119</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091653</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80715592</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80686603</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82557709</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80362393</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">87125970</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81075631</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090122</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090785</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091709</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488418</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090539</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091543</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">86040116</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">84982675</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80089517</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80464315</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361224</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090125</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488385</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090552</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81845561</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80623203</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80760203</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81301856</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">84737069</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80089814</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090812</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81929334</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">86826154</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091357</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82076381</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80463984</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83979478</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80392583</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488402</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488681</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091559</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488678</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090136</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090735</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80089897</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81864088</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091560</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090482</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">84737269</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">86961767</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090743</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091587</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090308</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80392568</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091556</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81055052</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85447290</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488430</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81929331</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82319337</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360381</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">84226069</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488357</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85665278</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80362391</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">84066293</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488436</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361293</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">84737075</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091658</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81301853</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80715579</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80464185</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81075634</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091280</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81228036</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090746</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80940498</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090124</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82494309</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80392577</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090130</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82145130</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090744</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">86826143</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80999641</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80089771</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090745</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091521</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80688621</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488270</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83811872</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090133</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83432863</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360371</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091191</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80460172</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091652</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82147536</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090138</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090400</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488388</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80392580</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81934171</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80680738</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85204673</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090134</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090132</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090807</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81845564</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488408</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81929325</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80488454</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82147533</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80940495</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81929322</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090407</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091655</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80715582</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090753</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091561</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">87125994</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091711</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091311</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090869</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360382</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361962</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091215</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090814</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80089815</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090129</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80977838</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82134761</fitch:companyid><pubDate>02 Sep 2009 10:19:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010309</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010200</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01020100</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01020300</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010308</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010303</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01032200</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01020000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010306</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010208</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">07050100</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010300</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010305</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">FFH</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">SCR</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">EVG2</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">XL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ACGL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">PATRIA</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">WTM</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MAP</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">FSR</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ACE</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ORH</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">HNR1</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">RNR</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">HSX</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">PRE</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">QBE</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MUV2</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MET</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">0966</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">BRK.A</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">BRE</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">RGA</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MRH</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MXGL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">PTP</fitch:ticker><title>Fitch: Reinsurers May Struggle to Rebuild Capital in Event of Catastrophe, Global O/look Remains Neg</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/504899_pr_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">504899_pr_frame</fitch:docid><guid isPermaLink="false">fitch/504899_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Central Krankenversicherung AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Muenchener Rueckversicherungs Gesellschaft AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Aviva Life and Annuity Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">AGF - Assurances Generales de France Vie</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Allianz Finance II B.V.