All the headlines from our Munich Re Topic Page, ordered by recency.
Nov 21 2019 // Liberty Mutual Insurance has appointed Max Libman as lead underwriting consultant for its national Sharing Economy & New Mobility unit.The dedicated Sharing Economy & New Mobility practice was launched earlier this...
Nov 4 2019 // IAT Insurance Group, a provider of specialty property and casualty products, has added Steve Assennata to the company to serve as chief underwriting officer (CUO) of its Programs unit. The company is based in Raleigh,...
Oct 22 2019 // Reinsurers are aware they must constantly invent new solutions in order to stay relevant for their clients. Yet, they admit they are sometimes challenged to close the protection gap for new and emerging risks such as...
Oct 18 2019 // Munich Reinsurance America has appointed Juan Herrera as its first full-time head of Diversity and Inclusion. Herrera will oversee all diversity and inclusion efforts across the North American region including Munich...
Oct 16 2019 // A nudge into the market by carriers offering private flood insurance is becoming more of a shove, which might bring new opportunities for claims adjusters and maybe create a more efficient claims process along the way.An...
Oct 8 2019 // FRISS, the insurtech provider of AI-powered anti-fraud solutions for the P&C insurance industry, has extended its partnership with Munich Re to now support insurers in their fight against fraud.Following their...
Oct 7 2019 // Insurtech Next Insurance has pulled in a $250 million financing round from a single investor: Munich Re.Palo Alto-based Next said it plans to use the Series C cash infusion to scale up its small business insurance products...
Oct 3 2019 // HSB, part of Munich Re, has introduced a cellular IoT sensor product designed to help smaller businesses and organizations prevent property damage.The device leverages IoT-specific cellular networks and connects to the...
Sep 30 2019 // Lloyd’s of London has unveiled a blueprint for action to facilitate its Future at Lloyd’s project, which aims to “build the most advanced insurance marketplace in the world.” This first blueprint,...
Sep 27 2019 // James Ng has been promoted to general manager and principle officer for Munich Re Syndicate Labuan Ltd. (MRSLab). Based in Kuala Lumpur, Malaysia, Ng will have overall responsibilities for the Labuan operations and its...
Sep 24 2019 // Property/casualty insurer Travelers is now providing its insurance agents and brokers with before-and-after photos of areas affected by disasters.The Travelers Catastrophe Map Viewer provides access to searchable,...
Sep 20 2019 // AXA Liabilities Managers announced it has completed the acquisition of the non-life legacy portfolio of Munich Re Malaysia (a branch of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in Munich).The portfolio...
Aug 16 2019 // American International Group announced that Richard Olsen will join the company as chief actuary, General Insurance, effective immediately. Olsen will lead the General Insurance global actuarial organization, with...
Aug 7 2019 // Munich Re has launched a new suite of hurricane response tools designed to help insurance companies assess widespread property damage after a hurricane and improve their customers’ claims experience.Developed by...
Aug 7 2019 // German reinsurer Munich Re on Wednesday reported a 36% rise in net profit in the second quarter, helped by low claims from major losses, and stuck to its forecast for 2019.Net profit was 993 million euros ($1.11 billion),...
Jul 10 2019 // Shares in Protector Forsikring fell 12% on Wednesday after the Norwegian insurer warned about a second-quarter loss, partly because it had lost an arbitration case related to the 2017 Grenfell Tower fire in London.It said...
Jul 1 2019 // Munich Re had teamed up with a unit of the National Insurance Crime Bureau to offer insurance carriers an analytics tool that can quickly assess property damage after natural catastrophes and speed up claims payments.Roman...
May 23 2019 // Hartford Steam Boiler (HSB) has launched a new HSB Farm Cyber Insurance product designed to protect farmers and farm technology from hackers, malware and other cyber attacks.According to James Hajjar, who leads the cyber...
May 17 2019 // Curv, a cloud-based institutional digital asset wallet service, has partnered with Munich Re to provide insurance protection of up to $50 million for digital assets offered through its service.Munich Re will offer an...
May 16 2019 // Munich Re disclosed it will partner globally with telematics provider The Floow.The deal will help strengthen Munich Re’s telematics consulting offering but also allow The Floow’s products and services to be...