Munich Re expects mid-triple-digit-million-euro loss from Melissa
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Munich Re expects mid-triple-digit-million-euro loss from Melissa

The shuttering of Munich Re Ventures reflected a focus on the reinsurer’s “core offering”.

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Munich Re expects losses from Hurricane Melissa to be comfortably within budget for the fourth quarter, with the storm likely to deliver a mid-triple-digit-million-euro claim for the reinsurer.

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