Renewal discussions are becoming less about price and more about finding solutions to the needs of the cedents, Hitesh Kotak, Munich Re’s chief executive for Japan, India, South Korea and Southeast Asia, said. “Most of our discussions have been around…
Munich Re reported preliminary net profit of approximately €1.7 bn for the third quarter of 2026, exceeding analysts’ consensus estimate of €1.479 bn and maintaining strong earnings momentum across its business segments. The consensus figure represents the average forecast of 13 financial analysts. The…
Aon plc and Germany’s Munich Re have launched a first-of-its-kind parametric pandemic reinsurance facility covering hospitality risks across Indonesia and the Philippines, Artemis reported. Aon, Munich Re launch pandemic reinsurance facility Aon plc and Germany’s Munich Re have launched a…
Business Insurance Premia acquires Luxembourg reinsurer Bermuda-headquartered Premia Holdings Ltd. has completed its acquisition of Luxembourg-based Ramius Enterprise Luxembourg Holdco Sarl and its subsidiaries, including Cowen Reinsurance SA, The Royal Gazette reported. The transaction with Canada’s TD Bank Group closed…
reUSD is now live on Monad, expanding access to Re’s reinsurance-linked yield product beyond Ethereum. Users can bridge reUSD from Ethereum mainnet to Monad through Chainlink CCIP, while markets are also active on Morpho and Pendle. The launch gives eligible…
Primary insurers across Asia are increasingly looking for ways to expand their businesses after several years of strong profitability, creating new opportunities for reinsurers to support product development, innovation and market expansion, according to Munich Re’s Hitesh Kotak, chief executive…
Munich Re Specialty announced its formal entry and readiness to offer commercial solutions in the Australian primary specialty insurance market. Munich Re Specialty’s Australian business will be headquartered in Sydney, an existing hub for Munich Re’s expertise in corporate and…
The business will initially target Property, Construction & Engineering, Mining, and Surety, with plans to expand its local underwriting, claims and distribution capabilities. The Australian operation will also provide access to products offered through Munich Re Specialty’s Lloyd’s syndicate and the…
Business Insurance Munich Re Specialty launches Australian commercial cover London-headquartered Munich Re Specialty has entered Australia’s primary specialty insurance market, initially offering property, construction and engineering, mining and surety cover for commercial and mid-market clients, Global Reinsurance reported. The business…
2nd November 2026 - Author: Taylor Mixides - Munich Re Specialty, the specialist insurance division of global insurance and reinsurance provider Munich Re Group, has officially launched its primary specialty insurance operations in Australia, offering coverage across property, construction and engineering, mining, and surety.
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