Big Data

A Chance to Get Ahead

Von Bornhard laif
Munich Re's CEO Nikolaus von Bomhard is one of many re-insurers looking for growth.
  • Why it matters

    Why it matters

    Munich Re will need to find ways to stay ahead of the pack if it wants to remain the global dominator in the re-insurance market that it is today.

  • Facts


    • Global re-insurers met for an annual conference in Monte Carlo over the weekend, the 59th such meeting.
    • With interest rates at all-time lows, pension funds and institutional investors are looking to muscle their way into the lucrative re-insurance business, pushing down prices.
    • About 60 percent of insurance executives see Big Data as the next big source of revenue.
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