updated Thu. November 9, 2023
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Reinsurance News
February 9, 2018
Jorg Schneider, the Chief Financial Officer (CFO) of reinsurance giant Munich Re, is anticipating further and increased rate improvements at the upcoming April and mid-year renewals, owing to a stronger element of the business being non-proportional and natural catastrophe focused. Munich Re logo on aÃÂ ...
Reinsurance News
February 5, 2018
“As insurance companies look to incorporate activity data into risk selection, Munich Re's analytic staff will advise on underwriting guidelines and actuarial assumptions.” The assessment of impact of exercise on mortality risk suggests re/insurers looking to incorporate new underwriting data in evaluatingÃÂ ...
Artemis.bm (blog)
February 5, 2018
The notes issued through the Leo Re collateralized reinsurance transaction for 2018 even have the same maturity date as those issued by Eden Re in Munich Re's 2018 sidecar transaction, suggesting that Leo Re simply features a slice of the same transaction, but privately negotiated and arranged forÃÂ ...
Reinsurance News
January 24, 2018
Global reinsurance giant Munich Re has announced the establishment of a new technology-based insurance centre in Beijing, China, called Smart Thinking Consulting (Beijing) Company Limited, designed to provide intelligent solutions to its new and existing Chinese business partners. Munich Re logoÃÂ ...
Reinsurance News
January 18, 2018
Global reinsurance player Munich Re has entered into a partnership with insurance technology and drone start-up Betterview, that will see the Munich Reinsurance America, Inc. unit offering drone imagery, analysis and reporting to its insurance company clients. Drone image Munich Re will refer any of itsÃÂ ...
Insurance Business
January 18, 2018
Munich Re cements agreement with drone-inspection provider Munich Re has cemented an agreement with drone-inspection service provider Betterview. Under the agreement, Betterview will offer drone imagery, analysis and reporting to Munich Re's insurance company clients. As part of the agreement,ÃÂ ...
ExpressObserver
January 9, 2018
Travel Insurance The competitive framework study Travel Insurance Market is an in-depth study that covers all the aspects of the industry. The research report delivers key insights verified by key industry participants. These include market-leading participants, key clients and consumers, and product typesÃÂ ...
VICE News
January 9, 2018
This year's numbers weren't unexpected, and multiple global insurance agencies have already announced that insurance industry costs are soaring due to natural disasters. Munich Re, one of the world's largest insurance companies, announced that 2017 had the costliest hurricane season on record,ÃÂ ...
Construction Dive
January 9, 2018
International reinsurer Munich RE has projected that worldwide losses due to 2017's string of natural disasters will reach $330 billion, with only $135 billion of ... Liz Holland, CEO of real estate management and acquisition firm Abbell Associates, told Construction Dive in May that without suitable insuranceÃÂ ...
Artemis.bm (blog)
January 6, 2018
The notes have been placed with qualified investors and admitted to the Bermuda Stock Exchange (BSX) under listing classification Section V – Insurance Related Securities. The Eden Re collateralized reinsurance sidecar vehicles remain a key component of Munich Re's strategy to partner with capitalÃÂ ...
Insurance Journal
December 20, 2017
Trov, an on-demand insurance startup, plans to provide trip insurance for passengers using Waymo's soon-to-be launched self-driving, ride-hailing service. Waymo, formerly Google's self-driving car project, plans to launch the commercial ride-hailing service for members of the public starting in Phoenix inÃÂ ...
Insurance Business Review
December 18, 2017
Global manages the Global Aerospace Pool. Munich Re's share in the pool will increase by 5% with effective from 1 January,2019. The amount being paid for the stake has not been disclosed by both the companies. Global Aerospace provides aerospace and aviation insurance with a global portfolio ofÃÂ ...
Insurance Business
December 14, 2017
Munich Re has agreed to purchase an additional 11% of the shares in aerospace insurance provider Global Aerospace Underwriting Managers Limited. ... “Munich Re has long had a strategic interest in increasing its investment in Global, and this deal achieves that, while ensuring that Berkshire HathawayÃÂ ...
Insurance Journal
December 14, 2017
Global Aerospace, the London-based provider of aerospace insurance, announced that Munich Re has agreed to purchase an additional 11 percent of the shares in Global Aerospace Underwriting Managers Ltd., the company that manages the Global Aerospace Pool. Following the acquisition, Munich ReÃÂ ...
