Munich Re’s primary insurance unit Ergo aims to cut about 1,000 positions in Germany, partly as a result of its...
Munich Re News
Insured losses for so-called non-peak perils reached a record $98 billion last year, Munich Re said in a new report.
Natural disasters across the globe cost insurers $80 billion during the first half of 2025, up from $64 billion in...
A recent surge in high-profile cyberattacks is offering an opportunity for insurers to cash in from a rapidly expanding market...
As Los Angeles residents digested the apocalyptic scene left by wildfires earlier this year, the stage was simultaneously being set...
Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said...
Natural catastrophes caused about $62 billion of insured losses in the first half of 2024 — roughly 70% above the...
Extreme storms and other natural disasters cost the world about $250 billion of losses last year, with less than half...
Claims for weather-related incidents are set to exceed $100 billion for the third year in a row, as floods, hail...
HONOLULU (AP) — An environmental group has a $2 million insurance policy on Hawaii’s coral reefs, which is in effect...