Nat cat ‘most profitable’ but there are limits to growth: Munich Re
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Nat cat ‘most profitable’ but there are limits to growth: Munich Re

Liz Bury
23 February 2023
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Nat cat was among Munich Re’s most profitable lines of business last year – however, although the reinsurer is strongly capitalised, there are limits to its appetite for growth in specific perils, the company said.

Asked about the potential for growth in nat cat lines, Joachim Wenning, CEO, told analysts on the firm’s earnings call “there is not unlimited potential for us to grow in each individual peril as much as the market wants...

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