Business Insurance
December 14, 2017
Munich Reinsurance Co. will hold a majority stake in Global Aerospace Underwriting Managers Ltd. after agreeing to buy an additional 11% of shares in the London-based aviation insurance provider. Following the purchase from National Indemnity Co., a unit of Berkshire Hathaway Inc., Munich Re willÃÂ ...
Reinsurance News
December 31, 1999
German reinsurance giant Munich Re is reportedly looking to cut its costs, with an internal memo suggesting that an efficiency drive is underway at the ... by German insurance news publisher Versicherungsmonitor and then followed up by Reuters, but not confirmed by Munich Re yet (we have enquired),ÃÂ ...
Insurance Journal
December 31, 1999
Betterview, a drone-based inspection company specializing in risk and damage assessments, has formed an agreement with Munich Reinsurance America, Inc. (Munich Re) to offer drone imagery, analysis and reporting to Munich Re's insurance company clients. As part of the agreement, Munich Re willÃÂ ...
Insurance Journal
December 31, 1999
The insurance industry will pay record claims of US$135 billion from last year's spate of natural catastrophes, according to a report published by Munich Re. ... rains, are giving us a foretaste of what is to come,” said Torsten Jeworrek, Munich Re board member responsible for global reinsurance business.
Economic Times
December 10, 2017
NEW DELHI: Apollo Munich Health Insurance has no plans to come out with an initial public offer (IPO) in the near future, said its CEO Antony Jacob. ... Munich Re bought additional 23.27 per cent stake in Apollo Munich Health Insurance from its joint venture partner Apollo Hospitals Group for Rs 164 croreÃÂ ...
Handelsblatt Global Edition
December 9, 2017
Joachim Wenning, a 52-year-old PhD economist took over as CEO of German reinsurance giant Munich Re in April after his long-standing and widely ... Given the sea change underway in the insurance industry, some within the firm are asking: Is Mr. Wenning the right person to lead Munich Re throughÃÂ ...
Reinsurance News
December 8, 2017
He joined Munich Re, Canada (Life) in 2015 as Senior Vice President, North America Inforce Management, before taking on the role of Executive Vice President of Reinsurance for Munich Re, US (Life) and President and CEO of Munich Re, US (Health) in July, 2017. Mary Forrest, President and CEO ofÃÂ ...
Artemis.bm (blog)
December 8, 2017
Reinsurance giant Munich Re has made an early redemption of the two classes of notes from its $290 million Eden Re II Series 2015-1 collateralized sidecar vehicle, which we're told is likely due to commutation of underlying retrocession contracts following losses from recent catastrophe events.
The Insurance Insider
December 8, 2017
Nimbla, a trade credit insurance start-up, is on the hunt for series A funding. The Munich Re Digital Partners-supported MGA, set up by two former derivatives brokers, provides invoice insurance to small and medium-sized enterprises (SMEs). The funding round comes a month after Nimbla began writingÃÂ ...
Insurance Journal
December 8, 2017
Insurance Australia Group Ltd. said on Friday it will share 12.5 percent of its premiums and costs with Munich Re, Swiss Re and Hannover Re, in a series of deals that will release capital for Australia's biggest general insurer. The arrangement, common in the reinsurance industry, increases the portion ofÃÂ ...
Seeking Alpha
December 1, 2017
Reinsurance giant Munich Re forecasts ongoing price pressure in insurance and reinsurance, leading the firm's CEO Joachim Wenning to forecast that profits will remain stable, but are unlikely to return to levels seen in prior years. Speaking to journalists at an informal meeting yesterday, Munich Re's CEOÃÂ ...
The Chief Observer
December 1, 2017
The market research data included in the Travel Insurance report is the result of substantial primary and secondary research activities. The report segments the global market for Travel Insurance on the basis of manufacturers, product type, applications, and regions. In this report, each segment is studied thoroughly and ...
The Insurance Insider
December 1, 2017
According to a Reuters report, the CEO told journalists there would not be "big jumps back to previous earnings levels", and instead Munich Re's profit increases would happen gradually. However, Wenning said P&C reinsurance rate increases following the spate of natural catastrophes in the second half ...
Artemis.bm (blog)
November 30, 2017
For major global and fully diversified insurance and reinsurance platforms such as Munich Re this is unlikely to be a problem, but for smaller reinsurers and those focused on the competitive areas of the market, the fact the giants of the market aren't forecasting a return to profits seen in the past could be ...
Fox Business
November 29, 2017
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS BZX Real-Time Price. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data ...
Reinsurance News
November 15, 2017
According to reinsurance giant Munich Re, the post-loss rate increases coming at the January 2018 and future reinsurance renewals could be higher than those witnessed after the 2011 earthquake industry losses. Munich Re logo on a sign While overall industry losses to insurance and reinsurance ...
