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The fine print in 2023 renewals put 9M cat losses below budget for all four major players. 16 November 2023
News
German reinsurer Munich Re is in talks to sell its asset management division to US fund manager Guggenheim Partners, Reuters reported on June 21 citing a person familiar with the matter. 22 June 2018
News
Munich Re has appointed Jean Vernor as head of incubator, new strategic markets, for Munich Reinsurance America. 5 June 2018
News
Munich Re will cut costs in the reinsurance operations and in the group functions through staff reduction to improve profitability. 15 March 2018
Insurance
Former DARAG CEO and current SOVAG chairman Arndt Gossmann has revealed plans to create a new risk carrier focusing on portfolio restructuring of non-life insurers in Europe with Munich Re as its reinsurance partner. 19 October 2018
Insurance
Munich Re has tested and insured the fraud prevention solution of German and Israeli start-up Fraugster, which uses artificial intelligence (AI) technology to detects payment frauds and improve the security of online sales. 23 April 2018
Insurance
Munich Re expects its profit in the first quarter of 2018 to exceed €800 million due to “randomly low incidence” in major losses, up from €557 million in the same period a year ago. 24 April 2018
Insurance
Munich Re is working with Starmind to transform Munich Re's knowledge management, leveraging internal knowledge and expertise as key competitive advantages, according to a Feb. 12 press release. 13 February 2018
News
Despite disappointing rate increases in the January renewals, Munich Re chief financial officer Jörg Schneider showed optimism when discussing his expectations for 2018. 6 February 2018
Insurance
Munich Re has appointed Jill Beggs, senior vice president and head of new strategic markets at Munich Reinsurance America, to its US property and casualty executive board. 6 March 2018
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