Munich Re cut proportional property exposure at July renewals
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Munich Re cut proportional property exposure at July renewals

Munich Re logo Munich Germany.jpg

Munich Re reduced its proportional property business at 1.7 and wrote no new quota share casualty business as pricing failed to keep pace with inflation in these lines.

On a call following the publication of the carrier’s Q2 results today, CEO Joachim Wenning explained the reduction in proportional property exposure that was highlighted in the company’s latest presentation.

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