German reinsurer Munich Re announced Wednesday that it expects profits for 2019 and 2020 will continue to rise following the significant increase in profit last year. The company projects an increase of 200 million euros in fiscal 2019 profit to around 2.5 billion euros. The company expects to reach medium-term profit guidance of 2.8 billion… Continue reading Munich Re Sees Profit Growth In FY19, FY20
Tag: Munich Re
Munich Re Acquires Tech Company Relayr
Munich Re is taking a further key step to create new business models in the industrial Internet of Things (IoT). The Group will acquire the software company relayr via its subsidiary, Hartford Steam Boiler (HSB), and will therefore play an active role in shaping business opportunities in this rapidly expanding sector. From an initial consultation… Continue reading Munich Re Acquires Tech Company Relayr