Best: Munich Re' Non-Life Biz Improved
NU Online News Service, June 5, 3:18 p.m.EDT?A.M. Best Co., commenting after Munich Re reportedfirst-quarter losses, said despite further write-offs in investmentportfolios, the capitalization for the world's largest reinsurerremains "superior" and that its non-life reinsurance underwritinghas improved over the past year.
The Oldwick, N.J.-based rating firm currently has"A-Double-Plus" (superior) financial strength rating for theMunich, Germany-headquartered reinsurer and its mainsubsidiaries.
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