Munich Re’s Jeworrek: Upholding reinsurance pricing ‘absolutely necessary’
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Munich Re’s Jeworrek: Upholding reinsurance pricing ‘absolutely necessary’

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Reinsurers must continue to uphold or improve on P&C pricing to carry risks sustainably in the face of recent hurricane activity, growing cyber liabilities and social inflation in casualty, according to Munich Re.

At the carrier’s virtual Monte Carlo press conference this afternoon, reinsurance CEO Torsten Jeworrek said the industry had “taken action” to keep up with loss trends since the run of major North Atlantic hurricanes, Asian typhoons and US and...

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