Munich Re axes major client at 1/1, cutting 9 pts from renewals growth

23-02-2023

Munich Re axes major client at 1/1, cutting 9 pts from renewals growth

Global reinsurance group Munich Re held to 1.3% volume growth at the 1/1 renewals largely on account of dropping one major client with an unpreferred profile, but cheers that its trigger shy ways have ensured dry powder for pending reinsurance renewals with their higher nat cat profile.


Reinsurance, 1/1 Renewals, Treaty Renewals, Quota Share, Excess of Loss, Property Catastrophe, Munich Re, Financial Results, Germany, Global

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