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Insurance
Re/insurers must remain cautious despite few natural catastrophe losses in the first half of the year, warns Munich Re’s Torsten Jeworrek.   10 July 2014
Insurance
Some of the industry’s biggest players have agreed to back Lemonade, the world’s first peer-to-peer (P2P) insurance company, which has already attracted a number of well-known former re/insurance executives to its executive team.   9 February 2016
FloodFlash launches parametric flood product across America
Technology
The launch comes in time for the hurricane season.   26 June 2024
Insurance
Former Zurich executive Matthew Schofield has joined the senior management team of UK General Insurance as chief commercial officer, reporting to CEO Karen Beales.   19 June 2017
Alternative Risk Transfer
Munich Re has completed a $100 million cat bond that will provide it with coverage for three seasons of per occurrence protection for named storms affecting the US and for cyclones affecting Australia.   13 March 2014
Insurance
The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, has received federal permission to fly drones to help customers identify exposures, manage risks and prevent loss.   15 April 2016
Insurance
Munich Re’s CFO said 2018 had been positive for the company’s life and health reinsurance and for ERGO, which both beat their profit guidance for the year, as the firm published its year end results.   6 February 2019
Insurance
The recent new wave of consolidation has shown a further trend towards more companies operating so-called hybrid business models, whereby they write both insurance and reinsurance. Such a model can generate useful synergies, but it is also one of many factors driving consolidation, Torsten Jeworrek, member of Munich Re’s Board of Management, told Monte Carlo Today.   9 September 2018
News
Munich Re, the largest reinsurance company in the world, has posted a better profit than anticipated for 2013, despite a small drop in its gross premiums written.   4 February 2014
Alternative Risk Transfer
Munich Re has reportedly withdrawn its latest planned cat bond from the market because of a lack of investor demand.   26 June 2014

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