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)...
Munich Re Syndicate Singapore Partners with Lloyd’s Coverholder Nectar Specialty Risk April 18, 2019 Munich Re Syndicate Singapore (MRSS) has formed a partnership with Nectar Specialty Risk Pte Ltd. (Nectar), a Singapore incorporated limited...
Munich Re’s India Partner Weighs Selling Health Insurer Stake: Sources February 13, 2019 By Ganesh Nagarajan Prathap C. Reddy and his family, founders of India’s Apollo Hospitals Enterprise Ltd., plan to sell their holdings in an...
Munich Re Reports 56% Drop in Q4 Profit on Spate of Natural Disasters February 6, 2019 German reinsurer Munich Re on Wednesday reported a 56 percent decline in fourth quarter net profit after a spate of...
Failure to Mitigate Climate Change, Cyber Attacks Are Top Global Threats: WEF January 17, 2019 By Jill Ward The failure to tackle climate change and extreme weather events are the most threatening global risks this year, according to...
California Wildfires, Hurricane Michael Top List of 2018’s Costliest Natural Disasters: Munich Re January 8, 2019 By L.S. Howard The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael...