Munich Re cut proportional property exposure at July renewals
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Munich Re cut proportional property exposure at July renewals

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Munich Re reduced its proportional property business at 1.7 and wrote no new quota share casualty business as pricing failed to keep pace with inflation in these lines.

On a call following the publication of the carrier’s Q2 results today, CEO Joachim Wenning explained the reduction in proportional property exposure that was highlighted in the company’s latest presentation.

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