Munich Re reveals coronavirus hit

Munich Re | April 01, 2020

The impact of the coronavirus on the insurance industry keeps on coming. The latest victim has been Munich Re, which withdrew its profit guidance for the year as a result of significant insurance claims triggered by the cancellation of large events. Governments across the globe have been banning these public gatherings in the fight to slow the spread of COVID-19. The reinsurer stated that claims within its property and casualty reinsurance segment have caused it to anticipate profits in the low three-digit-million euro range for the first three months of 2020, according to reports from Reuters. By comparison, Munich Re posted Q1 profits of €633 million last year.

Spotlight

Leonardo Scapato, Commercial Director for Spanish South America region, was one of the key note speakers at this conference for top Insurance executives in the country. With a TED Talk style conference, he spoke during 25 mins about the future of Insurance industry within the digital transformation landscape.

Spotlight

Leonardo Scapato, Commercial Director for Spanish South America region, was one of the key note speakers at this conference for top Insurance executives in the country. With a TED Talk style conference, he spoke during 25 mins about the future of Insurance industry within the digital transformation landscape.

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Cision PR Newswire | October 20, 2020

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INSURANCE TECHNOLOGY

OWIT Global Releases Advanced Version of Bordereaux Management Solution

OWIT Global | December 02, 2020

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MetLife and Vision Benefits of America Collaborate with Howell Benefit Services, Inc.

WEBSURANCE | December 02, 2021

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