Munich Re and Swiss Re Draw Limits on Data Centre Insurability
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Munich Re CEO Christoph Jurecka broke a lance for classic reinsurance at the start of the industry meeting in Baden-Baden. She will still be there when large parts of the alternative capital are no longer there. Swiss Re Manager Velina Peneva warned against underestimating the development. From the left: Laurent Rousseau (Marsh Re), George Netherton (Oliver Wyman), Christoph Jurecka (Munich Re), Velina Peneva (Swiss Re) and Moderator [...]
The market is under tension. Alternative forms of capital such as disaster bonds flow into business, the risk landscape becomes more complex due to geopolitical upheavals, climate change, cyber threats and the boom of artificial intelligence. In the midst of this transformation, Christoph Jurecka, CEO Munich Re, considers it unwise to doubt the traditional model of reinsurance. He indirectly warns against the dangers of an increasing fragmentati…
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