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Munich Re: No renewal or new business with Iran


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    Due to the political situation in Iran Munich Re has decided to not renew existing business or write any new business with insurance companies there. This decision will have an impact on Munich Re’s premium volume of around €10 million.
    This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Munich Re. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments.