Munich Re posts P&C combined ratio of 82% for Q3
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Munich Re posts P&C combined ratio of 82% for Q3

Aisling Finn
08 November 2023
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Munich Re’s P&C segment booked a consolidated profit of EUR644mn ($687.9mn) for Q3 as it reported significantly lower losses than the prior-year quarter, which was largely affected by Hurricane Ian.

The (re)insurer said it was on track to surpass its initial annual target of EUR4bn and has raised its guidance to EUR4.5bn.

Underwriting:

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