Munich Re posts Q1’25 net result of €1.1bn, maintains FY profit guidance despite LA wildfire loss

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Reinsurance News - May 13, 2025

Reinsurance industry giant Munich Re has today reported a net result of €1.1 billion for the first quarter of 2025, despite losses from the Los Angeles, California wildfires in January of around €1.1 billion, which pushed the combined ratios for property and casualty (P&C) and Global Specialty I...

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