Soft reinsurance market to reveal who takes ROE seriously: Munich Re
Posted On: Mar. 12, 2015 12:00 AM CSTMunich Reinsurance Co. has warned that the current soft reinsurance market will reveal which firms are taking their return-on-equity targets seriously, Artemis.bm reported.
The reinsurer anticipates capital and reinsurance markets to be challenging in 2015. Munich Re also expects "fierce competition" to continue in 2015. "Rigorous cycle management and underwriting discipline, and excellent client service, will therefore still be extremely important," said Munich Re chief executive Nikolaus von Bomhard.