In the news today: The JSE could open lower today as global investors trade cautiously, Munich Re pays a dividend of €9.25 per share, MUA launches new ‘fit for purpose’ products, and Swiss Re releases its first quarter net income results

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Global investors trade with caution

The JSE could open lower today as investors trade cautiously ahead of US labour market data.  READ MORE

Munich Re pays dividend of €9.25 per share

Munich Re’s AGM, which was held on 30 April, saw the reinsurance giant approve a dividend proposal of €9.25 a share – and Nikolaus von Bomhard take over as Chair of the Supervisory Board.  READ MORE

MUA launch new ‘fit for purpose’ products

MUA Insurance Acceptances (MUA) believes that diverse partnerships are essential for developing insurance products that satisfy consumers, insurers and insurance brokers in a Fourth Industrial Revolution (4IR) world.  READ MORE

Swiss Re releases first quarter net income results

The reinsurer says group net income for the first quarter amounts to USD 429 million, with its Life & Health division performing strongly and Property & Casualty affected by large losses.  READ MORE

Investors snap up Nedbank’s Renewable Energy Bond

Investors bought R5.5 billion of the bonds issued on the JSE’s green bond segment last week.  READ MORE

Insurers won’t bear cost of Notre-Dame rebuilding

European insurers expect the French state and private benefactors to bear the cost of rebuilding the historical cathedral – an undertaking that could take up to 20 years.  READ MORE

Steve McGill and Warburg Pincus launch risk solutions business

Insurance broker Steve McGill and insurance executives have partnered with global private equity firm Warburg Pincus to launch a new risk business for corporate clients.  READ MORE

The forces shaping insurance in 2019

Darrel Orsmond, Financial Services Industry Head, SAP Africa, shares insights into some of the macro trends shaping the insurance sector this year.  READ MORE