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Broker Investments In Carriers Challenged By Munich Re CEO

Dr. Nikolaus von Bomhard, chief executive officer of Munich Re, kicked off the controversy when he counseled against such investments at a CEO Leadership Panel at the World Insurance Forum in Southham

By Susanne Sclafane | Updated on March 01, 2006

The head of a reinsurance firm has clashed with an insurance broker and other executives over the issue of whether broker investments in insurance carriers and carrier stakes in brokers are proper.

Dr. Nikolaus von Bomhard, chief executive officer of Munich Re, kicked off the controversy when he counseled against such investments at a CEO Leadership Panel at the World Insurance Forum in Southhampton, Bermuda, drawing dissenting views from other executives.

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