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Assurances Generales de France</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Allianz Lebensversicherungs-AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hannover Reinsurance AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Indianapolis Life Insurance Co., Inc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hannover Finance (Luxembourg) S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">ERGO Versicherungsgruppe AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Royal &amp; Sun Alliance Insurance Plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Legal &amp; General Group plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Bankers Life Insurance Company of NY</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Allianz SE</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Allianz Elementar Versicherungs AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Cgnu Life Assurance Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">AachenMuenchener Versicherung AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Mapfre SA</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Mapfre Garantias y Credito S.A., Compania de Seguros</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">RSA Insurance Group PLC</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">The Prudential Assurance Co Ltd</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Dkv Deutsche Krankenversicherung Ag</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Munich Reinsurance America, Inc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Zurich Finance (UK) Plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">VICTORIA Lebensversicherung AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Generali Lebensversicherung AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Prudential plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">AXA SA</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">American Investors Life Insurance Co., Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Alleanza Assicurazioni S.p.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Legal &amp; General Finance Plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">E+S Rueckversicherungs-AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Generali Deutschland Pensionskasse AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">PCA Life Insurance Company Ltd</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Jackson National Life Funding, LLC</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Generali Vie</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Legal &amp; General Assurance Society Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Prudential Finance B.V.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Aviva Plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Assicurazioni Generali S.p.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Jackson National Life Insurance Co.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Advocard Rechtsschutzversicherung  Ag</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">American Commerce Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Commercial Union Life Assurance Company Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Munich Re America Corporation Group</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Cosmos Lebensversicherungs-Ag</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Commerce Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Jackson National Life Global Funding</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Turkiye Genel Sigorta A.S</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">The Society of Lloyds</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Commerce West Insurance Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Lloyd's Reinsurance Company (China) Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hamburg-Mannheimer Versicherungs AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">COSMOS Versicherung AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Generali Deutschland Holding AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Generali IARD</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Lloyd's of London</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Jackson National Life Insurance Co of New York</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Generali Schweiz Holding</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Dialog Lebensversicherungs-Ag</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">AachenMuenchener Lebensversicherung AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Aviva International Insurance Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Allianz Private Krankenversicherungs-AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Aviva Insurance Limited</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">ENVIVAS Krankenversicherung AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Allianz Versicherungs AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Allianz Cornhill Insurance plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Generali Versicherung AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">The Commerce Group, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">ERGO International AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Citation Insurance Group</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80940498</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81625855</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82877926</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81287050</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85163077</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80525475</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361317</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82611485</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81625861</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83005325</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82141330</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091477</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81061328</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83005729</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82611497</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83005525</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80934433</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83632873</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80525478</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85583675</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361292</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81301853</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80940504</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81625858</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81460855</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85910077</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80940488</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82147536</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80460172</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80092070</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82611500</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361279</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361293</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85910091</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85910081</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81301856</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82611494</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361308</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80940501</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091222</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82611503</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090567</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361397</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82147533</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361280</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82611488</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81301850</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83005726</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80940495</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80362404</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361224</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">87151170</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091229</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361366</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82195916</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85879276</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090914</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83583284</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82145130</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80360317</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090091</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85879273</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091310</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80726794</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82147539</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82002937</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361962</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82611479</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85910088</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80525490</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80525487</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091570</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83005125</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">85910084</fitch:companyid><pubDate>24 Aug 2009 10:14:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010309</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010306</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010308</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010100</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010300</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010200</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010303</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CS</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">AV</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">G</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ALV</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">PRU</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">HNR1</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">EVG2</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MUV2</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">LGEN</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">RSA</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MAP</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">AMB2</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">AL</fitch:ticker><title>Fitch Comments on Recent Progress in Solvency II</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2342082</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2342082</ccbn:docid><guid isPermaLink="false">ccbn/T2342082</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>04 Aug 2009 10:07:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2342082</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Final Transcript of MUV2.F earnings conference call or presentation, 4-Aug-09 2:30pm CET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Munich Re Group AG</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Munich Re Group AG Q2 2009 Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">MUV2.F</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">2:30pm CET</ccbn:time><title>Munich Re Group AG Q2 2009 Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><description>...Christian Becker-Hussong Munich Re Group AG - Head of Investor &amp; Rating Agency Relations Nikolaus von Bomhard Munich Re Group AG - Chairman &amp; CEO Joerg Schneider Munich Re Group AG - CFO Torsten Jeworrek Munich Re Group AG - Head of Reinsurance Group C O N F E R E N C E C A L L P A R T I C I P A N T S...

