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Cutting poorly-worded cyber fuelled decline in Munich Re’s quota share casualty at 1/7. 10 August 2023

It is underwritten by insurers at Lloyd’s, and placed by Acrisure Re. 10 August 2023

It will operate under a delegated underwriting arrangement with Lancashire UK. 10 August 2023

Half year profit ‘considerably greater’ than expected: CEO Joachim Wenning. 10 August 2023

P&C gross written premiums rose 10% and group net profit increased 6% in H1. 10 August 2023

Climate change and enduring inflation compound the market calculus, extend hard market. 10 August 2023

The moves come on the heels of substantial organic revenue growth in recent years. 10 August 2023

Treaty renewals are accelerating April through July after the skittish approach to 1/1. 9 August 2023

New CEO vows to work ‘intensively’ to restore the company’s activities. 9 August 2023

Capacity shortfall ensures hardening into ‘24, leaving little room to rebuild lost layers. 9 August 2023

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