Shares of Munich Re climbed on Wednesday after the German reinsurer stuck to its outlook, despite announcing hefty expected claims from California wildfires.

After this publication revealed Swiss Re was dropping primary aviation risks, Berger said on the firm’s results call that the ...

Global advisory, broking, and solutions firm WTW has appointed Massimo Cavadini as Head of Product, Pricing, Claims and Underwriting for Continental ...

Insurance revenue from insurance contracts issued for the year stood at €40bn ($41.93bn), a 5.9% rise from €37.7bn in 2023.

Munich Re has announced a new focus on global specialty insurance (GSI), splitting it out from P&C to create its own unit. In the reinsurer’s 2024 financial presentation, it said it was looking to ...

The reinsurer backed its guidance for the year after its fourth-quarter profit and revenue missed expectations slightly but ...

German reinsurance giant Munich Re reported weak profit in its fourth quarter on Wednesday, despite higher insurance revenues. For the fourth quarter, net result attributable to equity holders was ...

German reinsurance giant Munich Re said Wednesday that last month's huge wildfires in Los Angeles had been the costliest "in the history of the insurance industry". Munich Re, which acts as an ...

Munich Re posted 2024 results that were broadly in line with company-compiled consensus. The results were ahead of our full-year forecast, but we believe these strong numbers are because of a hard ...

Shares of Munich Re climbed on Wednesday after the German reinsurer stuck to its outlook and announced it will return money to shareholders, even after announcing more than $1 billion in claims ...

German reinsurance giant Munich Re said Wednesday that last month's huge wildfires in Los Angeles had been the costliest "in ...