Parametric Insurance Cover Provides French Farmers with Drought Relief August 2, 2019 By Inti Landauro Hundreds of French farmers who signed up for specialist policies aimed at insuring against freak weather are getting swift payouts...
Space Insurance Premiums Could Double After European Vega Rocket Crash July 31, 2019 By Carolyn Cohn, Tom Sims and Noor Zainab Hussain Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which...
Norway Insurer Protector Expects Q2 Loss After Grenfell Fire Ruling with Munich Re July 10, 2019 Shares in Protector Forsikring fell 12% on Wednesday after the Norwegian insurer warned about a second-quarter loss, partly because it...
Pool Re Buys Non-Damage BI Retro Cover in Program Led by Liberty Specialty July 8, 2019 Pool Re, Britain’s terrorism reinsurer, announced the placement of its new retrocession program covering non-damage business interruption (NDBI) losses. The...
30% of Disaster Claims Settled After Desk Audit Using Munich Re Remote Tool, Images July 1, 2019 By Jim Sams Munich Re had teamed up with a unit of the National Insurance Crime Bureau to offer insurance carriers an analytics...
Dutch Insurer Weighs Cutting Cover for Gambling, Arms, Nuclear Power June 24, 2019 By Ruben Munsterman and Will Hadfield Europe’s biggest insurers refuse to sell policies to coal miners and arms producers. A Dutch firm may go further by...
Nobody Seems to Know Why Hail Storm Losses Suddenly Began Rising in 2008 June 17, 2019 By Brian K. Sullivan In 2008, the year the stock market crashed and Barack Obama won the presidency, the U.S. was hit with a...
Munich Re to Offer Coverage for Curv Digital Assets, Cryptocurrency May 17, 2019 Curv, a cloud-based institutional digital asset wallet service, has partnered with Munich Re to provide insurance protection of up to...
Munich Re Forms Global Partnership with Telematics Provider The Floow May 16, 2019 Munich Re disclosed it will partner globally with telematics provider The Floow. The deal will help strengthen Munich Re’s telematics...
Munich Re’s Q1 Profit Drops 23.5% on Higher Claims Payments from Previous Years May 8, 2019 German reinsurer Munich Re reported a 23.5 percent decrease in its first quarter net profit to €633 million ($708.6 million)...