Munich Re pushes into disease cover

Munich Re has made its pandemic and epidemic risk business a
separate profit centre under the leadership of Gunther Kraut on the
expectation that demand for cover will increase.
Kraut, previously project head for the initiative, became head
of epidemic risk solutions after the unit was formed earlier this
month.
As well as its already-announced collaboration with the World
Bank, for which Munich Re helped structure two classes of pandemic
cat bond, the German carrier has written a small number..