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International

One treaty pushes Munich Re's written premiums up 42% at July renewals

August 09, 2018 Reprints

Munich Reinsurance Co.'s underwritten premiums increased 42% at the July renewals to €3.3 billion (3.8 billion), Artemis reported. The rise was driven by one large-volume treaty in Australia, as well as profitable growth in the U.S. underwriting reinsurance quota share business. Munich Re achieved an overall price rise of 0.9% at the renewals. The reinsurer experienced a 14% rise in Australia, a 15% rise in Latin America, and 27% rise in North America.

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One treaty pushes Munich Re's written premiums up 42% at July renewals

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