Munich Re 2024 nat-cat budget likely to be in line with 2023
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Munich Re 2024 nat-cat budget likely to be in line with 2023

munich re logo catastrophe events split.jpg

Munich Re said its natural catastrophe budget will be “more or less in line with this year” in an analyst call following the publication of its 2024 outlook.

CFO Christoph Jurecka told analysts that, while the reinsurer will not complete its budget until after the January 1 renewals, following a statistical analysis on basic and large losses, the current assumption is for the 2024 cat budget to...

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