Search
 

Munich Re: U.S. 'Home Turf' for Alternative Capital; Threat to European Market Limited

Reinsurer Munich Re expects to keep its pricing power steady in renewing risk cover contracts with insurers in the coming weeks, playing down the competitive threat from pension fund investors that may undermine prices.

By Reuters | Updated on October 21, 2013

BADEN-BADEN, Germany (Reuters) – Reinsurer Munich Re expects to keep its pricing power steady in renewing risk cover contracts with insurers in the coming weeks, playing down the competitive threat from pension fund investors that may undermine prices.

The world’s biggest reinsurer said it was well positioned for negotiations with insurance companies for new contracts for reinsurance cover that take effect on Jan. 1, as talks with insurers get underway in this southern German spa resort.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.