Munich Re eyes Asian expansion

Munich Re is eying Japanese earthquake cover and the Asian
agricultural insurance market as part of its efforst to increase
its market share in Asia Pacific.
Management board member Hermann Pohlchristoph said the reinsurer
is in talks with Japan's three leading carriers about providing
domestic earthquake cover that falls outside the state-backed
scheme.
"We see a significant insurance gap in private and SME
earthquake cover in Japan," said Pohlchristoph, who noted that
the state scheme protects