Munich Re adds $1.33B of COVID-19 losses
Business Insurance - Dec 01, 2020
Munich Re said its reinsurance operation will face €3.4 billion ($4.10 billion) of COVID-19 losses this year, up from €2.3 billion ($2.77 billion) for the first nine months, and has revised its group profit forecast for 2020 to €1.2 billion, down from €2.7 billion last year....
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