Munich Re
Munich Re is a multinational insurance company based in Germany. They are one of the top providers of reinsurance, primary insurance, and insurance-related risk solutions in the world
See below for the Latest Munich Re News, Analysis, Profit Results, Share Price Information, and Commentary.
Insurance revenue climbs 5.5% YoY in Munich Re's Q1’24
Man-made major losses rose to $451m, the largest being the bridge collapse in Baltimore.
Insurance revenue climbs 5.5% YoY in Munich Re's Q1’24
Man-made major losses rose to $451m, the largest being the bridge collapse in Baltimore.
Munich Re projects $2b net profit in Q1’24
It forecasts a net profit of €5b for the year, 9% higher than 2023.
Munich Re's regional restructuring focuses on P&C business
New leaders have been selected for Japan, Korea, and India.
Cyber risks escalate with ransomware on the rise: Munich Re
Global cybercrime costs will reach $13.8t by 2028.
Munich Re HealthTech taps Bilal Ramadan as CEO
Ramadan succeeds Gerry Raftopoulos, who served the HealthTech arm for 28 years.
Munich Re records $3.9b profit in 9M23
The German reinsurer has been following the new reporting standards IFRS 9 and 17.
Munich Re’s preliminary net operating performance saw $1.3b, higher than expected
P&C business saw major dips, lower than expected.
Moody’s RMS assembles cyber insurance steering group
It includes industry giants such as Munich Re and Gallagher Re.
Risk professionals and strong financials are needed for reinsurance volatility
Risks in the reinsurance market are evolving, forcing the industry to innovate and leverage technology.
Less than half of APAC’s natural disasters were insured in the first semester 2023: Munich Re
Calamities that occurred during the period reaped losses worth $7b.
Munich Re profits reach $3.62b in profit
The insurer beat its profit guidance of $3.3b.
Munich Re appoints Surbhi Goel as head of property & casualty in SG, SEA
She has over 20 years of experience.
Munich Re names Tobias Frenz as CEO of Singapore branch
He will continue to be based in Singapore.
OneDegree announces three-year partnership with Munich Re
Together they will launch OneInfinity, a digital asset insurance product.
Munich Re appoints new senior regional exec
Michaela Hannemann will be based in Singapore.
Zensung, ERGO, Munich Re to launch ‘GO GREEN’ insurance policy
It will be delivered through the “Parrot” mobile application and policyholders can monitor their trips and CO2 emissions.
How the Asian energy insurance sector is making moves despite shifting demands
NOCs will still explore oil & gas options, but some investments will be directed at renewable projects.