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 ...

Massimo Cavadini will focus on the technological and personnel growth of consulting and software solutions in areas like ...

FRANKFURT - 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 reported so far ...

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

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

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 ...

Berenberg Bank analyst Michael Huttner maintained a Hold rating on Munich Reinsurance (0KFE – Research Report) today and set a price target of ...

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 ...

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 ...