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International

Pandemic costs to be substantial, but manageable: Munich Re CEO

April 30, 2020 Reprints

Joachim Wenning, chief executive of Munich Reinsurance Co., expects the cost of the COVID-19 pandemic to be substantial but manageable for the reinsurer, Artemis reports. The pandemic will not prove to be a hindrance to Munich Re's business objectives, and may instead benefit from the opportunities that will arise in this challenging environment, he said.

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Pandemic costs to be substantial, but manageable: Munich Re CEO

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