Munich Re open to more cat exposure as loss ratio remains stable despite headwinds

Munich Re is prepared to take on more nat cat exposure, in spite of concerns around climate change, as the profitability of this line remains acceptable across many segments. Higher 2021 claims have yet to dislodge the group’s long-standing estimate of an 8 percent nat cat loss ratio, CFO Christoph Jurecka (pictured) told his company’s Q3 investor call.