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China offers significant growth potential, says Munich Re’s Wenning to China Daily

January 17, 2024

In an exclusive interview with China Daily, Joachim Wenning, Munich Re’s Chair of the board of management, said that the reinsurance giant currently books an annual premium income of approximately $2.19 billion in China, but expects this to rise in the future given the significant risk in the country.

Despite the complicated geopolitical environment, Wenning explained that Munich Re still views China as an important market with promising opportunities.

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