Jurecka: Munich Re expects ‘positive price dynamics’ in Europe after flooding
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Jurecka: Munich Re expects ‘positive price dynamics’ in Europe after flooding

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Munich Re anticipates positive price movements on European property reinsurance following the historic flooding that struck the centre of the Continent last month.

Speaking on a conference call to discuss the carrier’s Q2 results today, CEO Christoph Jurecka said he expected the flooding would create a “catch-up” effect by which European rates increase to be more in line with those in other...

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