Munich Re raises 2023 profit guidance to €4bn under IFRS 17

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Reinsurance News - Dec 15, 2022

German reinsurance giant Munich Re is aiming for a consolidated profit of roughly €4 billion for the 2023 financial year under the new IFRS 17 reporting standard, with profit of around €3.3 billion expected in the reinsurance field of business. At the same time, the reinsurer anticipates insurance r...

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