Munich Re News

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Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs

Feb 18 2026 // Munich Re’s primary insurance unit ERGO aims to cut about 1,000 positions in Germany, partly as a result of its increased use of artificial intelligence. The cuts affect simple and repetitive tasks in telephony and...

Markets/Coverages: Munich Re Launches Pandemic Consortium via Lloyd’s Market

Feb 3 2026 // Munich Re Specialty – Global Markets, Syndicate announced the launch of The Pandemic Consortium, a Lloyd’s market initiative which will be focused on offering parametrically triggered catastrophic communicable...

Munich Re May Trim Headcount Through Voluntary Buyouts at Ergo Insurance Unit

Jan 23 2026 // German reinsurer Munich Re is planning to reduce jobs through attrition but may turn to voluntary buyouts at its ERGO insurance unit, CEO Christoph Jurecka said. Speaking to journalists on Thursday evening in Munich,...

NEXT Insurance in California Rebrands as ERGO NEXT Insurance

Jan 16 2026 // Palo Alto, California-based NEXT Insurance will now be operating as ERGO NEXT Insurance, a new brand identity that the company says reflects its next phase of growth as a small businesses insurance provider. The updated...

Wildfires, Storms Fuel 2025 Insured Losses of $108 Billion: Munich Re Report

Jan 13 2026 // Global insured losses from natural disasters fell to $108 billion last year, Munich Re said in a report on Tuesday. That compared with an inflation-adjusted $147 billion in 2024, the German reinsurer said, as the U.S....