Munich Re Issues Green Bond in U.S. Market, in a First for a European Insurer May 24, 2022 Following its successful placement of green bonds in 2020 and 2021, Munich Re has successfully placed its first green subordinated...
Munich Re Launches Validation Service for Artificial Intelligence Systems May 18, 2022 Munich Re is aiming to enhance acceptance of artificial intelligence (AI) with its new CertAI validation service, which provides objective...
Natural Disasters, Ukraine War Weigh on Q1 Results of Europe’s Major Reinsurers May 16, 2022 By L.S. Howard Three out of four of the major European reinsurers reported their profits were negatively affected as a result of elevated...
Howden, Munich Re and Skyline Develop Parametric Cover for Jamaica Farmers May 2, 2022 Howden, the London-based insurance broker, has worked with Munich Re and Skyline Partners to develop a product that protects the...
Hong Kong-Based Digital Assets’ Insurer Weighs SPAC, Partners With Munich Re April 12, 2022 By Sarah Zheng OneDegree, a Hong Kong-based insurer of digital assets, has been approached by investment banks about going public through a blank-check...
Munich Re Exits From Russian, Belarusian Business March 16, 2022 Munich Re is joining other insurers, reinsurers and brokers that have withdrawn from business with Russia. Condemning Russia’s attack on...
Munich Re Forecasts 14% Jump in 2022 Profit as It Reports Bounceback From Pandemic February 23, 2022 German reinsurance group Munich Re on Wednesday forecast a 14% jump in profit this year as it reported a bounceback...
Threat of War in Ukraine Biggest Risk for Insurers of Beijing Winter Olympics February 4, 2022 By Noor Zainab Hussain and Carolyn Cohn The threat of war between Russia and Ukraine is the biggest risk for insurers offering coverage during the Beijing Winter...
Global Life Insurers Adapt Pandemic Risk Models After Unexpected Jump in Claims January 13, 2022 By Carolyn Cohn and Noor Zainab Hussain A coronavirus pandemic which lasts five years, another pandemic in a decade, and ever more transmissible variants are among the...
Natural Disasters Cost Insurers $120B in 2021. Munich Re Points to Climate Change Link. January 10, 2022 Natural disasters across the globe caused economic losses of US$280 billion in 2021, of which roughly US$120 billion were insured,...