All the headlines from our Munich Re Topic Page, ordered by recency.
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...
Oct 20 2022 // The Supervisory Board of Munich Re has appointed Dr. Thomas Blunck (age 57) as the chair of the Reinsurance Committee of the group’s Board of Management with effect from Jan. 1, 2023.He will succeed Dr. Torsten...
Oct 7 2022 // Munich Re, the world’s largest reinsurer, on Thursday announced stricter policies for investing in and underwriting oil and gas projects, drawing praise from environmental activists.The German reinsurer said on its...
Aug 17 2022 // Munich Re for the second-straight year holds the top spot in AM Best’s annual ranking of the Top 50 Global Reinsurance groups in 2021, followed once again by Swiss Re. The two global reinsurers together account for...
Aug 9 2022 // Munich Re’s profit slumped as the reinsurer took a hit of almost $1 billion to its investment portfolio in a volatile quarter for financial markets.The Munich-based company wrote down the value of its holdings by 908...
Jul 28 2022 // Global natural disasters during the first half of 2022 cost insurers about US$34 billion, which covered a little more than half of the overall $65 billion in losses from floods, earthquakes, and storms during the first six...
Jul 25 2022 // HSB (UK and Ireland) announced the formation of a new Commercial Division, creating closer alignment between its business development, underwriting and claims teams.The division, headed by Terry Dyson, who has been...
Jul 1 2022 // This edition of International People Moves details appointments at Verisk and Munich Re.A summary of these new hires follows here. Verisk Promotes Rayner to President of Specialty Business SolutionsVerisk, the global data...
Jun 6 2022 // Following its successful placement of green bonds in 2020 and 2021, Munich Re has sucessfully placed its first green subordinated bond in a private placement to qualified institutional buyers in the U.S. market.By issuing...
May 24 2022 // Following its successful placement of green bonds in 2020 and 2021, Munich Re has successfully placed its first green subordinated bond in a private placement to qualified institutional buyers in the U.S. market.By issuing...
May 20 2022 // Hub Launches Nonprofit Specialty PracticeInsurance broker Hub International, with decades of experience in the sector, has launched a nonprofit specialty practice to serve the risk management, insurance and human capital...
May 18 2022 // Munich Re is aiming to enhance acceptance of artificial intelligence (AI) with its new CertAI validation service, which provides objective validation that AI systems are trustworthy.Companies from a variety of industries...
May 12 2022 // Marsh Launches Renewable Energy FacilityInsurance broker Marsh announced the launch of a renewable energy facility that provides streamlined, dedicated insurance capacity for mid-scale solar and battery energy storage...