Activist Group Calls on Insurers to Sue Oil Companies for Climate Damages November 29, 2021 By Tom Sims FRANKFURT – A prominent activist is calling on insurers like Swiss Re to explore suing major oil companies for climate-related...
Big Europe Reinsurers See Strong 9M Earnings Despite High Natural Disaster Losses November 15, 2021 All four major European reinsurers reported a strong improvement in earnings for the nine months, compared to the same period...
Munich Re Doubles Q3 Profit Despite Big Storm Losses in Europe, U.S. October 20, 2021 German reinsurer Munich Re doubled its profit in the third quarter, despite big losses from storms in Europe and the...
Munich Re, Hannover Re Expect Rising Prices After Floods in Germany October 18, 2021 German reinsurance companies Munich Re and Hannover Rueck said on Monday they expect rising prices for their business in Europe...
Munich Re’s Venture Arm Raises $500M for Fund Focused on Insurtech, Cybersecurity October 13, 2021 Munich Re Ventures, the venture capital arm of Munich Re Group, has closed its new $500 million investment fund, with...
Connected Motor Insurtech Ticker and Abacai Partner to Raise Capacity, Expand Offering September 29, 2021 UK connected motor insurtech Ticker and Abacai Group have partnered to increase Ticker’s capacity and introduce new levels of pricing...
Investors in Insurance-Linked Securities Seek to Avoid Exposure to Secondary Perils September 28, 2021 By Susanne Sclafane Investors in insurance-linked securities are leaning toward structured catastrophe bonds rather than broader ILS instruments to steer away from unexpected...
Writing Cyber Is Key to Survival, Munich Re Exec Says September 14, 2021 By Susanne Sclafane Trumpeting a message that he conceded might be different from peers, Stefan Golling, a member of Munich Re Board of...
Munich Re Moves Ahead of Swiss Re as Reinsurer With Most GPW: AM Best September 2, 2021 Munich Re replaced Swiss Re as the largest reinsurer in AM Best’s annual ranking of the Top 50 Global Reinsurance...
Europe Reinsurers’ H1 Profits Climb on Lower COVID Claims, Hardening Prices: Moody’s August 19, 2021 The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits...