Ergo Asset Management arm aids reinsurer’s energy target

Munich Re has bought three wind farms in the UK with a total output of 102 megawatts.

The reinsurer’s Munich Ergo Asset Management arm bought the Tir Mostyn farm in wales, Scout Moor outside Manchester and Bagmoor in Lincolnshire.

Munich Re currently invests £472.8m (€600m) in renewable energy and wants to increase this to £1.97bn (€2.5bn), according to The Daily Telegraph.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.