Munich Re confirms annual guidance; solid quarterly result o

Munich Re confirms annual guidance; solid quarterly result of €527m

Summary of Q3 figures Munich Re achieved a profit of €527m (366m) in Q3 2022, and a total of €1,903m (2,061m) in Q1–3. The quarter was marked by above-average expenditure for natural catastrophes. Munich Re projects losses of around €1.6bn from Hurricane Ian. The operating result fell to –€346m, compared with €204m for the sameSummary of Q3 figures Munich Re achieved a profit of €527m (366m) in Q3 2022, and a total of €1,903m (2,061m) in Q1–3. The quarter was marked by above-average expenditure for natural catastrophes. Munich Re projects losses of around €1.6bn from Hurricane Ian. The operating result fell to –€346m, compared with €204m for the same » The FINANCIAL Business

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Munich , Bayern , Germany , , Hurricane Ian , After Hurricane Ida , Storm Bernd , Business ,

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