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Insurance
Karsten Herrmann, the senior vice president and manager of Munich Reinsurance America’s political risk and trade credit division, has been sworn in as a member of the Trade Finance Advisory Council (TFAC) committee to advise US Secretary of Commerce on trade finance programs and strategies. 21 November 2016
Insurance
US-based The Hanover Insurance Group has appointed Eric Cernak as the head of its cyber practice. 1 August 2018
Insurance
Munich Re will pay a significantly increased dividend of €8.25 ($9.37) per share for the financial year 2015, up €0.50 on the previous year's dividend of €7.75. Munich Re's total payout to its shareholders will now be more than €1.3 billion. 28 April 2016
Insurance
He will oversee financial operations for the US Operations 13 November 2019
Insurance
Severe typhoons in Japan caused the year’s biggest losses. 8 January 2020
Insurance
Munich Re has partnered with PrecisionHawk, a global drone data platform, to enhance insurance assessments worldwide by providing faster response times and increased reporting accuracy in the aftermath of a natural disaster. 25 May 2016
Insurance
Munich Re has revealed plans to refocus on reinsurance in Australia and New Zealand by divesting its primary insurance arm Great Lakes Australia (GLA). 15 June 2016
Insurance
Cyber is one of Munich Re’s main strategic growth areas, according to Doris Hopke, member of the board of management at the reinsurer. She said that while the cyber segment part of the firm’s market “is still small” the number of incidents is increasing rapidly, and the financial impact of these incidents is becoming more severe. 22 October 2019
Insurance
Slice Labs, an insurtech start-up, has partnered with Munich Re in the follow up to the release of its on-demand insurance platform. 13 July 2016
Insurance
US-based private equity firm JC Flowers is acquiring managing general agent (MGA) UK General Insurance from Primary Group. 3 March 2017
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