Munich Re CEO Calls for Greater Willingness to Perform

Joachim Wenning is worried about Germany's competitiveness. Too little work is being done in this country. In the Handelsblatt interview, the Munich Re-Chief defended his political comments at the Annual General Meeting. In addition, he assessed the start of the new federal government, the consequences of Donald Trump's customs policy, and gave a solution to how to save greenhouse gas emissions – instead of making reporting obligations on the ca…

Joachim Wenning, CEO of reinsurer Munich Re, is demanding more from the Germans. Germany fulfills all the prerequisites to return to its former economic strength – but this path is fraught with unreasonable demands and cuts, he told the "Handelsblatt" (Tuesday edition). Every good economic policy also creates distributional disadvantages. "What matters is what is economically advantageous overall," Wenning said. To achieve this, the new governme…