Opinion: Munich Re Syndicate oil and gas exit – Starting gun for exodus or bold outlier?
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Opinion: Munich Re Syndicate oil and gas exit – Starting gun for exodus or bold outlier?

Samuel Casey
12 October 2022
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Munich Re logo oil refinery.jpg

Munich Re Syndicate ceasing to write oil and gas business has the whiff of the ravens leaving the Tower of London.

Its announcement that it would cease underwriting the fossil fuels from 1 January 2023 and pivot determinedly towards renewables shocked underwriters and brokers.

The

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OpinionMunich ReEnergy
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Samuel Casey
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