Business Insider
November 10, 2017
FRANKFURT, Nov 9 (Reuters) - Insured losses from three big hurricanes in North America this year have cost the industry around $100 billion, German reinsurance giant Munich Re said on Thursday. Damages from storms Harvey, Irma and Maria of that magnitude would exceed by far industry-wide lossesÃÂ ...
TechCrunch
November 6, 2017
Its home insurance product is intended to lean on sensor tech and .... As well as Zoopla, another strategic partnership is with Munich Re, which ...
Reinsurance News
November 6, 2017
He joins LSM from reinsurance giant Munich Re, where he was Vice President (VP) for two years. Love started his re/insurance career with ...
BBC News
October 26, 2017
"We will continue to offer our clients full reinsurance capacity." ... Munich Re is not the first major insurance company to see its profits dented by ...
Reinsurance News
October 22, 2017
Dr. Arnoldussen has a long history in business development across both insurance and reinsurance sectors, most recently as a senior member ...
Business Insurance
October 19, 2017
Hamilton Insurance Group Ltd.'s board of directors said Thursday that longtime Munich Reinsurance Co. executive Pina Albo has been named ...
Insurance Business (blog)
October 17, 2017
Beazley and Munich Re are seeing strong demand for holistic cyber ... Head of cyber solutions for Munich Re's corporate insurance partner ...
Reinsurance News
October 11, 2017
Steve Levy is the President of the Reinsurance Division at Munich Reinsurance America, Inc., the U.S. arm of Munich Re. In a recent blog on ...
Reinsurance News
December 31, 1999
German insurer Ergo, a division of global reinsurer Munich Re, has revealed plans to launch a new industrial insurance unit as part of its restructuring and has also announced changes to management. Mathias Scheuber will become head of the group's subsidiary Ergo Versicherung AG, replacing Markus ...
Intelligent Insurer (blog)
December 31, 1999
Blenheim Underwriting Limited (Syndicate 5886) has launched its accident and health and specialty reinsurance divisions as part of its recently ...
Digital Journal
August 3, 2017
Global Travel Insurance Market 2017- Allianz, Prudential, Munich Re Group, ... 2017 "Global Travel Insurance Market" lists the ruling vendors and provides ... Along with a consequential data of 2016, global Travel InsuranceÃÂ ...
Artemis.bm (blog)
August 3, 2017
... pandemics, and is backed by pandemic cat bonds and reinsurance capacity. ... Project Lead for Munich Re's Global Epidemic Risk Business, Gunther ... a common feature of the insurance-linked securities (ILS) space thatÃÂ ...
Reinsurance News (registration)
July 26, 2017
General Manager, Non-life, Munich Re Australasia, Hawkins, warned of ... Earthquake insurance premiums in the country spiked after the 2010 ... of a situation where investors of reinsurance companies cease funding as theyÃÂ ...
The Press
July 25, 2017
Scott Hawkins, of reinsurance giant Munich Re, told an building industry conference in Wellington on Wednesday there could be a "knee jerkÃÂ ...
Reinsurance News (registration)
July 19, 2017
U.S. thunderstorms lead mid-year catastrophe losses: Munich Re ... 2017 severe weather event related insurance and reinsurance losses have ... so far this year, and last year, when the re/insurance industry was dealt aboveÃÂ ...
Financial Tribune
July 19, 2017
Iran's Saman Insurance Company has signed a contract with the world's largest reinsurance company Munich Re, the CEO of SamanÃÂ ...
Insurance Journal
July 11, 2017
Plug and Play presented Munich Re and Mozeika with one of 10 ... and Underwriting Operations in the Reinsurance Division of Munich Re, US.
Insurance Business
July 6, 2017
Munich Re has launched a new commercial drone endorsement for insurance ... president, reinsurance division strategic products, Munich Re America. ... to an existing commercial general liability insurance policy purchasedÃÂ ...
Insurance Journal
July 6, 2017
Munich Reinsurance America Inc. (Munich Re, US), has launched a new commercial drone insurance product that offers customized liability forÃÂ ...
WhaTech
March 11, 2017
Companies like American International Group, The Chubb Corporation, Zurich Insurance, Xl Group, Berkshire Hathaway, Allianz Global Corporate, Munich Re Group, Lloyd's, Lockton Companies, Aon Plc, Bitsighttechnologies, Security Scorecard, Pivot PointÃÂ ...
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