Minerva Insurance Co. Ltd. reported unaudited interim management statement for the period ended November 15, 2012. For the period from January 1, 2012 to November 15, 2012, the company showed losses compared to profits in the corresponding period of 2011. This is attributable to the increased losses of financial and investment activities. For the third quarter, the company's loss attributable to shareholders stood at €49,000 compared to loss of €1.2 million in the corresponding period of 2012.

For the nine months, the company's loss attributable to shareholders stood at €451,000 compared to a loss of €19 million in the corresponding period of 2011.