News
News
Munich Re has expanded the property/casualty (P&C) reinsurance business by 16 percent year on year in the first nine months of 2018 and chief financial officer Jörg Schneider is confident that this new business is of good quality. 7 November 2018
Insurance
Ascent Underwriting, a managing general agent (MGA) specialising in emerging and professional risks, has partnered with Munich Re for its new physical damage cyber cover. 27 February 2019
Insurance
The bond will provide $1.25bn of funds to deploy in sustainable, climate-friendly projects. 24 May 2022
Insurance
HSB Engineering Insurance, a specialist engineering and construction insurer which is a subsidiary of Munich Re, has appointed Paula Homan as director of engineering services. 20 May 2019
Insurance
Commercial auto insurtech Inshur has raised $7 million in a Series A funding round led by Munich Re Ventures, with participation from venture capital firm MTech Capital. 14 February 2019
Insurance
Munich Re has grown premium volume by 42 percent year on year to about €3.3 billion in the 1 July 2018 renewals. 8 August 2018
Insurance
While there is no doubt that the insurance industry is changing dramatically, Torsten Jeworrek, chief executive officer, reinsurance, of Munich Re, does not expect that the insurance sector will experience a “big bang” type of disruption. 31 October 2018
Insurance
Munich Re has reduced the reinsurance business in the second quarter of 2018 driven by the life and health (L&H) operations. 8 August 2018
Insurance
Bermuda-based re/insurer and run-off specialist Enstar Group has agreed a deal to acquire $156.2 million of run-off portfolios from the Australian branches of Munich Re’s Great Lakes Insurance and HSB Engineering Insurance. 11 September 2019
Insurance
Munich Re has become a shareholder in the German Research Centre for Artificial Intelligence (DFKI), a leading European institute for AI research including robotics, smart factories and immersive quantified learning. 4 February 2019
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