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Munich Re reflects on the diversity of renewals

02 February 2012

January 1 renewals were “very heterogeneous”, said Munich Re, which also noted that it had pulled away from some business lines which "no longer met profitability requirements."

Read more: Munich Re Financial Results Renewals

Munich Re has noted that January 1 renewals saw a spread of changes to rates, largely dependent on business lines and geography.

Reflecting on renewals as part of its financial results announcement, the reinsurer said that there had been some marked increases in rates where lines had been particularly affected by losses, citing in particular catastrophe business in the US, Australia and Southeast Asia.

However, prices on European catastrophe business...


17 Dec 2014

In this week's Reactions the Review
RSA restructures organisation
Aviation exposures to exceed $1trn by 2020
Why Tria authorisation failed in the Senate
Final stretch for India Insurance Bill

http://www.reactionsnet.com/pdf/theReview/ReactionsIssue25.3.pdf
View this issue

For more catastrophe reports, data and news, click through to the RMS/Reactions Catastrophe Centre.