Munich Re speaks of retro market problems
Heightened retrocessional reinsurance prices have led to Munich Re being unable to retrocessionally place some risks, said the company's senior reinsurance underwriters.
Speaking at the Rendez-Vous meeting in Monte Carlo Torsten Jeworrek, one of Munich Re's board of management and chairman of the reinsurance committee, said: "The last 12 months we have seen reduced
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