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Munich Re posts €782m profit after Q1 loss last year
Munich Re has reported a consolidated profit of €782m in the first quarter compared to a loss of €948m during the same period last year.
Insurer |
08 May 2012 
Microinsurance up as insurer interest rises
Microinsurance schemes worldwide now reach an estimated 500 million people.
Insurer |
10 Apr 2012
European sovereign debt hits insurer profits
2011 was the worst year on record for natural catastrophes, yet it was cracks in the Dow Jones, faults in the FTSE and tremors on the Hange Seng that bothered many insurers more.
Insurer |
20 Mar 2012
Munich Re promises 2012 turnaround
Munich Re has claimed it has made a good start to 2012 and is aiming for a profit of around €2.5bn after announcing 2011 profit was slashed to €712m (2010: €2,430) in what it called "an extremely difficult environment".
Reinsurance |
13 Mar 2012
Munich Re transfers US hurricane and European windstorm risks to the capital markets
Munich Re has acquired coverage for US hurricane and European windstorm risks with a total volume of $75m from the special purpose insurer Queen Street V Re Limited, which in turn has placed a catastrophe bond for this amount in the capital markets.
Insurer |
28 Feb 2012
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Insurance Hound
A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis
Roundtable: Climate change - what are the implications?
Environment-related risks will shift significantly over the coming decades, so what can insurers, brokers and loss adjusters do to prepare for the future?
Claims |
21 Feb 2012
G Cube signs capacity deal with Munich Re
Renewable energy insurer G Cube has secured additional capacity from Munich Re to meet growing demand.
Insurer |
08 Feb 2012
Swiss Re and Mapfre take a bigger slice of Admiral
Admiral has extended its existing UK car insurance reinsurance partnerships with Hannover Re, Mapfre Re, New Re and Swiss Re into 2014.
Reinsurance |
03 Feb 2012
Munich Re profits down 70%, GWP up 9%
Exceptional major losses and “burdens from the financial crisis” slashed Munich Re’s profit last year by more than 70% to €0.71bn from €2.43bn in 2010. This was despite gross written premiums being up by almost 9% to €49.6bn (€45.5bn).
Reinsurance |
02 Feb 2012
Spotlight on environment: Providing protection
With climate change increasing the likelihood of natural disasters, insurers must influence the debate on how businesses and governments manage risks such as supply chain failure.
Insurer |
24 Jan 2012
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Insurance Insight
Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets
Spotlight on environment: Extreme measures
Extreme weather events can have enormous economic costs, with huge uncertainty surrounding them. So how can this uncertainty be communicated in a meaningful way to decision makers?
Reinsurance |
24 Jan 2012
Marine hull insurers await rating impact in wake of cruise ship sinking
The Costa Concordia cruise ship disaster has been called the largest insurance loss in maritime history with some suggesting it could be “bigger than the Titanic”.
Insurer |
24 Jan 2012
Munich Re suffers multi-million euro loss in ship disaster
Munich Re expects its share of claims from the stricken cruise ship Costa Concordia to be in the mid double-digit million euro range.
Reinsurance |
19 Jan 2012
Munich Re launches green energy risk cover
Reinsurer Munich Re has launched a new insurance product which covers the risk borne by operators that solar module output may, in the course of time, fall below the level guaranteed by a manufacturer which can no longer be held liable under its warranties...
Reinsurance |
18 Jan 2012
Munich Re: 2011 was worst year ever
Munich Re has said the sequence of earthquakes and large number of weather-related catastrophes made 2011 the costliest year ever in terms of natural catastrophe losses racking up $380bn of global economic losses.
Reinsurance |
04 Jan 2012
Comment
Interview
Interview: JLT's Dominic Burke - a thoroughbred performer
Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...
View from the top
View from the top: Airline insurance - the risk remains
Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...
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Events
2012 insurance industry report: The inside track to achieving a more sustainable business
To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.
Work equipment risks in the UK
The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.
CII encourages apprenticeships with new guide
Post |
24 May 2012 
Nationwide slams CMCs as PPI wipes £103m from balance sheet
Post |
24 May 2012
Experian joins forces with Transactor
Post |
24 May 2012
Suspected bogus broker arrested
Post |
24 May 2012
Mapfre appoints Midlands boss
Post |
24 May 2012
Editor's comment: Fleeing the family nest
This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...