Munich Re
Eastern European markets key to Austrian insurers' prospects
Prospects for Austrian insurers are closely linked to insurance markets in Central Eastern and Southern Eastern Europe, where more than one-third of their premium income originates, according to a new report.
The growing interest in renewable energy
The renewable energy market is gaining in popularity across Europe and insurers seem keen to be at the forefront of the sector. Anne-Louise Fogtmann explores whether the market insurers have enough knowledge of new technology in this sector and what they…
Munich Re's losses slow in second quarter
Munich Re posted a consolidated loss of €210m for the first half of 2011, compared with a profit of €1194m in the same period last year.
Munich Re's losses slow in second quarter
Munich Re posted a consolidated loss of €210m for the first half of 2011, compared with a profit of €1194m in the same period last year.
Munich Re transfers European windstorm risks to capital markets
Munich Re has acquired coverage for European windstorm risks with volume of $150m from Queen Street III Capital, which in turn has placed a catastrophe bond for this amount on the capital markets.
JLT warns pharma firms of non-damage risks
Broker JLT claims regulatory fears, intellectual property risks and counterfeiting are driving demand for its EPIC non-damage business interruption product developed for the life science and pharmaceuticals market
Sport - Olympics: The Olympic challenge
With only 12 months to go until the opening ceremony, Rachel Gordon attempts to break through the veil of secrecy and assess the insurance industry's role in the London 2012 Olympics.
Munich Re in solar energy deal in Spain and Italy
Munich Re and investment firm Kohlberg Kravis Roberts & Co have partnered to acquire a 49% equity stake in Grupo T-Solar, the largest European solar photovoltaic power generator.
Munich Re in solar energy deal in Spain and Italy
Munich Re and investment firm Kohlberg Kravis Roberts & Co have partnered to acquire a 49% equity stake in Grupo T-Solar, the largest European solar photovoltaic power generator.
Munich Re and Oxygen offer IP cover
Munich Re and Oxygen have joined forces to launch an intellectual property product.
Property cat rates rise after global losses
US property catastrophe rates have increased due to global losses and new versions of catastrophe models. However, the reinsurance sector's capital position remains dependent on the hurricane season.
Munich Re and Marsh team up for geothermal energy risk
Project developer Exorka, insurance broker Marsh and Munich Re have jointly developed an insurance concept covering the exploration risk of a geothermal energy project in Taufkirchen, near Munich.
Regulation tops London market agenda
Uncertainty around regulatory issues - from the replacement of the Financial Services Authority to a global focus on the perceived systemic risks of the insurance sector - remain top of the agenda for London company market insurers.
Marsh and Munich Re offer nat cat services
Marsh has launched a suite of services that aims to assist clients in managing their natural catastrophe risks more effectively and speeding up recovery from any losses.
Munich Re insurer ERGO ratings affirmed
Fitch Ratings has affirmed Germany-based insurer ERGO Lebensversicherung AG's (ERGO Life) and DKV Deutsche Krankenversicherung AG's insurer financial strength ratings at 'AA-'.
Insurance think tank publishes annual survey findings
Think tank The Geneva Association has published the results of its annual membership survey of the views of more than 80 insurance CEOs on international regulatory efforts to contain systemic risk, national government response to climate change and the…
Editor's comment: Still after a piece of the motor market action
Despite the horrendous combined operating ratios and losses that have piled up in the UK personal lines motor market in recent years, it still holds a fascination for many.
Prostitutes invited to Munich Re-owned Ergo party
Munich Re has confirmed that one of its business units invited 20 prostitutes to a Budapest party to reward the insurer’s high- performing agents.
Prostitutes invited to Munich Re-owned Ergo party
Munich Re has confirmed that one of its business units invited 20 prostitutes to a Budapest party to reward the insurer’s high- performing agents.
Reinsurer cat budgets exhausted after Q1
Reinsurers' annual budgets have been exhausted after the major natural catastrophe losses in the first quarter were followed by 150 tornadoes hitting 13 south-eastern US states last month. According to Dominic Simpson, vice president, senior credit…
Munich Re still predicting 2011 profit despite €2.7bn Q1 nat cat hit
Munich Re posted a consolidated loss of €948m (£834m) for the first quarter of 2011 (previous year: profit of €485m).
Mapfre buys Munich Re Middlesea stake
Spanish insurer Mapfre has purchased Munich Re’s 19.9% shareholding in Maltese firm Middlesea Insurance.
Q1 nat cats not market-turning
Total industry insured large losses since the third quarter of 2010 of $32bn will not be enough to turn the reinsurance market, an analyst has warned.
European insurers call for Solvency II non-compliance fines
European insurers would like to see the European Insurance and Occupational Pensions Authority fining regulators where Solvency II is not applied equally across the European Union.