European Reinsurance Market Dynamics Are Strong, Munich Re Says -- Market Talk

Dow Jones10-21

0822 GMT - There is growing demand for reinsurance in Europe, namely property reinsurance protection, Munich Re says. The German reinsurer says that these sound market dynamics require efficient risk sharing between reinsurers and primary insurers. Munich Re is investing in its underwriting capabilities to meet this demand, particularly in the areas of natural catastrophes, motor and cyber. "We aim for ever deeper partnerships with our clients and for creating new ones," board member Clarisse Kopff says. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

October 21, 2024 04:22 ET (08:22 GMT)

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