cyber_shutterstock_356278754_resized
28 March 2023Insurance

Munich Re reports ‘information security incident’; response plan activated

Munich Re said it has identified an “information security incident” at an external service provider on Monday, March 27 and is following a response plan involving all affected organisational units to tackle the situation.

The global reinsurer stated that Munich Re's systems are not affected by the incident.

Munich Re noted that it currently has no contractual relationship with the affected company. During a test phase with potential contractual partners, as a standard procedure, it had sent files that are meaningless in terms of content.

“For test purposes, only test files with meaningless content were sent, i.e. containing no business, client or personnel data,” the company said in a statement.

“Munich Re is prepared for such situations. We are following a response plan with defined processes involving all affected organisational units,” it concluded.

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
24 December 2025   From London to Bermuda, the market watched exits jolt the industry, teams reshuffle and others fall into place with far less fanfare.
Insurance
19 December 2025   Stable coverage keeps insureds with incumbents, ‘limiting new business opportunities’.
Insurance
19 December 2025   If profits slip too far, insurers may cut coverage, hike premiums, squeezing affordability.