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9 August 2016 News

SPECIAL: Munich Re boss forecasts scarce reserves will shift rates

Large catastrophes have in the recent past not had a significant effect on prices, von Bomhard said during the media conference for the reinsurer’s second quarter results. “It could be that a combination of unlucky or lucky factors suddenly exerts pressure on the market, but that’s not what I expect. The decisive factor will be the reserves,” he said.

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