Underwriters communicate our risk appetite
A skyscraper built in an earthquake hot zone, cargo traveling pirate-infested waters – what could possibly go wrong? For our underwriters writing such risks is part of their daily diet.
Making the world of risks manageable
Underwriting needs experience, imagination & analytical thinking
Targeted analysis & business intuition
Before signing a contract, our underwriters gather all relevant information on the risk in question and analyze it carefully. For reinsurance solutions, they assess the risk of original policies and evaluate insurance portfolios. In assessing large, complex individual risks, they also draw on their specialist knowledge of industry, economics and law, and, if necessary, on the knowledge of Munich Re's global teams of experts.
The main tasks of our underwriters are to calculate premiums and work out contract terms that are acceptable to both sides. For this, they sometimes conduct intensive negotiations with their clients before finally drawing up and signing the contract.
I look at risks from all angles – technical, legal and social. The challenge inspires me, not just intellectually.
What we look for in underwriters
Current topics in the field of operating risks
Challenges in the field of underwriting
At Munich Re, we work hand in hand with scientific institutes on a daily basis. My team and I develop diverse risk models - our highest priority and also the base for insurance is the transparency of future risks.