Munich Re Specialty expands into Spanish insurance market [Yahoo! Finance]
MUENCHENER RE GP UNSP/ADR (MURGY)
NASDAQ:AMEX Investor Relations:
ir.kiterealty.com
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Source: Yahoo! Finance
This move is part of a strategic initiative to expand Munich Re Specialty's presence across Europe, building on its existing business in the UK, Ireland, and Germany. Gianluca Piscopo has been appointed as the country manager to oversee the daily operations of the primary business in Spain, with an office set to open in Madrid. Having joined the company in September 2024, Piscopo brings experience and knowledge of the Spanish market. He will be responsible for driving growth strategies and strengthening relationships with brokers and clients. Piscopo will report to Munich Re Specialty - global markets, Europe CEO Silvi Wompa Sinclair. To bolster its underwriting capabilities in Spain, Munich Re Specialty has named Miguel Peces as head of underwriting for the new branch. The company also plans to recruit additional roles to support its specialty business and capitalise on local market opportunities. However, the expansion into Spain is contingent upon receiving further r
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