Munich Re’s P&C reinsurance arm reported a 35 percent drop in Q2 profit to EUR335mn ($388mn) due to a significant increase in man-made losses and a higher level of attritional losses.
Munich Re P&C underwhelms on high man-made claims
Munich Re’s P&C reinsurance arm reported a 35 percent drop in Q2 profit to EUR335mn ($388mn) due to a significant increase in man-made losses and a higher level of attritional losses.