Bloomberg Daybreak Weekend: Inflation, Weather, Baba
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The Risk of Uninsured in Europe
Ernst Routh, head of Corporate Climate Centre at Munich Re. How do we think about earnings that we're going to get for Munich Re and the other big insurance names across Europe? I don't know how big natural catastrophe will be in terms of their bottom line. We may see some more claims in Italy and Germany in the second quarter due to the floods but they did not have huge natural catastrophe expenses over in the first quarter.
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