One treaty pushes Munich Re's written premiums up 42% at July renewals
Posted On: Aug. 9, 2018 7:56 AM CSTMunich 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.