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Munich Re profits plummet 55% in 2020 amid high COVID-19 losses

24-07-2020 Munich Re’s reinsurance business dragged the company’s 2020 results due to high pandemic-related losses and natural catastrophes, but the rate improvements allowed the company to grow its business in the January renewals. The German reinsurer anticipates the market environment to remain positive and offer attractive growth opportunities in 2021. The rest of this article is locked. Please login to continue reading.   If you dont have a login, you will need to purchase a subscri...
United States Christian Badorff Joachim Wenning Strategy Programme Group Solvency Munich Re

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