Shutterstock_1448559341 / Munich Re
15 December 2023Reinsurance

Munich Re can take combined ratio to 82% on renewals, eased reserving

Global reinsurance group Munich Re is likely to carve as much as 4 points off its P&C reinsurance combined ratio to 82% in 2024 as it lays off from a period of excess reserve building, continues to earn in on the 2023 market reset and gets a bit of margin boost from 2024 renewals as well, a top official has claimed. 

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More on this story

Insurance
8 August 2018   Munich Re has grown premium volume by 42 percent year on year to about €3.3 billion in the 1 July 2018 renewals.
Insurance
8 August 2018   Munich Re has reduced the reinsurance business in the second quarter of 2018 driven by the life and health (L&H) operations.
News
7 November 2018   Munich Re has taken advantage of organic growth potential in the property/casualty (P&C) reinsurance segment and expanded its portfolio significantly during the third quarter of 2018.