Munich Re Q3 P&C result more than triples to EUR1.19bn
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Munich Re Q3 P&C result more than triples to EUR1.19bn

The carrier attributed the results to a significant fall in major-loss expenditure.

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Munich Re has reported a P&C consolidated result of EUR1.19bn ($1.38bn) for the third quarter, more than tripling the EUR263mn reported for the prior-year period.

The

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