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Munich Re expands property/casualty reinsurance book

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Munich Reinsurance Co. property/casualty reinsurance premiums grew nearly 17% to €5.3 billion ($6.3 billion) in the first quarter, driven by organic growth and better pricing, Artemis.bm reports. Munich Re's property/casualty reinsurance premiums totaled €4.5 billion in the first quarter of 2017. The reinsurer's premiums grew 8% to €1.6 billion at the April renewal season.

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