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Reinsurers have won the battle so far in 2023: Deutsche Bank

November 29, 2023

As the primary vs reinsurance debate rolls on, analysts in the Deutsche Bank European Insurance Team suggest reinsurers have “won the battle” so far in 2023 in terms of relative share price performance, particularly SCOR and Munich Re.

“Momentum remains generally supportive too, though we would argue that in some cases this is now appropriately reflected in the share price,” Deutsche Bank’s analysts explained in a recent report.

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