Munich Re

Munich Re eyes €6bn profit in 2025, focus on P&C Re, specialty insurance
13 December 2024   Reinsurance revenue is expected to reach €42bn, fuelling a €5.1bn net profit in 2025.

Latest Features

Insurance
A future cyber product could have a property-cat lens, said an Intelligent Insurer panel.
Insurance
Six experts at the leading edge of parametric insurance share insights on where this type insurance is heading and what global changes and technological advances will help it get there.
Insurance
Six things we learned from our Intelligent Insurer expert panel about how Parametrics are evolving and how they are changing the re/insurance landscape.
Insurance
Adoption of new exclusions is essential as pre-LMA clause frameworks ‘leave too much ambiguity’, says panel of industry executives.
Technology
As the world attempts to find a way of understanding, managing, and transferring the risk associated with pandemics, much can be learned from the extensive work the insurance industry has done to better handle cyber risk, says a new report by CyberCube, with contributions from Munich Re and Metabiota.
Reinsurance
Pandemic-related losses are large but reinsurers look to have avoided the worst with a combination of financial discipline and the arrival of a hard market. Will efforts to inoculate themselves against the pandemic in H1 continue to be effective into the second half of the year, and how will it affect the wider market? Intelligent Insurer speaks to Robert Mazzuoli, director at Fitch Ratings, to find out more.
Technology
AI offers the opportunity to boost the skills and value of underwriters as it ‘rides sidecar’ to people, providing on the job learning, says Richard Hartley, CEO of insurtech Cytora.
Technology
AI has come of age as the technology ensures a more accurate view of risk and can help insurers win more valuable business, says Richard Hartley, CEO of insurtech Cytora.
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5 November 2024   Accumulation of small and mid-size events will hit harder than single mega events.
30 October 2024   The exec previously led Munich Re’s non-life business in several European markets.
23 October 2024   Reinsurer impacted by higher-than-average major loss expenditure from nat cats.
21 October 2024   Discipline will hold in the market in the run into the year-end renewal.
10 October 2024   It has made two hires to build a local team and will start underwriting in 2025.
2 October 2024   He will focus on improving its offerings to insurance brokers, partners and MGAs.
26 September 2024   One year of profitability is promising, it’s not enough to turn the tide, she says.
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