Capacity generated by retained earnings will hold its ground on discipline: Munich Re

Demand for reinsurance is climbing and supply is abundant. But in contrast to previous cycles, capacity in this market is largely self-funded by incumbent carriers’ earnings rather than a new wave of third-party capital. Because of this, underwriting discipline, especially on US casualty, remains a red line.

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Capacity generated by retained earnings will hold its ground on discipline: Munich Re

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