All Munich Re articles – Page 3

  • munichRe1

    Munich Re posts quarterly result of approx. €200m


    In the third quarter, Munich Re registered COVID-19-related losses totalling about €800m in reinsurance. The losses were attributable to various business lines, such as insurance for major events and other property-casualty lines, and the life and health business.

  • Pandemic

    COVID-19 a “wake-up call”


    Pandemic highlights the ”staggering potential” for uninsurable systemic risks, according to re/insurer Munich Re

  • Doris Hopjke Munich Re

    Munich Re expects further hardening of markets


    Following years of eroding rates caused by excess capacities and low major-loss expenditure, particularly in European markets, low interest rates – likely to remain even lower for even longer due to the coronavirus pandemic – are impacting the profitability of reinsurers. Insurance covers are therefore likely to become more expensive, ...

  • Stefan-Golling
    People & Opinion

    Stefan Golling appointed to the Munich Re Board of Management as of 1 Jan 2020


    The Supervisory Board of Munich Reinsurance Company has appointed Stefan Golling (44) to the Munich Re Board of Management as of 1 January 2021. Management of the Global Clients and North America Division will pass to Mr. Golling from Dr. Peter Röder, who has chosen to step down from the ...

  • Torsten Jeworrek

    Pay-per-part: TRUMPF and Munich Re plan new business model for the manufacturing industry


    ”The cooperation with TRUMPF is an outstanding example of how the combination of Munich Re Group’s various offerings – risk solutions, IoT technology and financing – makes it possible to develop innovative business models for the industry. We are convinced that such partnerships represent a forward-looking response ...

  • Torsten Jeworrek

    Munich Re: Pandemics, climate change, cyber: Major risks of our time – Better preparation needed


    ”The coronavirus pandemic needs to be a lesson to us all: We must take action more rapidly and vigorously to ensure that we are not as unprepared as we were with COVID-19 for risks such as cyber attacks or climate change. It is possible to better safeguard against the financial ...

  • munichRe1

    Munich Re issues green bond


    For the first time in its history, Munich Re has issued a subordinated green bond, with the volume issued amounting to €1.25bn. This bond highlights Munich Re’s commitment to using the capital markets to help achieve a climate-friendly transformation of the economy. Munich Re will use the raised capital to ...

  • money

    Munich Re-backed insurtech raises extra £1.6m for growth in new markets


    Munich Re-backed insurtech Urban Jungle has raised an extra £1.6m for growth as it prepares to expand into new markets. Despite the pandemic having an impact on the insurtech sector, Urban Jungle has managed to raise funding yet again.

  • dollars, finances

    USD 30mn invested in Softlogic Life’s growth by Finnfund, NorFund and Munich Re


    Norfund and Finnfund are impact investors funded by the governments of Norway and Finland and private capital markets whose objectives are to fund sustainable development through responsible and profitable businesses across the globe. What makes the transactions even more significant are that they are being executed amidst the ongoing COVID-19 ...

  • munichRe1

    Coronavirus: Impact on Munich Re


    Since the World Health Organization declared the outbreak of the coronavirus to be a pandemic, the world has been in a state of emergency. The drastic measures taken by the affected countries to contain this pandemic underline the seriousness of the situation – for societies, the economy, and every individual.