All the headlines from our Munich Re Topic Page, ordered by recency.
Dec 28 2005 // Munich Re has released the results of a “loss inspection” conducted on the West Coast of Thailand to assess the consequences of the devastating tsunami, which struck the area one year ago.Experts from the...
Dec 16 2005 // A report prepared by Dr. Eberhard Faust, who heads Munich Re’s Climate Change Research Department, points to some significant changes in the hurricane risk factors in the North Atlantic.Munich Re notes: “The...
Nov 28 2005 // Cat bonds seem to be enjoying something of a revival in Europe, largely as a response to increased windstorm and flood losses, as well as the passage of Hurricane Katrina. Munich Re recently increased its commitment to...
Nov 9 2005 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB” long-term counterparty credit and insurer financial strength ratings to Munich Mauritius Reinsurance Co. Ltd. (Munich Re...
Nov 4 2005 // A.M. Best Co. announced rating actions on Germany’s Muenchener Rueckversicherungs (Munich Re) and its U.S. subsidiary American Re Corporation Group. Best affirmed its financial strength ratings on the companies,...
Oct 11 2005 // A.M. Best Co. has issued a comment indicating that the ratings of Germany’s Muenchener Rueckversicherungs-Gesellschaft (Munich Re) remain unchanged following the announcement that it intends to sell its 90.1 percent...
Sep 28 2005 // Munich Re has issued a report on the impact of Hurricanes Katrina and Rita on the insurance industry. The world’s largest reinsurer said it “estimates total insured market losses at up to US$ 40 billion,”...
Sep 26 2005 // San Antonio – Trident Insurance Services, LLC, a wholly owned subsidiary of Argonaut Group, Inc. (NASDAQ: AGII) announced at the annual National Association of Professional Surplus Lines Offices, Ltd. (NAPSLO)...
Aug 22 2005 // Fitch Ratings affirmed the “A-” insurer financial strength ratings on the members of the Liberty Mutual inter-company pool and revised the rating outlook on pool members to stable from negative. Additionally,...
Jul 20 2005 // Fitch Ratings has assigned an ‘AA-‘ insurer financial strength rating to American Reinsurance Company (AmRe). The Rating Outlook is Stable.Fitch’s rating on AmRe reflects its view that the company is a...
Jul 13 2005 // A.M. Best Co. has placed the financial strength ratings of A (Excellent) under review with negative implications for American Re Corporation Group’s (American Re) member companies, which include American Re-Insurance...
Jul 12 2005 // A.M. Best Co. has placed the ratings of Muenchener Rueckversicherungs-Gesellschaft (Munich Re) (Germany) and its rated subsidiaries under review with negative implications. These rating actions follow Munich Re’s...
Jul 5 2005 // Standard & Poor’s Ratings Services has indicated that the recent announcement by Germany’s Munich Reinsurance Co. (rated “A+”/Stable) that it is currently undergoing an in-depth reserve review...
Jun 28 2005 // Munich Re held an investors’ day conference in London yesterday, June 27. In conjunction with the event it published detailed information on its internal risk model, which shows that “the Group’s...
Jun 13 2005 // Europe’s biggest ever cross-border banking merger moved a step closer over the weekend, as Munich Re announced that it seemed set to approve the offer from UniCredit, Italy’s largest bank, to acquire...
May 12 2005 // Standard & Poor’s Ratings Services announced that its ratings and outlook on Germany’s Munich Reinsurance, (currently “A+”/Stable) and its related entities–collectively known as the...
May 10 2005 // Munich Re posted a 26.7 percent increase in its consolidated results for the first quarter of 2001, earning a net profit of 688 million euros ($882.7 million), compared to 543 million euros ($696.7 million) in the same...
May 2 2005 // Munich Re, the world’s largest reinsurer, and Swiss reinsurer Converium have received subpoenas from the Securities Exchange Commission and New York State Attorney General Eliot Spitzer as part of the ongoing...
Apr 29 2005 // Nikolaus von Bomhard, chairman of Munich Re’s Board of Management, presided over an upbeat annual general meeting yesterday at the world’s largest reinsurer’s corporate headquarters in...
Apr 13 2005 // Under the motto “From Knowledge to Action,” Munich Re announced that it has established the Munich Re Foundation with an initial capital of 50 million euros ($64.71 million). The announcment said the foundation...