Reinsurance News’ Post

After another year of more than $100 billion of insurance and reinsurance industry losses from natural catastrophes in 2023, and with no major influx of fresh capital, the hard market environment is expected to persist, according to Munich Re’s CEO Joachim Wenning.

We assume the hard market is going to continue, says Munich Re's Wenning - Reinsurance News

We assume the hard market is going to continue, says Munich Re's Wenning - Reinsurance News

http://www.reinsurancene.ws

Richard Shaw MSc FIA

GI Actuary (contractor) and Private Investor

9mo

Insurance losses will increase because of the increased buildings exposure over time, not rocket science. Especially so when building on land otherwise deemed suitable.

Like
Reply
Thomas Witting

Independent Actuary (DAV) and expert in Reinsurance (Non Life and Life&Health)

9mo

What a brilliant performance! Congratulation to Munich Re, its management, staff and shareholders!

See more comments

To view or add a comment, sign in

Explore topics