Canadian Underwriter

Munich Re Canada

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Munich Re’s global growth target in 2023

February 27, 2023 by Alyssa DiSabatino

Munich Re is aiming for a profit of 4 billion euros (Cdn$5.8 billion) in 2023. The global reinsurer posted a profit of 3.4 billion euros (approximately Cdn$4.9 billion) in 2022. Its gross premiums written amount to 67 million euros (Cdn$96.5

News AppointmentsInsuranceReinsurance

Munich Re Canada appoints new president and CEO

May 14, 2019 by Jason Contant

Munich Reinsurance Company of Canada and Temple Insurance Company (a part of Munich Re) has appointed Claus-Ulrich Kroll as president and CEO of both companies. In his new role, Kroll will be responsible for the operation of all of Munich

News InsuranceTechnology

At least two cool ways that AI can help insurance companies

February 28, 2018 by Jason Contant

Machine learning could be used to underwrite faster, reduce fraud and assess vehicle damages more accurately, Lawrence Wong, Munich Re Canada’s director of application development, said Tuesday. Speaking at the 16th annual Technology Conference in Toronto, Wong said that

News InsuranceMarkets / CoveragesProfessional Development

Commercial brokers compensation will flip over time: RIMS Canada CEO panelist

September 28, 2017 Greg Meckbach, Associate Editor

Canadian consumers still “value the trusted advisor model” when buying insurance but there will soon be a “flipping” of brokers’ compensation model on commercial lines, whereby brokers will tend to earn more of their money on the consultative services, senior