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Interviews - Munich Re silences past critics

Source: Asia Insurance Review | Feb 2010

Amid the most harrowing downturn since the Great Depression, few companies were spared the impact from the turmoil. However, a significant number of players used the period to sharpen their future strategies. Dr Joachim Wenning, Board Member of Munich Re, who oversees the Life Reinsurance division, shares how the Group, which was once criticised for its conservative risk management approaches, had used the time to plan for the upswing of the market and is now in prime position to benefit from its preparation.

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