Munich Re posts rise in Q3 profit despite Hurricane Ian losses of €1.6 billion

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Reinsurance News - Nov 08, 2022

Global reinsurer Munich Re has reported profit of €527 million and €1.9 billion for the third quarter and first nine months of 2022, respectively, despite a rise in major losses within property and casualty (P&C) reinsurance on the back of Hurricane Ian losses of around €1.6 billion. Profit for...

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