Our Scans · Munich · Weekly Summary

• The Munich center is expected to play a pivotal role in TSMC's broader strategy, assisting Europe in its quest to reduce reliance on Asian semiconductor supply chains and enhance technological sovereignty. OpenTools
• Positioning itself as a catalyst for innovation, TSMC's Munich design center is expected to play a crucial role in addressing the current shortage of advanced chip design expertise in Europe. OpenTools
• As the frequency of flooding increases, Munich Re highlights insurers which will play a crucial role in educating property owners about the risks and available insurance options. Insurance Business
• Despite sizable claims from the LA wildfires in January, Moody's anticipates strong earnings prospects for the four largest European reinsurers, Munich Re, Swiss Re, Hannover Re, and SCOR, in 2025, driven by persistently strong demand for reinsurance and robust investment returns. ReinsuranceNe.ws
• Munich Re stated, The insurance industry must prepare for the risk of prolonged inflation that is even higher than already expected - which would have a particular impact on lines of business with long run-off periods, such as third-party liability. ReinsuranceNe.ws
• Integrated ground testing is planned for 2027 at the Electric Aircraft System Test House in Munich, combining the propulsive bench and hydrogen distribution system for comprehensive system validation. Mirage News
• By 2027, integrated ground tests will take place at the Electric Aircraft System Test House in Munich, where the propulsive bench and hydrogen distribution system will be combined for full system validation. Travel And Tour World
• BMW's flagship Munich plant is set to only produce BEVs from late 2027, with the company also setting up a manufacturing site in Germany for its sixth generation of batteries. Hydrogen news and intelligence | Hydrogen Insight
• The biggest threat facing Europe comes 'from within', not from Russia and China, at the Munich Security Conference last week, accusing Europe of disregarding voters and enabling censorship of alternative views. Visegrad Insight
• US allies expect Trump's administration to present a long-awaited plan to end Russia's war on Ukraine at the Munich Security Conference in Germany next week. Hindustan Times
• The Los Angeles wildfires could consume more than 30% of the aggregate natural catastrophe budgets set for 2025 by Europe's four largest reinsurers - Swiss Re, Munich Re, Hannover Re and SCOR. Insurance Journal
• The L.A. could consume more than 30% of the aggregate natural catastrophe budgets set for 2025 by Europe's four largest reinsurers - Swiss Re, Munich Re, Hannover Re and SCOR. Insurance Journal
• The L.A. fires could consume more than 30% of the aggregate natural catastrophe budgets set for 2025 by Europe's four largest reinsurers - Swiss Re, Munich Re, Hannover Re and SCOR. Insurance Journal
• Europe's big four reinsurers - Munich Re, Swiss Re, Hannover Re and Scor - will have used up around a third of their 2025 natural catastrophe budgets in the first two weeks of the year. MarketScreener
• Munich Re highlights the potential for digitalization to improve productivity and create opportunities, especially in areas such as cyber insurance. Insurance Business
• Startup Hubs: Cities like Berlin and Munich offer vibrant startup ecosystems with incubators, accelerators, and networking opportunities that foster entrepreneurial growth. ase/anup
• Munich Re is recognized as the world's largest provider of reinsurance, primary insurance, and risk solutions. Insurance Business
• German federal development bank KfW and insurance company Munich Re have announced a joint loan programme to hedge exploration risks and support further geothermal development in Germany. ThinkGeoEnergy
• Munich Re has set its sights on achieving a net profit of €5 billion in 2024, bolstered by strong operational performance across its business segments. Insurance Business
• As the risk landscape grows more complex, Munich Re said that it continues to invest in risk modeling and expertise to navigate volatility, particularly in areas such as natural catastrophes, motor insurance, and cyber risks. Insurance Business
• Munich Re North America Life has launched a new longevity reinsurance solution tailored for the US and Canadian markets, offering clients the ability to accumulate assets while mitigating biometric risks. Insurtech Insights
• Radiohybrid PSMA offers the potential for targeted treatment for men with prostate cancer and originated at the Technical University of Munich, Germany. Yahoo Finance

Last updated: 26 June 2025