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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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Earnings Document

Earnings Document
insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.

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Long faces and irritable conversations : Postcard from Baden-Baden

Inflation, heightened cat activity and years of poor reinsurance returns are fuelling demands for wholesale change in the European market.

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Economic uncertainty and inflation point to tough 1 1 European cat renewal

Reinsurers are demanding price increases and higher retentions as brokers warn cedants to be ‘realistic’.

United statesBaden wübergUnited kingdomLaurent rousseauMonte carloMonte carlo rendezvousHurricane ianStorm berndNorth american

Baden Baden: Cedants demand extra €1 billion in limit - Hannover Re

Baden Baden: Cedants demand extra €1 billion in limit - Hannover Re
globalreinsurance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalreinsurance.com Daily Mail and Mail on Sunday newspapers.

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