by AIP Online Bureau | Oct 23, 2022 | International News, Non-Life, Reinsurance
Ian hit Florida in September and was one of the strongest hurricanes to ever make landfall in the US. It carved a trail of ruin across southern Florida, downing bridges, inundating roads and shattering homes. Insured losses have been estimated at more than $60 billion...
by AIP Online Bureau | Oct 20, 2022 | International News, Non-Life, Reinsurance
Thomas Blunck Munich Re has also appointed Clarisse Kopff (49), with effect from 1 December 2022, and Mari-Lizette Malherbe (38), with effect from 1 January 2023, as new members of the Board of Management Munich: The Supervisory Board of Munich Re on Thursday has...
by AIP Online Bureau | Oct 7, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Risk Management
Furthermore, in its own listed equities and corporates portfolio, as of 1 April 2023, Munich Re will cease to conduct new direct investments in pure-play Oil & Gas companies As of 1 January 2025, Munich Re will require a credible commitment to net-zero greenhouse...
by AIP Online Bureau | Oct 6, 2022 | International News, Life
“We will be able to realize a higher underwriting automation rate using the build-in analytics to adjust rule performance. It is also easier to maintain SaaS solution and the ability to quickly scale-up additional SPARK services for new business use cases”...
by AIP Online Bureau | Aug 18, 2022 | Health, International News, Life, Non-Life, Reinsurance
All the top three Asian reinsurers, China Re, Korean Re and GIC Re, have lost their global rankings in 2022. Korean Re, which have been in the 10th place in 2020, fell off to 13th this year owing to currency position. Despite premium growth of around 7 per cent, China...
