IFC signs $3b credit insurance deal to boost real sector investments
The International Finance Corporation (IFC) signed on Wednesday a $3 billion credit insurance policy with 14 global…
Browsing Tag
Munich Re
Munich Re says damage inflation rising much faster than CPI rate
German major reinsurer, Munich Re announced on Sunday that it will seek higher reinsurance rates as costs for…
$95bln insurance losses from natural disasters in ’23
Natural disasters, including earthquakes in Turkey and Syria and storms in the United States, resulted in an…
Munich Re affirms profit outlook after Q1 profit surge
German reinsurance giant Munich Re announced Tuesday that net profit surged to 557 million euros ($608 million) in…
Munich Re posts 2016 net income of €2.6 billion, raises dividend
German reinsurer Munich Re has increased its dividend for 2016 by more than 4 percent to €8.61 per share, above…
Munich Re profit falls 9% on natural disasters
Munich Re AG (MUV2.XE) announced Tuesday that profit dropped 9% in the second quarter on higher costs related to…
Suez Canal Life mulls Cooperation with Munich Re
Egypt’s Suez Canal Life Insurance Company is considering reinsurance cooperation with Germany’s Munich Re in the…
Suez Canal Life to Start Reinsurance Renewal Talks with 3 Companies
Egypt’s Suez Canal Life Insurance Company intends to start negotiations to renew agreements with three global…
Delta Insurance Renews Reinsurance Activities with Munich Re, Swiss Re
Egypt’s Delta Insurance Company renewed a few days ago its agreements with the international reinsurers for one…
Munich Re Profit Falls, Will Buy Back Shares
Germany's Munich Re AG (MUV2.XE), the world's biggest reinsurer by premium revenue, Thursday announced a new…
Munich Re Expands Co-Operation with IFC and World Bank
Munich Re and the International Finance Corporation (IFC), a member of the World Bank Group, have concluded an…
Munich Re Expects Strong Insurance-Sector Growth Until 2020
According to a study by Munich Re, the global insurance market will grow strongly in the years to come. Munich…
Munich Re Starts Financial Year 2013 With Quarterly Profit Of €979 Mln
The first three months of 2013 went very well for Munich Re Group-wide. Thus Munich Re posted a consolidated…
Asia-Pacific Will Be The Dominant Driver Of World Insurance Growth By 2020
Premium income for the insurance industry in the Asia-Pacific region will double by 2020 according to a study…
Munich Re Optimistic For 2013 – Profit Guidance Of Close To €3 Bln
Following the pleasing result for 2012, Munich Re is aiming for a profit of close to €3bn for the current year.…
AMIG Renews Reinsurance Contracts Without Extra Conditions
Arab Misr Insurance Group (AMIG) succeeded in renewing reinsurance agreements for next year, said Ali Bashendy,…
Egyptian Takaful Life Insures Wethaq’s Employees
Egyptian Takaful Life signed the insurance policy covering the employees of Wethaq Takaful Insurance Company with…
Munich Re with positive outlook for 2012 – profit guidance of €2.5bn
Munich Re has made a good start to 2012 and is aiming for a profit of around €2.5bn. CEO Nikolaus von Bomhard was…