Risk aversion on the wane, for now

Reuters
Posted: Thursday, Dec 04, 2008 at 0101 hrs IST
Updated: Thursday, Dec 04, 2008 at 0101 hrs IST

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Beijing: not fall into the trap again of chasing yield and disregarding risk.”

As for the claims side of Munich Re's business, von Bomhard agreed with Rowe that managing risk is as much about trying to understand human nature and technological change as it is about analyzing actuarial tables.

Von Bomhard reels off some of the imponderables and extreme scenarios that Munich Re is grappling with: electromagnetic waves; nanotechnology; obesity; whether a change in the US administration could lead to higher court awards in civil claims cases; and the changing face of terrorism. ...

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