Munich Re resets major loss expectation as PMLs have grown 
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Munich Re resets major loss expectation as PMLs have grown 

Fiona Robertson, 
Rachel Dalton
23 February 2022
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Munich Re has lifted the projected share of major losses in its target combined ratio by one point to 13%, as its one-in-200-year exposure to hurricane risk has grown in the past year.

Earlier today the reinsurer posted its full-year results, in which it reported a P&C re consolidated profit of EUR648mn ($735mn), a six-fold increase year on year.

The

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Fiona Robertson
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Rachel Dalton
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