Munich Re P&C CoR deteriorates 14 points on wildfire losses
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Munich Re P&C CoR deteriorates 14 points on wildfire losses

The carrier booked EUR800mn in LA losses in the P&C segment.

By Rachel Dalton
May 13, 2025
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Munich Re has reported a combined ratio for its P&C segment of 83.9%, a deterioration of 14.2 percentage points, as major losses doubled compared with the prior-year period.

The

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News Munich Re Reinsurance Casualty treaty Property treaty Reinsurers Catastrophe losses UK and Europe Results
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