Munich Re P&C Q4 operating profits surge as CoR improves to 83.5%
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Munich Re P&C Q4 operating profits surge as CoR improves to 83.5%

The carrier pegged its claims expenditure for the LA wildfires at EUR1.2bn.

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Munich Re has reported a fourth-quarter consolidated result of EUR1.21bn ($1.3bn) in its P&C Re unit, up from EUR169mn in the prior-year quarter.

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