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Munich Re, US

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Munich Re's Steve Assennata speaks with AMBestTV at the recent Target Markets Program Administrators Association (TMPAA) conference in Arlington, VA about innovation in the program space. In his interview, Steve said innovation is not just about developing products for emerging exposures, it is also use of technology and data to change the way we do business...We need to have innovation discussions in our strategic meetings with our clients, and collaborate on innovative solutions. View the video now: http://bit.ly/1YSeWga
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Topics Risk Solutions 1/2016 - Highly specialized risk solutions for a wide range of requirements. Topics include: Heavy machines and digital processes, Project risk rating as an investment tool, and Climate conference in Paris. Read more: http://bit.ly/1XJVLVa
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"I actually think the program segment is, in many cases, on the forefront of innovation and recognizing emerging risks," said David Brown, senior vice president of Specialty Markets. "This is mainly because in that specialty niche space and that program space, the MGAs and program administrators sell more than just the product." Read more in the recent Insurance Journal article: http://bit.ly/1UaF6uo
Specialists in the program business segment agree – this is a good market to be in right now. Those specialists also agree that the program business market
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As a leader in helping organizations manage risks, we are committed to creating solutions that make the world a safer place. School bus safety is a key concern to parents and communities across the US, and Munich Reinsurance America, Inc. is dedicated to finding new solutions. We have been testing collision prevention technologies on public transit buses with early successes. We are committed to saving children's lives, reducing injuries, and minimizing losses related to school bus crashes by partnering with you, our clients, and technology service providers to support the development and testing of innovative crash avoidance technology for school buses. This is just a start to improving school bus safe. Now we need your help to identify additional safety concerns. Please help us improve school transportation by sharing your ideas about: What is your key concern about the safety and operation of school buses? Create a login & submit your ideas: http://bit.ly/1Lfhkvw
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Junior Achievement Future Business Leaders Learn About Insurance Careers Junior Achievement of New Jersey is an organization that Munich Re has proudly supported for eight years. This support continued in late January when 45 students visited the Munich Re campus in Princeton as a result of their participation in a state-wide high school competition. This competition is part of the Future Business Leaders of America New Jersey program. Munich Re's Yoama Pons welcomed the students. Head of HR Business Partners, Cheryl Jones provided insight on her career and the industry. In addition, President of Specialty Markets John Vasturia explained insurance and reinsurance, what a career in this industry is like, and how important this industry is to society. The students were joined at lunch by more colleagues for networking opportunities and to answer any of their questions. It was a positive, informative day for the students based on their inquisitive questions, thoughtful remarks, and engaging spirit. As Yoma remarked, "We hope to see some of these Junior Achievement students join the industry and perhaps be involved in our organization in the future." Learn more about Junior Achievement of NJ: http://janj.org/ Learn more about Munich Re's commitment to our community: http://bit.ly/1JgJ0wL
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Every year, Munich Reinsurance America, Inc. hosts a special reception for the employees who have achieved a degree or certification during the previous year. This year the event was held on Tuesday, January 26 in Princeton. CEO Tony Kuczinski attended to acknowledge each person's accomplishment. Congratulations to all 32 honorees who achieved this outstanding achievement.

Learn more about the professional development opportunities we offer: http://bit.ly/1SHy67u
We provide the professional development tools you need to take an active role in managing your career.
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Munich Re, US

