Reinsurers are running out of claims reserves that they can release to boost profits as pricing continues to fall, according...
Munich Re News
Munich Re, the world’s second-biggest reinsurer, plans to increase its dividend more than expected after fourth-quarter profit remained unchanged from...
Munich Re will acquire an additional 23.27 percent of shares of Apollo Munich Health Insurance Co. Ltd., from its joint...
Insurers paid out around $27 billion for natural disaster claims last year with weather causing 94 percent of incidents, underscoring...
Munich Re, the world’s biggest reinsurer, said third-quarter profit slumped 29 percent on a decline in earnings from investments. Net...
A.M. Best has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit ratings of “aa-” of Munich...
A bulletin from Munich Re notes that the “risk landscape for insurers and their clients is changing faster than ever...
Dublin-based XL Group plc announced that XL Innovate*, the venture capital fund sponsored by the company, has acquired all of...
Warren Buffett’s Berkshire Hathaway Inc. has cut its stake in Munich Re after lamenting a slump in the reinsurance business....
Munich Re and Marsh & McLennan Cos., the largest insurance broker by market value, introduced a product to insure U.S....