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Reinsurance News

Munich Re

A.M. Best maintains stable outlook for U.S. life reinsurance market

13th December 2016

International financial services ratings agency, A.M. Best, has maintained its stable outlook for the U.S. life reinsurance marketplace, in spite of the company recently revising its outlook on the U.S. life/annuity industry to negative, and maintaining its negative outlook on the global reinsurance market. A recent A.M. Best briefing on ... Read the full article

Munich Re Chairman von Bomhard enters Insurance Hall of Fame

12th December 2016

Chairman of the Board of Management at reinsurance giant Munich Re, Nikolaus von Bomhard, has been announced as the 2017 Insurance Hall of Fame Laureate, by the International Insurance Society (IIS). The IIS today announced that Dr. von Bomhard is the latest addition to the Insurance Hall of Fame, which honours insurance ... Read the full article

Even Munich Re’s normalised combined ratio nears breakeven

8th December 2016

International financial services ratings agency, Fitch Ratings, has commented on the impact the softening reinsurance market is having on the underwriting profitability of reinsurer Munich Re, stating that the company's P&C reinsurance normalised combined ratio deteriorated to 99.9% in the first nine months of 2016. Lower than expected losses from natural ... Read the full article

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