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Munich Re expects reinsurance pricing to improve mid-year

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Munich Reinsurance Co. expects reinsurance pricing to hold up better during mid-year renewals, the reinsurer said. It said pricing was a factor in its lower results for the first quarter of 2014, reported.

Speaking about the mid-year renewals, it said it "expects the price erosion for natural catastrophe covers to be less than" in the April 2014 renewals.

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