Munich Re News
The Latest Launches From Willis Re and Munich Re
Willis Re beefed up its cyber risk portfolio modeling tool to include a new, key feature. A deal Munich Re forged with another company enables its insurance carrier clients to obtain drone ...
Allianz Group Will Acquire DAS Switzerland, a Legal Protection Insurer, From Munich Re’s ERGO
Allianz Group has agreed to acquire the legal protection insurer DAS Switzerland and the assets of DAS Luxembourg and Slovakia from German insurance group ERGO Group AG, the Munich Re subsidiary. The ...
VCs Used to Ignore Insurance; Now They Are Drawn to It
Something interesting has happened. After years of displaying little interest, venture capitalists now see insurance startups as a tantalizing investment target. What's more, venture investor ...
Insurers Will Pay Unprecedented $135B in Natural Catastrophe Claims for 2017: Munich Re
Insurers will have to pay claims of around $135 billion for 2017, the most ever, following a spate of hurricanes, earthquakes and fires in North America, according to a report published on Thursday. ...
Executive Profile: How to Drive Change Within the Industry
Pina Albo began her career as a lawyer in Toronto, Canada. After practicing in real estate, corporate finance and M&A, she started at Munich Re as a claims expert. During her 25-year career at ...
InsurTech MGA Wrisk Gains UK Regulatory Authorization
On the heels of its recent successful crowdfunding raise, the app-based InsurTech managing general agent Wrisk has made another major step forward, receiving full authorization from the UK's ...
Climate Risks Leave Insurers Bracing for Perilous Future
After one of the worst Atlantic hurricane seasons in history, the world's biggest insurers say the industry needs to get its act together if it wants to survive climate change. Insuring against ...
Warranty Analytics Startup WePredict Raises $4M; Munich Re Is Lead Backer
Analytics startup WePredict raised $4 million in a funding round led by Munich Re's venture capital arm HSB Ventures. Munich Re is also teaming with the company as it launches its first auto ...