Munich Re reports approximately €800 million (US$935 million) in COVID-19-related losses in reinsurance during the third quarter. The losses were...
Munich Re News
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...
Speaking at one of the many virtual conferences that took place in early September, Dan Malloy, chief executive officer of...
The Insurance Development Forum (IDF), a public-private partnership led by the insurance industry and supported by international organizations, announced the...
Munich Re has stopped selling coverage to protect against business losses in future pandemics after the German reinsurer took a...
Fitch Ratings said yesterday its ratings outlook for companies in the global reinsurance sector will continue to remain negative as...
Even before the coronavirus crisis hit, the re/insurance industry was in a period of significant rate hardening, which will likely...