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Showing 41 - 50 of 68 results for "Munich"

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 ...

FSC announces life insurance award winners

ALEX BURKE  |  WEDNESDAY, 16 MAR 2016
The Financial Services Council has announced the winners of its 2016 Life Insurance Awards. Six awards were presented - the first, the Pioneer Award for "[demonstrating] an outstanding commitment to innovative thinking to transform the life insurance ...

Super funds hunting further afield for overseas assets

MARK SMITH  |  WEDNESDAY, 19 AUG 2015
Popular European holiday destinations Istanbul, Madrid and Munich could become the permanent home to some of Australia's leading super funds' capital. Commercial property specialist TH Real Estate has identified the cities as some of the most attractive ...

You can forget June

BENJAMIN ONG  |  THURSDAY, 21 MAY 2015
... low. This supports Chicago Fed pres Charles Evans' argument for a lift off "until sometime in early 2016" in his speech in Munich overnight. "Inflation is too low... The FOMC should refrain from raising the federal funds rate until there is much greater ...

Life company profits flat

JAMES FERNYHOUGH  |  WEDNESDAY, 10 DEC 2014
... (-$50 million) and Swiss Re Life (-$137 million), along with reinsurers Reinsurance Group of America (-$71 million) and Munich Reinsurance Company (-$56 million).

PIMCO chief El-Erian steps down

MARK SMITH  |  WEDNESDAY, 22 JAN 2014
... posts in mid-March, after 15 years with the company. He will remain on the International Executive Committee of the group's Munich-based parent company Allianz to advise on global economic and policy issues. He will report to Allianz chief executive ...

Climate change already an insurance risk

ALEX DUNNIN  |  FRIDAY, 13 JUL 2012
... answers," 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 ...