All the headlines from our Munich Re Topic Page, ordered by recency.
Jan 5 2024 // Rokstone, the London-based speciality re/insurance managing general agent, part of Aventum Group, announced a binder agreement with Munich Re Syndicate Ltd. (MRSL), to bolster the expansion of its international property...
Oct 24 2023 // Munich Re raised its profit target for the year as lower-than-expected claims helped push earnings in the third quarter past analysts’ estimates.The reinsurer said it expects a profit of €4.5 billion ($4.8 billion)...
Aug 23 2023 // Munich Re holds onto the top spot in AM Best’s annual ranking of the top 50 global reinsurance groups for 2022, with Swiss Re coming in as the second-largest reinsurer — for the third year in a row.These two...
Aug 18 2023 // S&P Global Ratings has revised its outlooks for Munich Re and Swiss Re, affirming both reinsurers’ “AA-” issuer credit and financial strength ratings.Munich Re’s outlook was revised to positive...
Aug 2 2023 // This edition of International People Moves details appointments at Miller, HSB Canada and HDI Global.A summary of these new hires follows here. Miller Taps Marsh’s Holloway as Head of EuropeMiller, the London-based...
Jul 28 2023 // Natural disasters during the first half of 2023 cost insurers an estimated US$43 billion with an overall economic price tag of $110 billion, according to Munich Re.These insured losses were slightly lower than the US$47...
Jul 18 2023 // This edition of International People Moves details appointments at Munich Re Specialty Group and Berkshire Hathaway Specialty Insurance.A summary of these new hires follows here. Munich Re Specialty Group Names Richardson...
Jul 5 2023 // This edition of International People Moves details executive changes and appointments at Inver Re, Tokio Marine Kiln and Chubb.A summary of these new hires follows here. Hearn to Step Down as Inver Re’s CEOInver Re,...
Jun 9 2023 // Insify, an insurtech for SMEs, has raised an additional €10 million, bringing its total Series A funding to €25 million.Munich Re Ventures led the extension round and was joined by existing investors including global...
May 3 2023 // Munich Re Specialty Group, the parent of Munich Re Syndicate, announced the launch of Green Solutions, a portfolio of insurance products and services that supports its customers’ net zero ambitions.The portfolio...
Apr 18 2023 // Capitola in California has raised $15.6 million in its Series A funding round led by Munich Re Ventures.The firm reports this round will be used to grow Capitola’s platform with an emphasis on its market intelligence...
Apr 6 2023 // Munich Re will not proactively extend coverage for the Nord Stream 1 pipeline when it expires later this year, a spokesperson told Reuters on Thursday.The decision follows an announcement by Allianz on Wednesday that it...
Apr 6 2023 // Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second high profile exit from the group in a matter of days.The Swiss insurer said in a statement that...
Apr 3 2023 // Munich Re is leaving an alliance of leading insurers that have committed to reduce emissions due to what it says are “material” legal risks, in a move that marks the latest blow to a coalition built by former...
Mar 31 2023 // This edition of International People Moves details appointments at Everest Insurance and two brokers BMS and Miller.A summary of these new hires follows here. Everest Insurance Taps Chubb’s Chaves to Lead Mexico...
Mar 8 2023 // This edition of International People Moves details appointments at Hiscox, Optio Group and Conduit Re.A summary of these new hires follows here. Childs to Retire as Chair of Hiscox BoardHiscox Ltd., the international...
Jan 10 2023 // Hurricane Ian in the United States and floods and Australia helped to make 2022 one of the costliest years on record for natural disasters, Munich Re said on Tuesday, warning that climate change was making storms more...
Dec 16 2022 // Munich Re is launching a new division, called Global Specialty Insurance (GSI), which will be comprised of various primary insurance businesses from the group that are currently part of the reinsurance segment.The...
Dec 15 2022 // Munich Reinsurance America Inc. announced the retirement of Anthony J. Kuczinski as chief executive officer of Munich Re US P&C Companies and of Munich Re US Holding Inc., effective Dec. 31, 2022, with an agreed change...
Oct 21 2022 // Munich Re said it will probably take a hit of about 1.6 billion euros ($1.6 billion) after hurricane Ian led to massive damages in Florida, and warned reaching its full-year profit goal has become “significantly more...