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Showing 21 - 30 of 39 results for "Munich Re"

AMP prioritises reinsurance, grows advice arm

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
... Mutual Life retail portfolio. The move builds on AMP entering in its first reinsurance agreement with Munich Reinsurance (Munich Re) in October 2016, which Meller said has now been extended from a 50% cover to 60% of the AMP Life retail book, which merged ...

AMP implements significant insurance changes

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
... key changes: The implementation of a significant reinsurance arrangement with Munich Reinsurance Company of Australia (Munich Re) Strengthening of best estimate assumptions across AMP Life and NMLA effective 31 December 2016 AMP wealth protection experience ...

MetLife appoints senior AMP, AIA vets

ALEX BURKE  |  FRIDAY, 29 JUL 2016
... joined MetLife as head of individual pricing and affiliate. Prior to this, he was an actuarial consultant working with Munich Re. Before that, he was director, pricing and reinsurance at AMP, having held a similar role at AXA previously. "Stephen has ...

Munich Re pursues divestment from insurance

KERRIE SYDEE  |  THURSDAY, 16 JUN 2016
Following a strategic review Munich Re has revealed it is considering divesting its primary insurance arm Great Lakes Australia (GLA). GLA is the Australian branch of Great Lakes Reinsurance (UK) SE (Great Lakes) and is a wholly owned subsidiary of ...

Negative interest rates drive spike in safe sales

MARK SMITH  |  THURSDAY, 9 JUN 2016
... considering storing cash in vaults. Other reports say some savings banks in Bavaria have also explored storing physical cash. Munich Re chief executive Nikolaus von Bomhard also said this year that the reinsurer would experiment with holding about €10 ...

CommInsure appoints life product and strategy head

KERRIE SYDEE  |  TUESDAY, 29 MAR 2016
... changes have been in motion since early 2016, prior to any allegations of unethical conduct. Crapis joins CommInsure from Munich Re where he held the role of client solutions - retail group, capital and direct insurance for just under two years. Prior ...

Munich Re Australasia MD and global CEO step down

ALEX BURKE  |  TUESDAY, 29 MAR 2016
Both the Australasia managing director and the chief executive of Munich Re have announced they will step down from their roles. Heinrich Eder, Australasia MD since November 2005, was previously general manager non-life at Munich Re Australasia. Prior ...

Life company profits flat

JAMES FERNYHOUGH  |  WEDNESDAY, 10 DEC 2014
Revenue and profits for the 12 months to June 2014 have remained flat for life insurance companies, according to the latest statistics released by the Australian Prudential Regulation Authority (APRA). While most of the figures released in the latest ...

Climate change already an insurance risk

ALEX DUNNIN  |  FRIDAY, 13 JUL 2012
... notes a report the US Insurance Information Institute that was published in February this year. A report from insurer Munich Re published two months later echoed the same concerns. "Some of the leading climate scientists conclude that global warming ...

Microinsurance reaches 500m people

ALEX DUNNIN  |  WEDNESDAY, 11 APR 2012
... capacity to pay, according to the Microinsurance Innovation Facility of the International Labour Organization and the Munich Re Foundation. The ILO's Microinsurance Innovation Facility was launched in 2008 with the support of a grant from the Bill & ...