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Positive trends for P&C reinsurers to continue: Munich Re chief

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Joachim Wenning, chief executive at Germany-based Munich Reinsurance Co., said the reinsurer is confident that the favorable market environment and positive trends experienced by property and casualty reinsurers over 2023 will continue throughout this year, Artemis reported. He noted that the renewals at Jan. 1 were positive for the firm and it managed to continue 2023’s high level of profitability.

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