Munich Re
Admiral strikes new reinsurance deals with Mapfre and XL Re
Motor insurance specialist Admiral this morning revealed that it plans to extend its existing reinsurance partnerships with Swiss Re, New Re and Hannover Re and is entering into new deals with Mapfre Re and XL Re for 2011 to 2013.
Munich Re acquires Windsor Group
German reinsurance firm Munich Re has agreed to acquire Windsor Health Group.
QBE set to cut four Evergreen staff as part of rebrand
QBE has confirmed it is to re-brand its December 2009 purchase Evergreen.
Munich Re: renewable energy premium volumes set for 240% growth
In line with political targets, the share of renewable energies in power generation in Germany is expected to increase from a current 10% to 60% by the middle of the century.
Warren Buffett plans to buy more Munich Re shares as he passes 10% threshold
Munich Re has today confirmed that Warren Buffett, and his various assets, now have 10% of voting rights in the company.
Munich Re affirmed as A+ by AM Best
AM Best has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Munich Re and its subsidiaries.
Munich Re affirmed as A+ by AM Best
AM Best has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Munich Re and its subsidiaries.
Exposure management in action - Munich Re
In 2009, Munich Re - which pursues an integrated business model consisting of both primary insurance and reinsurance - achieved a profit of €2.56bn on premium income of around €41bn. It operates in all lines of insurance, with around 47,000 employees…
Munich Re launches solar panel cover
Munich Re has unveiled a new performance warranty for solar panels in the US.
Swiss Re chief risk officer departs in management shake up
Swiss Re has established a new leadership structure, which it claims broadens the market representation at executive committee level and better align with client needs.
Swiss Re chief risk officer departs in management shake up
Swiss Re has established a new leadership structure, which it claims broadens the market representation at executive committee level and better align with client needs.
Top 100 Insurers 2010: Navigating choppy waters
This year's top 100 rankings show the major players dropping anchor in stormy seas, while smaller groups make waves of their own with significant jumps in GWP. Jonathan Swift examines the statistics.
Brand analysis: A robust year for insurance brands
Despite the ongoing disruption in the financial services sector, the brand value of insurers has seen a healthy increase. James Park reports on the results and looks at the opportunities for the coming year.
Post powerlist 2010: The influential crowd
Over the past 12 months the UK insurance industry has faced the global recession head on, taken the change of government in its stride and has shown that it is ready to face oncoming regulation in the form of Solvency II. Below we name the major players…
News analysis: H1 reinsurer results slump
Bermudan reinsurers recorded huge drops in profits following heavy claims from the catastrophes experienced in the first half of the year, though elsewhere some reinsurers fared better, writes Katherine Blackler.
Neal Bill opposition grows
Opposition to the bill proposed in the US congress by senator Richard Neal has continued to grow this month, with the CEA and German government both voicing opposition.
Collins Stewart: main reinsurance markets will continue to soften
Collins Stewart hosted a call with Alistair Lockhart-Smith, MD of JLT Re, for feedback from Monte Carlo on Thursday afternoon.
Cunningham Lindsey New Zealand CEO: clear up could take “years”
Speaking to Post from Christchurch, New Zealand, Martyn Norrie, chief executive of loss adjuster Cunningham Lindsey’s New Zealand operation, said the operation to restore the city to normality could take “years”, considering government planning and…
IUMI conference preview: Ready to launch
Eric Alexander previews the upcoming International Union of Marine Insurance conference in Zurich and predicts what the hot topics for the market will be.
Insurance sector calls for environmental action
Four insurance climate change initiatives have today launched a global insurance industry statement on adapting to climate change in developing countries.
Climate change: Change on the horizon
Climate change is happening. Peter Höppe writes that the industry must act to limit global warming and also to provide adequate risk management and natural catastrophe cover, particularly in the developing world.
Munich Re records €709m profit in Q2 2010
Munich Re has achieved a consolidated profit of €709m (Q2 2009: €697m) in the second quarter of 2010.
Lloyd's & London market: Bargain hunt
It looks like investors searching for a piece of the action in Lloyd's can pick up a bargain right now, as depressed share prices shine a light on profitable businesses trading at a discount to their net asset value. Ralph Savage investigates whether a…
Top-25 reinsurance groups: In re we trust
As the world emerges from recession, reinsurance is in good shape: results improved in 2009 and market players have announced healthy combined ratios