Munich Re Q1 P&C profit falls 62% on Covid-19 claims
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Munich Re Q1 P&C profit falls 62% on Covid-19 claims

Rachel Dalton
07 May 2020
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Munich Re reported Q1 profit of EUR141mn ($152.3mn) for its P&C reinsurance unit, down almost 62 percent year on year as the carrier booked EUR973mn in man-made losses, mostly from Covid-19 claims.

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