News IFC signs $3b credit insurance deal to boost real sector investments Aya Anwar Dec 18, 2024 0 The International Finance Corporation (IFC) signed on Wednesday a $3 billion credit insurance policy with 14 global…
Featured Munich Re says damage inflation rising much faster than CPI rate Yomna Yasser Sep 8, 2024 0 German major reinsurer, Munich Re announced on Sunday that it will seek higher reinsurance rates as costs for…
Featured $95bln insurance losses from natural disasters in ’23 Aya El Sayed Jan 9, 2024 0 Natural disasters, including earthquakes in Turkey and Syria and storms in the United States, resulted in an…
Financial Institutions Munich Re affirms profit outlook after Q1 profit surge Yomna Yasser May 9, 2017 0 German reinsurance giant Munich Re announced Tuesday that net profit surged to 557 million euros ($608 million) in…
Financial Institutions Munich Re posts 2016 net income of €2.6 billion, raises dividend Yomna Yasser Feb 7, 2017 0 German reinsurer Munich Re has increased its dividend for 2016 by more than 4 percent to €8.61 per share, above…
Financial Institutions Munich Re profit falls 9% on natural disasters Yomna Yasser Aug 9, 2016 0 Munich Re AG (MUV2.XE) announced Tuesday that profit dropped 9% in the second quarter on higher costs related to…
Financial Institutions Suez Canal Life mulls Cooperation with Munich Re Yomna Yasser Mar 21, 2015 0 Egypt’s Suez Canal Life Insurance Company is considering reinsurance cooperation with Germany’s Munich Re in the…
Financial Institutions Suez Canal Life to Start Reinsurance Renewal Talks with 3 Companies Yomna Yasser Nov 16, 2014 0 Egypt’s Suez Canal Life Insurance Company intends to start negotiations to renew agreements with three global…
Financial Institutions Delta Insurance Renews Reinsurance Activities with Munich Re, Swiss Re Yomna Yasser Nov 9, 2014 0 Egypt’s Delta Insurance Company renewed a few days ago its agreements with the international reinsurers for one…
Financial Institutions Munich Re Profit Falls, Will Buy Back Shares Amwal Al Ghad English Nov 7, 2013 0 Germany's Munich Re AG (MUV2.XE), the world's biggest reinsurer by premium revenue, Thursday announced a new…