Archive

  • Efrag makes preliminary call on IFRS 17 issues and timeline

    26 July 2018

    The EU accounting standards advisory body has acknowledged the "very challenging" implementation timelines for IFRS 17 and shared its thoughts on other potential problems with the incoming standard for insurance contracts. Cintia Cheong and Christopher Cundy report

  • Munich Re appoints CFO as Jörg Schneider retires

    17 July 2018

    Ergo's Christoph Jurecka replaces Schneider in 2019

  • CFOs highlight IFRS 17 threat to traditional reinsurance

    05 July 2018

    Mismatch of recognition will impact profits

  • Munich Re P&C reinsurance stumbles to loss but group posts meagre profit

    06 February 2018

    January renewals offered 0.8% price rises after 0.5% decline in 2017

  • Implementing IFRS 17 will cost Munich Re "triple-digit millions"

    04 December 2017

    CFO Jörg Schneider says introduction should be postponed

  • Munich Re expects $3.2bn cost from trio of hurricanes

    26 October 2017

    German group still on track for "small profit" in 2017

  • Munich Re deleverages to strengthen capital position

    09 August 2017

    Reduces subordinated debt to bring leveraged debt ratio below 10%, while solvency ratio falls to 261%

  • Munich Re's solvency ratio remains high despite rising market risk

    15 March 2017

    Change in UK's Ogden rate has no material impact

  • Low rates prompt Munich Re to use Solvency II transitionals

    09 November 2016

    Despite "comfortable" group solvency ratio of 250%

  • Internal model change eats into Munich Re's Solvency II capital

    09 August 2016

    Adds to adverse impact of falling interest rates