AM Best upgrades ERGO Insurance's credit ratings to A+ (Superior), noting the important role in parent company Munich Re's Southeast Asia growth strategy.
Tobias Farny, Munich Re's Chief Executive of China, spoke to (Re)in Asia about various priorities for the German reinsurer, including green technology, electric vehicles, and cyber.
There is a 70% chance El Niño develops in 2023; its cooler average sea temperatures are expected to fuel severe weather, including droughts and wildfires.
The cloud-based platform was developed by Munich Re Automation Solutions and is available immediately to L&H insurers in APAC, the Middle East, and Africa.
Three members left the NZIA in April; seven more followed suit this week, with Republican anti-trust pressure raising serious doubts about the Alliance's viability.