</description><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/501787_pr_frame</link><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">501787_pr_frame</fitch:docid><guid isPermaLink="false">fitch/501787_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Dkv Deutsche Krankenversicherung Ag</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Munich Reinsurance America, Inc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hamburg-Mannheimer Versicherungs AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">ERGO Versicherungsgruppe AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">VICTORIA Lebensversicherung AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">ERGO International AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Muenchener Rueckversicherungs Gesellschaft AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Munich Re America Corporation Group</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83632873</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82145130</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81301856</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81301850</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361292</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80359570</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361293</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82877926</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81301853</fitch:companyid><pubDate>24 Jul 2009 02:14:00 EST</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010309</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01010300</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">EVG2</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MUV2</fitch:ticker><title>Fitch Affirms Ergo Previdenza at IFS 'A'; Withdraws Rating</title><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Euro_Insurance_Deferral_Risks_on_Hybrids-86708</link><cs:docid xmlns:cs="http://www.alacra.com/cs">86708</cs:docid><guid isPermaLink="false">cs/86708</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">We begin a more systematic process of tracking deferral risks on insurance company hybrid issues with mandatory deferral clauses, starting with an overview and a specific example.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">jraymond</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">allianz</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">axa</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">swiss_reinsurance</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">generali</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">munich_re</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">dresdner_bank</cs:company><cs:country xmlns:cs="http://www.alacra.com/cs">de</cs:country><cs:csid xmlns:cs="http://www.alacra.com/cs">86708</cs:csid><pubDate>22 Jul 2009 08:08:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">86708</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:sector xmlns:cs="http://www.alacra.com/cs">insurance</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">diversified_insurance</cs:sector><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><title>Euro Insurance: Deferral Risks on Hybrids</title><cs:type xmlns:cs="http://www.alacra.com/cs">SectorComment</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Sector Article</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">1940</cs:wcnum><description> Euro Insurance: Deferral Risks on Hybrids A number of hybrids issued by European iTraxx insurers contain mandatory deferral clauses that can be triggered by net losses and/or changes in capital 
Thanks mainly to the fact that capital...</description><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/COP_600044381</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">COP_600044381</moodys:docid><guid isPermaLink="false">moodys/COP_600044381</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>09 Jul 2009 05:00:23 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Munich Reinsurance Company</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Munich Reinsurance Company</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600044381</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">08 Jul 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Credit Opinion</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Munich Reinsurance Company</title><description>Global Credit Research Credit Opinion # JUL ####   Credit Opinion: Munich Reinsurance Company Munich Reinsurance Company Munich, Germany Ratings Category Moody's Rating Rating Outlook STA Insurance Financial Strength Aa# Subordinate...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_182427_820923646</link><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_182427_820923646</moodys:docid><guid isPermaLink="false">moodys/PR_182427_820923646</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><pubDate>03 Jul 2009 04:38:41 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Muenchener Rueck do Brasil Resseguradora S.A.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Munich Reinsurance Co.-Life Reinsurance EECA</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">ERGO Versicherungsgruppe AG</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Victoria Lebensversicherung AG</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Hamburg-Mannheimer Versicherungs AG</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Munich Reinsurance Company</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Munich Reinsurance America, Inc.</moodys:issuer><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Munich Re America Corporation</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">ERGO Versicherungsgruppe AG; Hamburg-Mannheimer Versicherungs AG; ...</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">820923646</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">809881825</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600049225</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600046043</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600045014</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600044381</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600010748</moodys:org_id><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">45640</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:printdate xmlns:moodys="http://www.alacra.com/moodys">02 Jul 2009</moodys:printdate><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Announcement</moodys:report_type><moodys:sector xmlns:moodys="http://www.alacra.com/moodys">C</moodys:sector><title>Moody's Affirms Munich Re's Aa3 IFSR With a Stable Outlook</title><description>Global Credit Research Announcement # JUL ####   Announcement: Muenchener Rueck do Brasil Resseguradora S.A. Moody's Affirms Munich Re's Aa# IFSR With a Stable Outlook London, ## July #### -- Moody's Investors Service has affirmed the...</description><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/research/creditsights-Euro_Financials_CDS_Tracker_Weighting_Games-85713</link><cs:docid xmlns:cs="http://www.alacra.com/cs">85713</cs:docid><guid isPermaLink="false">cs/85713</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><cs:DS xmlns:cs="http://www.alacra.com/cs">ArticleTemplate</cs:DS><cs:abstract xmlns:cs="http://www.alacra.com/cs">We have changed our recommendation on European Banks from Overweight to Market Weight as we see the recent spread rally coming to a halt.</cs:abstract><cs:analyst xmlns:cs="http://www.alacra.com/cs">jraymond</cs:analyst><cs:analyst xmlns:cs="http://www.alacra.com/cs">sadamson</cs:analyst><cs:company xmlns:cs="http://www.alacra.com/cs">aegon</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">allianz</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">allied_irish</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">anz</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">aviva</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">axa</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">banca_monte_dei_paschi_di_siena</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">banco_bilbao_vizcaya_argentaria</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">banco_comercial_portugues</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">banco_espirito_santo</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">banco_santander_central_hispano</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">bank_of_ireland</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">barclays</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">bnp_paribas</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">commonwealth_bank_of_australia</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">credit_agricole</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">credit_suisse</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">deutsche_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">generali</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">hannover_re</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">hbos</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">hsbc_holdings</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">ing</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">intesa_sanpaolo</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">lloyds_tsb</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">munich_re</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">national_australia_bank</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">royal_bank_of_scotland</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">societe_generale</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">standard_chartered</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">swiss_reinsurance</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">ubs</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">unicredit</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">westpac</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">zurich_financial</cs:company><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">banca_monte_dei_paschi_di_siena</cs:companyFocus><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">banco_bilbao_vizcaya_argentaria</cs:companyFocus><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">banco_santander_central_hispano</cs:companyFocus><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">barclays</cs:companyFocus><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">standard_chartered</cs:companyFocus><cs:companyFocus