Overall, the average total compensation for all four carriers in 2024 was up 7% compared to the average level across carriers ...

The US government led by President Donald Trump is an adversary of Europe and Germany, the chief executive of German reinsurer Munich Re, Joachim Wenning, said at the DAX-listed company's annual ...

Joachim Wenning Thank you very much, Christian, and, ladies and gentlemen, welcome to our conference today. 2024 was again a very successful year for Munich RE.

From an insurance perspective, the wildfires in Los Angeles were "no problem at all", CEO Joachim Wenning said.

From an insurance perspective, the wildfires in Los Angeles were "no problem at all", CEO Joachim Wenning said. "Risks that lead to major damage are part of our business," Wenning said, adding ...

From an insurance perspective, the wildfires in Los Angeles were "no problem at all", CEO Joachim Wenning said.

Our confidence here reflects our successful renewals as at Jan. 1, 2025, among other factors," Chair Joachim Wenning said, confirming the outlook it outlined in December.

Our confidence here reflects our successful renewals as at Jan. 1, 2025, among other factors," Chair Joachim Wenning said, confirming the outlook it outlined in December.

Asked about the influence of Trump’s policies on Munich Re, chief executive Joachim Wenning told journalists on Wednesday that the US president did not influence the insurance business.

The German group’s chief executive Joachim Wenning warned targets set out in the Paris accord, which aims to phase out fossil fuels by 2050, on climate change could be missed unless action is taken.

Munich Re MUV2 0.29% can’t yet put a figure on the burden it will face as a result of the wildfires in California. “We have to expect that it will be a major loss for us,” Chief Executive ...