Swiss Re has projected claims costs of $1.2 billion net of retrocession and before taxes due to the disasters in Japan. The company emphasizes that a great deal of uncertainty remains due to the difficult situations that still exist in ...
Munich Re has announced plans to introduce insurance products designed to address the large losses that can arise from major events such as the Deepwater Horizon disaster. The insurer hopes to introduce coverage levels of about $10 billion to $20 ...
Last week, Munich Re announced strong investment returns but warned that low interest rates could impact results going forward. In an interesting interview with The Financial Times, Nikolaus von Bomhard, CEO of Munich Re, explains the challenges facing insurers due ...