xmlns:cs="http://www.alacra.com/cs">ubs</cs:companyFocus><cs:companyMention xmlns:cs="http://www.alacra.com/cs">aegon</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">allianz</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">allied_irish</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">anz</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">aviva</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">axa</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">banco_comercial_portugues</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">banco_espirito_santo</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">bank_of_ireland</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">bnp_paribas</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">commonwealth_bank_of_australia</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">credit_agricole</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">credit_suisse</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">deutsche_bank</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">generali</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">hannover_re</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">hbos</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">hsbc_holdings</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">ing</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">intesa_sanpaolo</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">lloyds_tsb</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">munich_re</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">national_australia_bank</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">royal_bank_of_scotland</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">societe_generale</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">swiss_reinsurance</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">unicredit</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">westpac</cs:companyMention><cs:companyMention xmlns:cs="http://www.alacra.com/cs">zurich_financial</cs:companyMention><cs:country xmlns:cs="http://www.alacra.com/cs">ch</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">es</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">gb</cs:country><cs:country xmlns:cs="http://www.alacra.com/cs">it</cs:country><cs:countryMention xmlns:cs="http://www.alacra.com/cs">ch</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">es</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">gb</cs:countryMention><cs:countryMention xmlns:cs="http://www.alacra.com/cs">it</cs:countryMention><cs:csid xmlns:cs="http://www.alacra.com/cs">85713</cs:csid><pubDate>25 Jun 2009 03:11:00 EST</pubDate><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:postid xmlns:cs="http://www.alacra.com/cs">85713</cs:postid><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:provider xmlns:cs="http://www.alacra.com/cs">CreditSights Inc</cs:provider><cs:region xmlns:cs="http://www.alacra.com/cs">europe</cs:region><cs:region xmlns:cs="http://www.alacra.com/cs">united_states</cs:region><cs:regionFocus xmlns:cs="http://www.alacra.com/cs">europe</cs:regionFocus><cs:regionMention xmlns:cs="http://www.alacra.com/cs">united_states</cs:regionMention><cs:sector xmlns:cs="http://www.alacra.com/cs">banks</cs:sector><cs:sector xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sector><cs:sectorFocus xmlns:cs="http://www.alacra.com/cs">banks</cs:sectorFocus><cs:sectorMention xmlns:cs="http://www.alacra.com/cs">financial_services</cs:sectorMention><cs:status xmlns:cs="http://www.alacra.com/cs">Published</cs:status><cs:tag xmlns:cs="http://www.alacra.com/cs">cds_relative_value_tracker</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tag><cs:tag xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tag><cs:tagFocus xmlns:cs="http://www.alacra.com/cs">cds_relative_value_tracker</cs:tagFocus><cs:tagMention xmlns:cs="http://www.alacra.com/cs">companies_withnvertibles</cs:tagMention><cs:tagMention xmlns:cs="http://www.alacra.com/cs">euro_markets_issuers</cs:tagMention><title>Euro Financials CDS Tracker: Weighting Games</title><cs:type xmlns:cs="http://www.alacra.com/cs">SectorComment</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Sector Article</cs:typew><cs:wcnum xmlns:cs="http://www.alacra.com/cs">2440</cs:wcnum><description> Euro Financials CDS Tracker: Weighting Games We have completed our quarterly review of our CDS Tracker and re-set our recommendations for the next three months. 
We recently revised our recommendation on European banks from Overweight...</description><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aareal_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aareal_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">abn_amro</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">abn_amro</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aegon</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aegon</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">affiliated_managers</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">affiliated_managers</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">alliance_leicester</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">alliance_leicester</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">alliancebernstein</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">alliancebernstein</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">allianz</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">allianz</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">allied_irish</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">allied_irish</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">american_express</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">american_express</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ameriprise_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ameriprise_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">amvescap</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">amvescap</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">anglo_irish_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">anglo_irish_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">anz</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">anz</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">associated_banc</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">associated_banc</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">astoria_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">astoria_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aviva</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">aviva</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">axa</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">axa</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_italease</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_italease</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_lombarda</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_lombarda</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_monte_dei_paschi_di_siena</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_monte_dei_paschi_di_siena</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_popolare_di_milano</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_popolare_di_milano</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_popolare_italiana</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banca_popolare_italiana</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bancaja</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bancaja</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banche_popolari_unite</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banche_popolari_unite</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_bilbao_vizcaya_argentaria</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_bilbao_vizcaya_argentaria</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_bradesco</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_bradesco</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_comercial_portugues</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_comercial_portugues</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_de_chile</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_de_chile</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_de_sabadell_sa</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_de_sabadell_sa</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_espirito_santo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_espirito_santo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_itau</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_itau</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_popolare</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_popolare</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_popular_espanol</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_popular_espanol</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_santander_central_hispano</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">banco_santander_central_hispano</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bangkok_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bangkok_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_america</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_america</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_china</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_china</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_communications</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_communications</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_east_asia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_east_asia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_ireland</