German reinsurer Munich Re is planning to reduce jobs through attrition but may turn to voluntary buyouts at its ERGO insurance unit, CEO Christoph Jurecka said.
Speaking to journalists on Thursday evening in Munich, Jurecka said that natural fluctuation “may possibly not be enough” for Ergo, where many routine tasks can be automated.
(Reporting by Alexander Huebner, writing by Tom Sims, editing by Thomas Seythal)
Copyright 2026 Reuters. Click for restrictions.
Was this article valuable?
Here are more articles you may enjoy.
State Farm Paid a ‘Hail’ of a Lot of Claims in 2025 
Business Interruption Claims Arising From the Middle East Conflict 
‘The Arms Race Is On’: Chubb’s Greenberg on Mythos, Middle East 
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
