Presentation - Renewals 2004 - Munich Re
Presentation - Renewals 2004 - Munich Re
Presentation - Renewals 2004 - Munich Re
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<strong>Munich</strong> <strong>Re</strong>’s renewals<br />
Pricing<br />
Overview<br />
<strong>Re</strong>insurance group Business units / Lines of business Outlook<br />
– <strong>Munich</strong> <strong>Re</strong> met profitability targets in all lines of business and regions<br />
– Consolidation of property rates at a technically adequate level<br />
– Casualty rates show further increase<br />
– Aviation business with price reductions but still risk-adequate<br />
Improved <strong>Munich</strong> <strong>Re</strong> portfolio through consistent<br />
and selective underwriting<br />
7
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