Munich Re News
Two Upgrades and a Downgrade: Rating Actions on CinFin, Next, Erie
Actions announced by credit rating agencies early this month included Fitch's upgrade of Cincinnati Financial Corporation's ratings, AM Best's upgrade of Next Insurance US and downgrade of Erie ...
H1 Natural Disasters Had Insured Price Tag of $80B – Driven by U.S. Claims: Munich Re
Natural disasters across the globe cost insurers $80 billion during the first half of 2025, up from $64 billion in H1 2024, according to Munich Re's mid-year natural disaster report. On the other ...
Green Bond Issuance Dives Almost a Third Amid Global Climate Backtracking
The amount of "green" bonds sold by governments, banks, and companies has slumped by almost a third this year amid the rollback of climate change policies in the United States and Europe, new figures ...
Munich Re, CyberCube Report Warns of Growing Systemic Cyber Risk
Risks associated with systemic cyber events are no longer hypothetical scenarios but growing realities for organizations, insurers and cybersecurity professionals alike, ...
Above-Average Number of Storms Predicted for North Atlantic in 2025: Munich Re
Current climatic conditions suggest that there will be a slightly above-average number of storms in the North Atlantic during the 2025 hurricane season, according to Munich Re in its Hurricane ...
Cyber Insurance Premiums Expected to Soar: Report
The global cyber insurance market is projected to reach approximately $16.3 billion in premiums by 2025, according to a newly published report: "Cyber Insurance - Risks and Trends 2025" by Munich Re. ...
Munich Re Faces $1.3 Billion in Claims From Los Angeles Wildfires
Germany's Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said on Wednesday, representing the biggest loss ...
European Insurers Enjoy Big Profits After Premium Hikes
Several European insurers recorded bumper first-half profits on Thursday, as customers burnt by a pandemic, war and a pick-up in natural catastrophes in recent years continue to face higher premiums ...