News
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
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
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
News
Munich Re has taken advantage of organic growth potential in the property/casualty (P&C) reinsurance segment and expanded its portfolio significantly during the third quarter of 2018. 7 November 2018
Insurance
The 2018 tropical cyclone season across the northern hemisphere has caused overall losses of around $51 billion, well below last year’s figure of $220 billion, but still substantially above the long-term average of $34 billion, according to Munich Re. 4 December 2018
News
Munich Reinsurance America (Munich Re) has developed a new cyber reinsurance solution for regional property/casualty insurance carriers seeking to provide cyber coverage to their small and medium-size enterprise (SME) clients. 27 September 2018
Insurance
Munich Re has appointed Christoph Jurecka as new chief financial officer (CFO) to succeed Jörg Schneider who is retiring Dec. 31, 2018. 17 July 2018
News
Losses for insurers stemming from natural catastrophes were substantially higher than the long-term average in 2018 with an eventful second half of the year contributing to a high overall loss figure of $160 billion, half of which was insured, according to a report by Munich Re. 9 January 2019
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