World Insurance Report
Munich Re
Munich Re has made it clear that it will defend its global ‘number one’ position – even at high cost. Chief executive Hans-Jürgen Schinzler
said that the company was actively seeking to become ‘number one’ in life reinsurance, and was set to expand its position
in property/casualty. In terms of net premium income,
Swiss Re is less than DM1bn (US$460mn) behind
Munich Re.