by AIP Online Bureau | Jun 4, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
These numbers are slightly above the long-term average for 1950 to 2024 (12.5 named storms, 6.5 hurricanes and 2.6 severe hurricanes) and are in line with expectations for the cyclical warm phase in the North Atlantic since the mid-1990s (15.8 tropical storms, 7.8...
by AIP Online Bureau | May 13, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, International News, Reinsurance, Risk Management
“The devastating wildfires in California are another example of how climate change is exacerbating the risks of extreme weather events,” said Hannover Re Chief Executive Clemens Jungsthoefel Germany’s largest reinsurers, Munich Re and Hannover Re, reported sharp...
by AIP Online Bureau | Apr 30, 2025 | Briefs, Reinsurance
Diana Baer has been appointed chief financial officer for Munich Re Holdings of Australasia. Diana has been working for Munich Re for 17 years and brings extensive experience from various finance roles within the company along with expertise in executive management,...
by AIP Online Bureau | Apr 4, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Thomas Blunck, CEO, Reinsurance, Munich Re: “As digitalization advances, cyber protection against one of the biggest threats to economy and society is becoming more and more important. And yet, a large number of organizations lack adequate safeguards and coverage....
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...
