Munich RE
Spain fines insurance groups over price fixing
Spain's competition regulator Thursday fined six insurance and reinsurance companies a record 120.7 million euros (179 million dollars) for alleged price-fixing in the construction...
Summary of Munich RE’s figures for the first nine months
The Group recorded a good operating result of €3,318m (2,654m) for the period from January to September, €1,211m of this in the third quarter....
Munich RE reports €1.8 billion profit for the first nine months of 2009
The world's biggest re-insurance group, Munich Re, said Thursday it aimed for a full-year net profit of between 2.2-2.5 billion euros (3.3-3.7 billion dollars)...
Solvency II: the principal challenge for Europe’s insurers
On an economic basis, many insurers experienced a drastic slump in their equity capital in 2008. The first signs of a recovery were only...
30th Congress of AIAG: Sustainable crop insurance systems needed throughout the world
From 4 to 7 October, Rome hosted the 30th biennial congress of the International Association of Agricultural Production Insurers (Association Internationale des Assureurs de...
Munich Re and National Health Insurance Company Daman extend strategic partnership
The National Health Insurance Company, Daman, the leading health insurance company in the United Arab Emirates, and Munich Re, one of the leading reinsurers...
New insurance solution launched to cover the risk of performance deterioration in photovoltaic modules
Munich Re, industrial insurance broker Marsh and photovoltaic producer Signet Solar have jointly launched a new insurance solution to cover the possible risk of...
Munich Re to resume its share buy-back programme and repurchase €1bn of shares
Munich Re intends to resume its suspended share buy-back programme and repurchase shares with a volume of up to €1bn by the 2010 Annual...
Interview with Torsten Jeworrek, Board member of Munich RE
The insurance industry is changing and with it the demands placed on reinsurance. Merely providing capacities at competitive prices will no longer off er...
Innovative renewable energy insurance facility introduced to cover risks in developing countries
Munich Re, RSA Insurance Group (RSA), and CarbonRe, with support from the Global Environment Facility (GEF) and the United Nations Environment Programme (UNEP), have...
Munich RE warns about rise of piracy and advise insurance product
Back in 2007, the ransoms demanded by pirates were generally still under the US$ 1 million mark. The sums which were ultimately paid amounted...
Munich RE, visionnary on space insurance policies
Forty years after man first set foot on the moon, the aerospace industry with its highly ambitious goals faces risks that are extremely difficult...
Munich Re redefines its positioning in reinsurance
Munich Re redefines its positioning in reinsurance: Emphasis on expanding risk knowledge and creating individual solutions for clients. Munich Re sees a steady shift...
Munich Re may resume its share buyback program
German reinsurance company Munich Re AG expects more moderate growth in the economy "very soon" and may resume its share buyback program if markets...
SBI-AXA life insurance introduces Japan’s first automated underwriting engine for life insurance
Japans SBI-AXA Life Insurance Company Ltd. today announced the launch of a new processing system for life insurance applications. This will allow faster applications...
Munich Re and Marsh join forces to develop solar energy coverage in Taiwan
Marsh, the leading insurance broker and risk adviser, and Munich Re, one of the world’s leading reinsurers, have joined forces to launch a new...
Munich Re offers innovative insurance solutions
Suppliers, project-development companies, operators of and investors in solar thermal power plants are players in a fast-growing market. Munich Re offers innovative insurance solutions...
Munich Health launches health coaching in Abu Dhabi
Demographic development, medical progress and changing lifestyles are resulting in costly medical treatments. These place a strain on healthcare systems worldwide – whatever stage...
Munich Re posts €1.1bn profit for first half-year 2009
In the second quarter of 2009, Munich Re recorded a profit of €703m, once more demonstrating its earnings strength. The result surpassed last year’s...
Recession : CBI survey shows Insurance companies are the most optimistic
Many parts of the UK’s financial services sector expect business volumes to rise in the next quarter after 21 months of falls, while optimism...
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