Pictures

Photo

Reuters Photojournalism

Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption 

Photo

Best of Cannes

Style and scenes from the Cannes Film Festival.  Slideshow 

Photo

Ethiopia's salt trails

For centuries merchants have traveled to Ethiopia to collect salt from the surface of the vast desert basin.  Slideshow 

Sponsored Links

Swingers' hotel? German firm's expense claims laid bare

Related Topics

BERLIN | Mon Oct 1, 2012 3:06pm EDT

BERLIN (Reuters) - A German insurance giant revealed employees put a trip to a swingers' hotel in Jamaica on company expenses when it published the results of an internal audit on a public website.

The reputation of Ergo, the primary insurance unit of Munich Re, the world's biggest reinsurer, suffered a blow last year when a German newspaper reported that a subsidiary had hosted a sex party in Budapest in 2007 to reward top employees.

On Sunday, Ergo unveiled a website containing details of 12 similar incidents. It showed employees had also charged the company for tickets to a strip club in Estonia.

In a statement, Ergo head Torsten Oletzky said the company had decided to publish the results of an internal audit of more than 500 incentive trips in the interests of transparency.

"With the published material, you can make your own judgment," Oletzky said.

(Reporting by Chris Cottrell; editing by Robert Woodward)
Oddly Enough
Lifestyle
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (2)
GA_Chris wrote:
Where do i send my resume?

Oct 02, 2012 12:59pm EDT  --  Report as abuse
Bobo_9 wrote:
You’d be amazed at what companies do as incentive trips when times are good. Money becomes no object, & what this German company reported is just the tip of the iceberg. Basically company paid vacations with everything included … food, sex, fun & games for all.
Then when times are not so good, fire all the accountants & clerks you can to cut the payroll.

Oct 02, 2012 1:47pm EDT  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
See All Comments »