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AI:ERGO aims to cut about 1,000 positions in Germany

AI:ERGO aims to cut about 1,000 positions in Germany

by AIP Online Bureau | Feb 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Technology

The cuts affect simple and repetitive tasks in telephony and claims processing, a spokesman said on Tuesday. They will take place over five years through the end of 2030, with ERGO saying there will be no forced redundancies during this time. Munich Re’s primary...
Soft Market: Munich Re plans relocation of jobs to India Poland

Soft Market: Munich Re plans relocation of jobs to India Poland

by AIP Online Bureau | Jan 23, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

In early January, it became known that the world’s second-largest reinsurer plans to relocate jobs primarily to India and Poland as part of an efficiency program. There are no exact figures yet, its new CEO Christoph Christoph Jurecka said Munich Re is under...
Germany’s Munich Re to buy $2.6 billion Next Insurance

Germany’s Munich Re to buy $2.6 billion Next Insurance

by AIP Online Bureau | Mar 20, 2025 | International News, Non-Life, Reinsurance

Ergo, the primary insurance business of reinsurer Munich Re, will become the sole owner of Next, which is focused on insuring U.S. small businesses FRANKFURT: Munich Re is buying the 71% of Next Insurance that it doesn’t already own, strengthening its foothold...

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