Munich Re
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The devastating impact of the California wildfires this autumn has made for some horrific reading.
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Munich Re has co-invested in the fraud detection start-up.
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The carrier lifts its full-year forecast for primary carrier Ergo, while affirming group predictions. -
Billions of dollars of additional quota-share cover will also be purchased.
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Before Florence and Michael, rate reductions had looked set to resume.
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The collaboration with the incubator will expand the reinsurer's exposure to start-ups.
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The former Darag CEO claims the method developed by his company will be more cost-efficient than the sale of legacy portfolios practised to date
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The start-ups are building balance sheet insurers.
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No-one writing non-life insurance can avoid cyber exposure by doing nothing, says Munich Re's Doris Höpke.
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The Insider 50 grew by 1.3 percent week on week as the third-quarter earnings season continued
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Too early to put loss numbers on Florence and Michael, says reinsurer.
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Early estimates point to a $400mn-$500mn loss to the Munich Re-led cover.
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