Munich Re puts HNW MGA into run-off

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GrovesJohnWestrup, the high-net-worth arm of Munich Re, has been put into run-off as of Monday (1 July), Insurance Post can reveal.

A Munich Re Specialty spokesperson said: “A recent strategic review of our business has led to the difficult decision that GrovesJohnWestrup Private Clients will cease writing new business from 1 July

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