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Losses from Hurricane Harvey and Irma could mean that Munich Re will miss its profit guidance of €2.0–2.4 billion for 2017, the company said in a Sept. 13 press release. 14 September 2017
Insurance
The re/insurance industry will bear record catastrophe losses of $135 billion in 2017 following hurricanes Harvey, Irma and Maria as well as a severe earthquake in Mexico, according to Munich Re’s calculations. 4 January 2018
News
Munich Re US Life has promoted Michael Taht to executive vice president of research, analytics and underwriting, and Marc-André Giguère to executive vice president, reinsurance. 6 July 2017
Insurance
Munich Re has agreed to purchase an additional 11 percent of the shares in Global Aerospace Underwriting Managers, taking its stake to 51 percent. 15 December 2017
Insurance
Climate change will play an increasing role in all of these hazards, says Torsten Jeworrek. 11 January 2021
Insurance
App-based insurtech managing general agent (MGA) Wrisk has received full authorisation from the Financial Conduct Authority (FCA). 6 December 2017
Insurance
US-based insurtech Slice Labs, which offers cloud-based on-demand insurance, has raised an additional $20 million in Series A funding to further expand its offering on a global scale. 27 September 2018
Insurance
Group CEO Knibbe says the deals are part of 'our proactive risk and capital management approach'. 20 May 2020
Insurance
Munich Re has entered into a partnership with solar module manufacturer Chint Solar/Astronergy in China. 13 June 2018
Insurance
Dual's Italian business is in talks to acquire 100 percent of managing general agency Synkronos Italia's share capital. 5 April 2018
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