News/comment

10 March 2010

Insurers' $4-7bn Chile quake hit won't up prices

By Reuters News

  • Reinsurers see $4-$7bn insured losses from Chile quake
  • Loss may not reverse reinsurance price downtrend -analysts
  • Munich Re eyes 2010 net above €2bn vs €2.5bn in 2009
  • Munich Re sees an "increase in results" in 2011
  • Chile, Xynthia cost Munich Re €500m, Swiss Re $500m
  • Munich Re weighs more share buybacks vs capital, growth
  • Munich Re shares edge up 0.3%, Swiss Re down 0.5%

For full story, go to: http://communities.thomsonreuters.com/ILS/502560

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