News
Insurance
Broker Marsh has launched a new programme, called Cyber Catalyst, that brings together a number of leading insurers to evaluate cybersecurity offerings and address major cyber risks, such as data breach, business interruption, data theft or corruption, and cyber extortion. 27 March 2019
Insurance
Munich Re/HSB Ventures, the corporate venture capital arm of Munich Re, has made an investment in an insurtech start-up company set to launch the first on-demand insurance platform, to support the on-demand economy. 4 October 2016
News
The durability of so-called alternative capital is yet to be tested by a big loss and some investors will inevitably leave the market in the aftermath of such an event, Torsten Jeworrek, member of the board of management with responsibility for reinsurance at Munich Re, told Monte Carlo Today. 11 September 2016
Technology
As the world attempts to find a way of understanding, managing, and transferring the risk associated with pandemics, much can be learned from the extensive work the insurance industry has done to better handle cyber risk, says a new report by CyberCube, with contributions from Munich Re and Metabiota. 15 December 2020
News
Nikolaus von Bomhard, the chief executive of Munich Re, has revealed plans to step down from both his position as CEO and from the supervisory board of Munich Reinsurance Company. 15 March 2016
Insurance
California-based insurtech start-up Trov said on July 5 that it received approval for its on-demand insurance services from regulators in 23 US states. 7 July 2017
Insurance
Although rate reductions have slowed, inadequate pricing in the mid-year renewals forced Munich Re to walk away from almost a quarter of business it already held as a reaction to pricing, the company revealed in a conference call covering its second quarter results today (Tuesday August 9). 9 August 2016
News
Munich Re chief executive officer Nikolaus von Bomhard expects an industry-wide decline of reserves to drive reinsurance capacity down and help prices to stabilise or rebound. 9 August 2016
Insurance
Blenheim Underwriting Limited (Syndicate 5886) has launched its accident and health and specialty reinsurance divisions as part of its recently approved 2018 business plan, according to a Nov. 1 statement. 1 November 2017
Insurance
US-based insurtech platform Slice Labs has launched a new business unit, called Slice Mind, that combines artificial intelligence (AI), machine learning and behavioural psychology to predict insurance risk and make recommendations. 28 March 2019
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