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_ireland</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_montreal</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_montreal</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_new_york_mellon</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_new_york_mellon</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_nova_scotia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bank_of_nova_scotia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bankgesellschaft_berlin</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bankgesellschaft_berlin</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">barclays</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">barclays</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bawag</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bawag</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bayerische_landesbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bayerische_landesbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bbt</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bbt</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">blackrock</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">blackrock</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bnp_paribas</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bnp_paribas</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bradford_bingley</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">bradford_bingley</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">caja_madrid</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">caja_madrid</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">capital_one</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">capital_one</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">capitalia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">capitalia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">charles_schwab</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">charles_schwab</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">china_citic</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">china_citic</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">china_construction_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">china_construction_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">china_international_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">china_international_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cibc</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cibc</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cit</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">cit</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">citigroup</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">citigroup</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">comerica</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">comerica</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">commerzbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">commonwealth_bank_of_australia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">commonwealth_bank_of_australia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">corealcredit_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">corealcredit_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">credit_agricole</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">credit_agricole</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">credit_suisse</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">credit_suisse</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">daiwa_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">daiwa_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">danske_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">danske_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">depfa_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">depfa_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">deutsche_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">deutsche_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">dexia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">dexia</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">dnb_nor</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">dnb_nor</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">downey_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">downey_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">dz_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">dz_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">eaton_vance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">eaton_vance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">efg_eurobank_ergasias</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">efg_eurobank_ergasias</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">egg_plc</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">egg_plc</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">entenial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">entenial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">erste_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">erste_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">etrade</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">etrade</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">eureko</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">eureko</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">eurohypo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">eurohypo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fdic</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fdic</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">federated_investors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">federated_investors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fifth_third_bancorp</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fifth_third_bancorp</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">first_horizon_national</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">first_horizon_national</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fortis</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">fortis</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">franklin_resources</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">franklin_resources</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">gamco_investors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">gamco_investors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">general_electric</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">general_electric</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">general_electric_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">general_electric_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">general_motors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">general_motors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">generali</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">generali</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">glitnir_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">glitnir_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">gmac</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">gmac</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">goldman_sachs</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">goldman_sachs</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hannover_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hannover_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hbos</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hbos</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">home_depot</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">home_depot</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">household_international</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">household_international</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hsbc_finance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hsbc_finance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hsbc_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hsbc_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hsh_nordbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hsh_nordbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">huntington_bancshares</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">huntington_bancshares</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hvb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hvb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hypo_alpe_adria_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hypo_alpe_adria_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hypo_real_estate_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">hypo_real_estate_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">iasis_healthcare</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">iasis_healthcare</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ici_1</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ici_1</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ikb_deutsche_industriebank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ikb_deutsche_industriebank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">industrial_and_commercial_bank_of_china</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">industrial_and_commercial_bank_of_china</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ing</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ing</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">intesa_sanpaolo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">intesa_sanpaolo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">irwin</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">irwin</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">janus_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">janus_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">jpmorgan_chase</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">jpmorgan_chase</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">jyske_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">jyske_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">kaupthing_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">kaupthing_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">kbc_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">kbc_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">keycorp</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">keycorp</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">kookmin_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">kookmin_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">la_caixa</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">la_caixa</