Munich Re Q2 P&C profit up by 36%
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Munich Re Q2 P&C profit up by 36%

Its combined ratio stayed under 80%, which may give it room to outperform on annual targets.

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Munich Re lifted its P&C reinsurance net profit by 36% to EUR786mn ($858mn) for the second quarter, on a slightly improved underwriting result and a combined ratio that remained just under 80%.

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