Nat cat ‘most profitable’ but there are limits to growth: Munich Re
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Nat cat ‘most profitable’ but there are limits to growth: Munich Re

Liz Bury
23 February 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Munich Re logo Munich Germany.jpg

Nat cat was among Munich Re’s most profitable lines of business last year – however, although the reinsurer is strongly capitalised, there are limits to its appetite for growth in specific perils, the company said.

Asked about the potential for growth in nat cat lines, Joachim Wenning, CEO, told analysts on the firm’s earnings call “there is not unlimited potential for us to grow in each individual peril as much as the market wants...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsResultsMunich Re
liz bury 2024 ii red 2.png
Liz Bury
Editor, Insurance Insider ILS
Contact
Gift this article