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Munich Re's Mark Bove, Senior Research Meteorologist, talks about the record flooding in Houston: "A stationary area of low pressure over the American Southwest caused record flooding in Houston, Texas, the fourth largest city in the United States. The low's counter-clockwise circulation drew in tremendous amounts of moisture from the Gulf of Mexico, and its lack of movement allowed for heavy rainfall to continually move over the same region, causing localized one-day rainfall totals in excess of 17 inches." "The city of Houston is no stranger to severe flood events. With a limitless reservoir of moisture available from the nearby Gulf of Mexico, the city has experienced severe flooding in all seasons from several different types of weather systems. Tropical Storm Claudette in 1979 still holds the record for 24-hour rainfall in the region, with 43" of rain observed in Alvin, TX. Recently, severe flood events have become more frequent in the Houston area. Tropical Storm Allison in 2001 inundated Houston with 35" of rain over a five-day period, and three non-tropical cyclone-related rain events inundated wide swaths of the city in 2006, 2009, and 2015. The increase in severe flood frequency in the Houston metropolitan area since 2000 is partly due to continued suburban and exurban growth in the city, as pavement blocks the normal drainage of rainfall into the ground. However, since a warm atmosphere can hold more moisture, climate change could also be influencing the frequency of extreme precipitation events like those witnessed in Houston this week." Learn more about safety before, during and after a flood event:http://bit.ly/1yQ1DCk
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Munich Re's Vasturia: Diverse skills make for better charitable work via @AMBestCo http://bit.ly/1LR0G5X
John Vasturia, the new chairman of the board for the Insurance Industry Charitable Foundation, said the insurance industry attracts a unique mix of skills that makes it better positioned to undertake charitable activities.
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TOPICS Geo 2015 - 2015 was another year in which losses from natural catastrophes remained fairly low. In fact, overall losses and insured losses were even below the 30-year average. The natural "climate oscillation" El Niño had a marked influence on the patterns of weather-related events, and was partly responsible for the low level of hurricane activity in the North Atlantic. The current issue of Topics Geo provides the facts and figures behind the year's events and analyses the processes that caused them. View publication: http://bit.ly/21HkigA
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"We've done a lot of research around climate change, the impact on losses, and through education, how do we inform people to do things better," said Munich Re's Carl Hedde in a recent Washington Post article. "We have to make the homes and businesses we live in and work in more resilient." Read the Washington Post article about the movement toward building homes that are more resilient to extreme weather: http://wapo.st/1O2VOoz.
Resilient-design strategies can help end worries about drafts, mold and flooding.
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Nanotechnology - A pervasive technology whose risks are just beginning to be understood.
Nanotechnology is the science of manipulating materials on the nano scale – materials so small that they can only be seen with powerful specialized microscopes. It is among the fastest-growing areas of science and technology and, as with any new technology, presents new and unique risks. Learn more about the future of Nanotechnology in Munich Re's most recent white paper: http://bit.ly/1Q5iMCU
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RAA's upcoming Cat Risk Management program will feature Munich Re professionals sharing their expertise. It is being held Feb. 16-18 in Orlando, FL. On 2/16, Munich Re's Carl Hedde, SVP & Head of Risk Accumulation, will lead off with an overview of worldwide cat events in 2015. Later that day, Hjörtur Thráinsson, Sr Corp Underwriter, will discuss causes of loss & clash potentials that are not always accounted for in probabilistic cat risk models & how to deal w/them. Then, Mark Bove, Sr Research Meteorologist, will discuss "Gray Swan" tropical cyclone events. Learn more: http://bit.ly/1SnioAm
“This is probably the most important multi-disciplinary conference in the Cat Modelling world. RAA puts together a wide range of topics covering all aspects of cat-related topics. It is the best place to meet leading experts and have non-bias discussions.” Judy Woo, PhD, Torus Insurance ...
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Have them in circles
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Half Marathons Halfmarathonsearch.com Half Marathon Calendar & Running Resources's profile photo
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Welcome to the official Google+ page of Munich Re (US), one of the world’s leading risk carriers. http://www.munichre.com/en/service/imprint.aspx
Introduction
You want to grow your business and enhance your bottom line, but market conditions and competition makes achieving your goals more challenging. Risk experts across Munich Re’s U.S. business units work together to assemble the right mix of products and services for you – from traditional reinsurance coverages that protect your balance sheet, to niche and specialty reinsurance and insurance products that help you stay competitive.