All the headlines from our Munich Re Topic Page, ordered by recency.
Apr 7 2017 // Plum Underwriting, the London-based specialist home insurance managing general agent, announced the launch of cyber and data risks cover embedded within high net worth (HNW) and mid net worth (MNW) home insurance products...
Apr 6 2017 // On-demand insurance provider Trov has $45 million in new capital to expand its operations, thanks to a Series D funding round led by Munich Re / HSB Ventures. The round brings Trov’s total funding to just over $85...
Apr 3 2017 // American International Group Inc., the biggest seller of cyber insurance to businesses, is bringing cyber insurance and risk mitigation services adapted from its CyberEdge commercial insurance product to its high net worth...
Mar 20 2017 // Reinsurer Swiss Re, usually involved in mega-deals on natural disaster coverage, is branching out on its own to do individually tailored schemes to boost returns, such as one in China to protect farmers against floods or...
Mar 20 2017 // Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year.For 2017, experts predict the U.S. economy will continue to expand. “Job growth means higher payroll,...
Mar 9 2017 // Dominick Hoare, chief underwriting officer for Munich Re Syndicate Ltd., was elected this week to the position of corporate-external member to the Council of Lloyd’s, which is the body responsible for the supervision...
Feb 8 2017 // Munich Re, the world’s biggest reinsurer, reported a bigger-than-expected drop in fourth-quarter earnings as claims from natural disasters rose while prices continue to fall.Net income declined to about 500 million...
Jan 30 2017 // Munich Reinsurance America has created a new strategic position in its Reinsurance Division to help clients seize opportunities resulting from the rapidly developing field of insurtech. Robert Mozeika will assume the new...
Jan 27 2017 // Eight out of ten U.S. consumers have a home data network and more than a third of them connect entertainment systems, gaming consoles and other smart devices to the Internet.The same survey suggests that all of this...
Jan 5 2017 // Collinson Group, the London-based provider of insurance and assistance solutions, has appointed Saugata Basu as chief underwriting officer.In his role, Basu will partner with the group’s capacity providers to develop...
Jan 4 2017 // Insurers paid out around $50 billion for natural disaster claims last year, almost double 2015’s payout of $27 billion, reinsurer Munich Re said in its annual natural catastrophe review on Wednesday.Earthquakes in...
Dec 14 2016 // Next Insurance has partnered with Munich Re to launch a product targeting commercial photographers, who will be able to buy, renew and maintain policies online. According to a 2016 report by McKinsey & Co, the small...
Dec 12 2016 // The International Insurance Society (IIS) has chosen Nikolaus von Bomhard, chairman of the board of management of Munch Re, as the 2017 Insurance Hall of Fame Laureate.The Insurance Hall of Fame honors insurance standouts...
Dec 7 2016 // The Credit Guarantee and Investment Facility (CGIF)* announced it has executed its inaugural reinsurance treaty, with a panel of market leading private reinsurers, led by the specialist credit reinsurance team of Munich...
Nov 28 2016 // Listening to Andrew Rear talk about insurers, you wouldn’t think he works for one that’s been around for 136 years.The 46-year-old head of Munich Re’s Digital Partners unit has said the industry is...
Nov 22 2016 // Insurtech company Wrisk Ltd., which was founded earlier this year, has entered into an agreement with Munich Re’s Digital Partners business unit.Under the agreement, Munich Re companies become the exclusive carrier...
Sep 13 2016 // Trov, an on-demand insurance startup, is revving up plans to enter the U.S. market in 2017, by way of a partnership with Munich Re.Munich Re, one of the world’s largets reinsurers, says it intends to provide...
Aug 23 2016 // It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors such as hedge funds have eroded prices so much that a typical year of claims could...
Aug 9 2016 // Munich Re, the world’s second-biggest reinsurer, reported second-quarter profit that beat analysts’ expectations as gains from currencies and investments cushioned higher claims from natural disasters and...
Jul 25 2016 // Munich Re has partnered with New York City-based insurtech startup Slice Labs Inc. as Slice prepares to launch its first on-demand, per-use insurance product.Slice and Munich Re said they have agreed to an ongoing roll-out...