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landesbank_baden_wuerttemberg</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landesbank_baden_wuerttemberg</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landesbank_berlin</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landesbank_berlin</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landesbank_sachsen</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landesbank_sachsen</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landsbanki</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">landsbanki</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">legg_mason</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">legg_mason</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">lehman_brothers</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">lehman_brothers</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">lloyds_tsb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">lloyds_tsb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">malayan_bank_berhad</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">malayan_bank_berhad</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">marshall_ilsley</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">marshall_ilsley</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">millea_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">millea_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mitsubishi_ufj_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mitsubishi_ufj_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mizuho_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mizuho_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">morgan_stanley</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">morgan_stanley</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mt_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">mt_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">munich_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">munich_re</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">national_australia_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">national_australia_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">national_bank_of_greece</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">national_bank_of_greece</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nationwide_building_society</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nationwide_building_society</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">natixis</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">natixis</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">new_century_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">new_century_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">new_york_community</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">new_york_community</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nibc_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nibc_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nomura_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nomura_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">norddeutsche_landesbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">norddeutsche_landesbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nordea</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nordea</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">northern_rock</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">northern_rock</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">northern_trust</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">northern_trust</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nuveen_investments</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nuveen_investments</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nymex_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">nymex_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">occ</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">occ</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">oko_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">oko_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">omega_healthcare_investors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">omega_healthcare_investors</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">otp_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">otp_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">oversea_chinese_banking</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">oversea_chinese_banking</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">parmalat</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">parmalat</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">pnc_financial_services</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">pnc_financial_services</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">popular</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">popular</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">prudential_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">prudential_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">rabobank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">rabobank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">regions_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">regions_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">residential_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">residential_capital</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">resona_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">resona_holdings</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">rheinland_pfalz_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">rheinland_pfalz_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">royal_bank_of_canada</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">royal_bank_of_canada</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">royal_bank_of_scotland</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">royal_bank_of_scotland</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">royal_sun_alliance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">royal_sun_alliance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">rzb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">rzb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">scotia_pacific</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">scotia_pacific</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">seb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">seb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">shinhan_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">shinhan_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">shinsei_bank_limited</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">shinsei_bank_limited</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">sivb_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">sivb_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">slm</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">slm</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">sns_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">sns_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">societe_generale</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">societe_generale</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">standard_chartered</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">standard_chartered</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">state_bank_of_india</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">state_bank_of_india</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">state_street</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">state_street</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">sumitomo_mitsui_banking</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">sumitomo_mitsui_banking</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">suntrust_banks</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">suntrust_banks</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">svenska_handelsbanken</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">svenska_handelsbanken</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">swedbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">swedbank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">swiss_reinsurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">swiss_reinsurance</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">t_rowe_price</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">t_rowe_price</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">td_ameritrade</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">td_ameritrade</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">toronto_dominion</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">toronto_dominion</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ubs</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">ubs</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unicredit</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unicredit</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unionbancal</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unionbancal</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unipol</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">unipol</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">united_overseas_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">united_overseas_bank</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">us_bancorp</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">us_bancorp</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">waddell_reed</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">waddell_reed</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">washington_mutual</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">washington_mutual</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">wells_fargo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">wells_fargo</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">westlb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">westlb</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">westpac</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">westpac</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">woori_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">woori_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">zions_bancorporation</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">zions_bancorporation</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">zurich_financial</cs:index_entry_companySector><cs:index_entry_companySector xmlns:cs="http://www.alacra.com/cs">zurich_financial</cs:index_entry_companySector><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item></channel></rss>