Munich Re Specialty expands underwriting capacity in Ireland

06/09/2026

Munich Re Specialty – Global Markets, Ireland has significantly increased its underwriting capacity across several specialty lines, giving Irish brokers access to broader product coverage and greater territorial reach for clients.

The capacity expansion covers marine cargo, construction and engineering, and property. The increased deployment is written on Great Lakes Insurance SE paper, backed by the financial strength of Munich Re Group and supported by S&P Global Ratings AA and A.M. Best A+ financial strength ratings.

What this means for brokers is that risks that previously exceeded local capacity thresholds, required multiple markets, or fell outside territorial scope may be considered via a single, highly rated A.M. Best A+ rated carrier with local underwriting presence in Ireland.

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Increasing our capacity deployment is a clear demonstration of our long-term commitment to the Irish broking community. Our goal is to provide brokers with greater flexibility, broader product access, and the security of a highly rated balance sheet, while maintaining local underwriting expertise and claims support in Ireland.

Danielle Champion

Munich Re Specialty - Global Markets, Ireland

Managing Director

The capacity expansion follows four senior appointments across underwriting and claims in Dublin, announced earlier this year. Together, the people and capacity investments reflect our sustained commitment to the Irish specialty market, and a longer-term strategic focus on sustainable growth.