by AIP Online Bureau | Mar 12, 2024 | Health, Non-Life, Reinsurance, Technology
Bilal Ramadan, CEO, Munich Re HealthTech In this role, Ramadan will be responsible for driving the strategy of Munich Re HealthTech (MRHT) to strengthen its position as a leading software technology provider in the health insurance industry. He will oversee the...
by AIP Online Bureau | Feb 27, 2024 | International News, Non-Life, Pandemic, Reinsurance, Risk Management
“2023 was another successful year for Munich Re. With the exception of systemic risks – such as cyber and pandemic – our appetite for covering existential risks for people and enterprises is far from exhausted, ” said Joachim Wenning, Chair of the Board of...
by AIP Online Bureau | Feb 27, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management, Technology
The private sector cannot provide cover for the greatest systemic cyber risks, such as the failure of critical infrastructure or cyber war. But a potential solution to this complex problem is a governmental backstop – a precautionary measure of last resort, Munich Re...
by AIP Online Bureau | Jan 9, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Thomas Blunck, member of the Board of Management, Munich Re Worldwide, natural disasters in 2023 resulted in losses of around US$ 250bn (previous year US$ 250bn), with insured losses of US$ 95bn (previous year US$ 125bn). Overall losses tally with the five-year...
by AIP Online Bureau | Oct 24, 2023 | International News, Non-Life, Reinsurance
Chief Executive Officer Joachim Wenning is in the midst of a five-year strategic plan that calls for earnings per share to increase at least 5% per year on average. He has shown willingness to discontinue businesses that no longer meet expectations in terms of prices...
