Munich Re looks to focus on risk management, technology

Munich Reinsurance Co. is increasingly looking to focus on core areas such as risk management and risk transfer along with new technologies to boost its profit, Artemis.bm reports. The reinsurer is likely to sell its asset management unit Munich Ergo Asset Management GmbH to focus on the risk side of its business. Munich Re is also increasing its use of alternative capital and retrocession to further increase profit margins.

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