Munich Re expects global uplift in cat pricing post-HIM

Munich Re has said there are early indications that the third
quarter North American hurricanes will lift property catastrophe
pricing at the 1.1 renewals, with the increase expected to affect
rates globally as well as in the cat-struck region.
Management board member Hermann Pohlchristoph made the
observations during a press conference at the Baden-Baden
Reinsurance Meeting.
He noted that the carrier expected total insured losses from
hurricanes Harvey, Irma and Maria to "very probably be over