Munich Re's Q3 Profit Soars to €2B, Defying Major Loss Costs
Update: 2025-11-11
Description
Munich Res third-quarter profit surges to two billion euros, driven by a significant drop in major loss costs within their property-casualty reinsurance segment. Despite a slight dip in overall insurance revenue, the operating result increased substantially. The company maintains its full-year profit forecast and adjusts expected combined ratios, reflecting lower major loss expenditures.
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