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Munich Re interested in acquiring primary insurers


Jorg Schneider, CFO at Munich Reinsurance Co. has said that the reinsurer is looking to make acquisitions in the primary insurance sector if prices come down, Handelsblatt Global reported. 

"Primary insurers with specializations that would expand Munich Re's expertise would be the ideal acquisition partners," said Mr. Schneider. 
But he said he does not expect prices to come down in the near term.

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