Munich Re is exposed to €2.4bn of Irish bonds
City AM has reported that Munich Re has been exposed to €2.4bn (£2bn) of Irish government bonds – around 1.2% of its total non-linked assets.
The paper reports that exposure to the Irish crisis is not as bad as some feared, according to data from Nomura.
Munich Re’s exposure is double that of the next most exposed insurer, ZFS, which has 0
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