Eight P&C Insurers Get Top Marks for Climate Change Risk Management October 22, 2014 By Laura Davison Munich Re and ACE Ltd. are among insurers that are best prepared to manage risks related to climate change, a...
Munich Re Second-Quarter Profit Rises 45% on Investment Gains August 7, 2014 By Oliver Suess Munich Re, the world’s biggest reinsurer, said second-quarter profit rose 45 percent helped by higher investment income. Net income advanced...
Best Revises Insurance Holding Company and Debt Ratings: Companies Affected May 12, 2014 A.M. Best announced that it has made some revisions to the criteria it uses in constructing its ratings reports, which...
Strong Euro Decreases Munich Re’s Q1 Net Profit, Premium Income May 8, 2014 The world’s largest reinsurer, Munich Re, reported an almost 5 percent drop in net profit in the first quarter, as...
2013 Floods Prove Positive Results from Defense Measures: Munich Re April 1, 2014 A study from Munich Re notes that although natural catastrophe losses in 2013 were dominated by floods, “detailed analyses have...
Aon Benfield Securities Completes Quake Protection for Israeli insurer I.D.I. March 5, 2014 Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, announced that it has...
Falling Reinsurance Rates Presage Sector Shake-out February 25, 2014 By Jonathan Gould A slump in reinsurance prices is playing to the strengths of the biggest global reinsurers, while piling pressure on smaller...
Munich Re Opening New Office in Minnesota February 6, 2014 Global reinsurer, Munich Re, announced it is expanding its presence in the U.S. health reinsurance business with the opening of...
Munich Re to Buy Hartford Steam Boiler Unit’s Headquarters Building in Conn. January 23, 2014 By Alexandria Baca Munich Re, the world’s largest reinsurer, said its Hartford Steam Boiler agreed to buy the 24-story building that serves as...
Munich Re’s Review of 2013 Cat Losses Focuses on Weather-Related Events January 7, 2014 In its annual review of loss events in the past year, Munich Re emphasized the “exceptionally high losses from weather-related...