Munich Re
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).
End of marine market cycles, suggests Munich Re's Berg
Dieter Berg, executive general manager at Munich Re, believes the traditional marine market cycle might be over as premiums decline in a prolonged soft market.
Man remanded in custody after Liverpool bomb scare in insurer's office
Merseyside Police on Friday (8 January) arrested a man who entered the premises of Munich Re subsidiary Groves, John & Westrup carrying a "suspect package".
Insured catastrophe losses were $27bn in 2015, says Munich Re
Insured natural catastrophe losses were $27bn (£18.3bn) in 2015 down from $31bn in 2014 and an average of $34bn over the past 30 years according to reinsurance giant Munich Re.
Watkins Syndicate to rename as Munich Re
From 1 January 2016 Watkins Syndicate 457 in addition to its managing agent Munich Re Underwriting will be renamed Munich Re Syndicate.
Flood Re secures £1.29bn towards reinsurance target
Munich Re and Swiss Re are the leading reinsurers that have so far contributed to the £1.29bn yearly cover for the Flood Re scheme.
Munich Re hit by €175m Tianjin loss
Munich Re said it expects a net exposure of €175m (£125m) for the explosion in the Chinese port of Tianjin.
Dual appoints Allianz's Booth as non-executive chairman
Hyperion has appointed Clem Booth as non-executive chairman of its underwriting arm, Dual.
Europe: Insurers see opportunities in Chinese volatility
Insurers are confident they see opportunities arising from the recent Chinese stock market volatility, despite AM Best warning it could make it even harder to find good returns.
Warren Buffet reduces Munich Re shareholding
US investor Warren Buffet has reduced his shareholding in Munich Re, the German-based firm has said.
Top 100 UK Insurers 2015: Top 20 insurers: Regional office map
See where the top 20 UK insurers have their regional offices in 2015 (headquarters not featured)
German insurers have largest foothold in €3.86bn travel and assistance market
The stand-alone travel insurance and assistance market across 20 European countries totalled €3.86bn (£2.45bn) in terms of gross written premiums in 2014 and is forecast to rise to €4.54bn by 2018.
Munich Re upgrades profit estimate after drop in major losses
Munich Re has upgraded its profit forecast for 2015 to above €3bn after tax (£2.1bn) on the back of encouraging second quarter results.