Munich Re
Insurers paid out $50bn for natural disasters in 2016
Insurers paid out $50bn (£41bn) in natural disaster claims during 2016, making it the costliest year for natural catastrophe losses since 2012.
C-Force: It's time to unmask the claims heroes
2016 was a big year for insurance claims – but who are the people behind the scenes, making sure customers receive the best service possible?
Trumped out of Iran: US politics and the London Market ‘gold rush’
One year on from the lifting of sanctions on Iran, what has changed?
Zurich acquires Australian travel group Cover-More for A$741m
Insurance giant Zurich is aiming to become a top three global travel insurance provider after an agreement to buy Sydney-headquartered group Cover-More for A$741m (£439m).
Munich Re eyes up Iran entry
Munich Re is considering plans to provide its insurance services to Iran following sanctions relief at the beginning of the year, according to Iranian news broadcaster Press TV.
Insurtech firm Wrisk signs deal with Munich Re
Insurtech start-up Wrisk will see capacity provided by Munich Re for business written in the UK, Europe and US.
Munich Re's Q3 profits rise 31%
Reinsurance giant Munich Re has seen its profits climb 31% in the third quarter of 2016 compared with the same period last year.
Blog: Think like a start-up or face digital insurance failure
Last week, Post gathered more than 150 people together at the Business Design Centre in Islington for the first ever Digital Insurance World.
Five insurers launch Blockchain pilot
Five of the largest insurers have joined forces in a pilot scheme to test the impact of Blockchain on the industry.
IUMI to open Asia office in Hong Kong
The International Union of Marine Insurance is set to open an Asia office in Hong Kong.
XL Innovate backs peer-to-peer start-up Lemonade with 'significant investment'
XL Innovate has made a "significant investment" in peer- to-peer insurance company Lemonade.
Munich Re CEO confident on pricing after increase in catastrophes
Nikolaus von Bomhard, Munich Re's CEO, has said reinsurance prices are bottoming out based on July's renewals.
Natural catastrophes hit Munich Re's first half profits; CEO warns on Brexit
Reinsurer on track despite Munich Re's 24.4% first half operating profit fall to €1.4bn (£1.2bn) compared with €1.9bn in H1 2015.
Munich Re seeks buyer for Great Lakes Australia
Munich Re is looking to speed up the sale of its Australia and New Zealand specialist insurer Great Lakes Australia.
Arch's Weatherstone and RSA's Hancock among six London Market executives elected to IUA board
Six senior London Market executives have been elected to the governing board of the International Underwriting Association.
Munich Re subsidiary to axe around 1,800 jobs in Germany amid 'brutal' cost cutting
Munich Re’s primary insurance group, Ergo Group, has announced plans to lower its cost basis and inject a total net figure of €1bn to 2020, but 1,800 jobs will go as part of the changes.
Munich Re's Ergo buys 40% stake in Thailand insurer
Munich Re-owned insurer Ergo has agreed to buy a 40.3% stake in Thailand-based Thaisri Insurance for an undisclosed sum.
Munich Re sees profit tumble in first quarter
Munich Re has seen its quarterly profits fall by 45%, causing the group to revise downward its annual profit forecast.
Munich Re CEO to step down
Nikolaus von Bomhard will depart as CEO of reinsurer Munich Re in April 2017, with his role to be filled by Joachim Wenning.
Ageas will replace UK General capacity deal
Ageas will look to replace the agreement it had with UK General after it was announced Great Lakes Reinsurance (UK) will takeover as the managing general agent's major capacity provider.
The Post Power List 2016
In a year where regulation, natural disasters, consolidation and cyber/digital again look set to make waves, and when the country could learn if it’s in or out of the European Union, Post had a mind mapping session – with a bottle of wine – to see who…
Rank: 14 - Frank Buchsteiner, managing director, Munich Re UK
Munich Re is the world’s biggest reinsurer.
UK General signs three-year capacity deal with Great Lakes
UK General has signed a three-year capacity agreement with Munich Re subsidiary Great Lakes Reinsurance (UK), which replaces Ageas as UK General's major capacity provider.
Munich Re releases €1.4bn of reserves as it records €3.1bn profit despite Ergo struggles
Munich Re this morning reported a consolidated profit of €3.1bn (£2.5bn) (2014: €3.2bn) for 2015 on gross written premiums of €50.4bn (2014: €48.8bn).