Another year of record-high heat punctuated a decade-long increase in global temperatures that has placed the Earth’s economies dangerously close...
Munich Re News
Natural catastrophes around the world resulted in $210 billion in damage in 2020, with the United States especially hard hit...
In late January 2015, just after the deadliest outbreak of Ebola in history, then-World Bank President Jim Yong Kim stood...
There aren’t many contexts where $2 trillion seems like a paltry sum. Then a pandemic comes along. The economic fallout...
German reinsurance group Munich Re will no longer insure against events canceled due to pandemics, a board member said on...
Munich Re reports approximately €800 million (US$935 million) in COVID-19-related losses in reinsurance during the third quarter. The losses were...
The TRUMPF Group and Munich Re Group are entering into a strategic partnership for a “pay-per-part” business model, which enables...
Reinsurers and insurers for years have been worried about systemic risks – those uninsurable risks with the potential of surpassing...
Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Indeed,...
Next Insurance is in talks to raise new capital in a round that values the insurance technology startup at about...