Tag: Reinsurance
Hannover Re expects prices to continue to rise
storm Extreme weather events hit Europe again this summer. (Photo: imago images/Kirchner-Media) Frankfurt Geopolitical uncertainties, an increase in natural catastrophes and high inflation rates are also affecting the insurance industry.…
Why the hurricane forecast is particularly difficult this year
Hurricane Ian The tropical cyclone caused major damage in September 2022. (Photo: IMAGO/ZUMA Wire) Frankfurt Tropical cyclones on the US coast regularly cause billions in damage. After several years of…
Swiss Re prevails against ex-Wirecard boss Markus Braun
Markus Brown Ex-Wirecard CEO Markus Braun has been in custody for almost three years. His main defense attorney is Alfred Dierlamm (right), one of the best-known criminal lawyers in this…
Munich Re boss criticizes climate policy: “There are many declarations of intent”
Major weather extremes warning Hurricane Frances caused great devastation on the Florida coast: Munich Re criticizes the current climate policy. (Photo: dpa) Munich The consequences of climate change also affect…
Munich Re exceeds expectations
Munich Re boss Joachim Wenning The Group continues to focus heavily on the natural catastrophe insurance business. (Photo: Munich Re) Munich Munich Re started the year with a surprisingly high…
Why the financial supervisory authority Bafin criticizes the IT of the insurance company
Flags of the insurance group Allianz The reorganization of the group’s internal IT could lead to conflicts with parts of the works council. (Photo: dpa) Munich The insurance group Allianz…
Financial regulator Bafin criticizes the insurance group’s IT
Flags of the insurance group Allianz The reorganization of the group’s internal IT could lead to conflicts with parts of the works council. (Photo: dpa) Munich The insurance group Allianz…
Insurer raises dividend – forecast confirmed
Hannover Re According to preliminary figures, the third-largest reinsurer in the world had already reported a net consolidated profit of 1.41 billion euros at the beginning of February. (Photo: imago/Rust)…
Munich Re is on course for a profit of four billion euros
Munich RE The reinsurer continues to grow profitably. (Photo: dpa) Munich Despite a large number of different major claims, Munich Re exceeded its own expectations in the past financial year.…
The split relationship with investors
But the reaction on the capital market was anything but friendly: with a minus of more than five percent, the share was by far the biggest loser in the Dax…
Insurer makes a mini profit in 2022 – and attracts dividends in 2023
Swiss Re in Zurich The reinsurer closes 2022 with a small profit. (Photo: Reuters) Zurich The reinsurer Swiss Re ended the past financial year in the black after all: the…
Munich Re: Insurers under pressure
Munich A growing number of severe natural catastrophes have caused severe damage on all continents in the past year. Hurricane Ian, which hit the west coast of Florida at the…
Munich Re: Younger, more diverse, more female
Clarisse headf Kopff will be responsible for Europe and Latin America in the future. (Photo: Alliance) Munich At the turn of the year, the Munich Re Board of Management underwent…
Munich Re: Younger, more diverse, more female
Clarisse headf Kopff will be responsible for Europe and Latin America in the future. (Photo: Alliance) Munich At the turn of the year, the Munich Re Board of Management underwent…
“The sustained resilience that was regained was anything but a sure-fire success.”
Dusseldorf The insurer Ergo is confident that it can continue to grow profitably despite the current challenges. “We have worked hard in recent years to regain a strong market position,”…
What the accounting change meant for investors
Munich Re Analysts are expecting further positive effects on the reinsurer’s papers, above all as a result of the change in accounting standards. (Photo: Bloomberg) Munich Munich Re shareholders will…
Munich Re raises its profit forecast for 2023
Munich Re Sculpture in front of the Munich Re reinsurance headquarters. (Photo: picture alliance) Munich Munich Re wants to achieve a consolidated profit of four billion euros for the first…
Price over 300 euros – analysts are positive
Munich Re headquarters The share of the Dax group has risen sharply in recent months. (Photo: dpa) Frankfurt Christoph Jurecka writes in a recent article on the LinkedIn platform that…
Primary insurer Ergo is an important pillar for the group
Munich Re headquarters in Munich Hurricane Ian caused high claims payments for the reinsurer. (Photo: AP) Munich, Frankfurt Despite billions in damage from natural disasters this year, the Dax group…
Hannover Re expects these price increases
fender bender There are more people on the streets again. As a result, more accidents happen. (Photo: imago stock&people) Baden-Baden The world’s third-largest reinsurer, Hannover Re, believes it is necessary…