Munich Re Forecasts 14% Jump in 2022 Profit as It Reports Bounceback From Pandemic February 23, 2022 German reinsurance group Munich Re on Wednesday forecast a 14% jump in profit this year as it reported a bounceback...
Munich Re Weighs Whether to Set Long-Term Profit Target of $3.3 Billion: Source January 23, 2020 By Stephan Kahl Munich Re is considering whether to set itself a long-term net income target of 3 billion euros ($3.3 billion) a...
Munich Re to Stop Investing in Coal-Related Business, Insuring New Coal-Fired Plants August 6, 2018 Munich Re, the world’s biggest reinsurer, will stop investing in bonds and shares of companies that generate more than 30...
Reinsurers Invest in Fintech Startups to Diversify and Grow in Soft Market August 11, 2017 By Oliver Suess When Micah Carr-Hill wanted to insure Chief, the Labrador that helps with his son’s autism therapy, he found an ally...
Munich Re’s New CEO Wenning to Take ‘Hard-Nosed’ Approach April 28, 2017 By Tom Sims Joachim Wenning admitted he would not be to everyone’s liking long before taking the helm of Germany’s Munich Re. That...
Munich Re’s Q1 Net Income Drops to $489.9M; Annual Profit Target Revised May 10, 2016 By Oliver Suess Munich Re, the world’s second-biggest reinsurer, revised its full-year profit target to include restructuring charges at its primary insurance unit...
Munich Re Issues First Quarter Profit Warning on Lower Equity Investments April 27, 2016 By Oliver Suess Munich Re, the world’s second-biggest reinsurer, fell the most since August 2013 after saying first-quarter profit will be lower than...
Munich Re Names Wenning as CEO to Succeed von Bomhard in April 2017 March 15, 2016 By Oliver Suess Munich Re, the world’s second-biggest reinsurer, named Joachim Wenning to succeed Chief Executive Officer Nikolaus von Bomhard as the industry...