8 May 2024Reinsurance

Munich Re hikes margins for 11 ratio points, but warns on early optimism

Global reinsurance group Munich Re hiked P&C reinsurance margins to the tune of 11 combined ratio points in the first quarter on a dearth of major losses, save for the Baltimore Bridge, against mid-single digit revenue gains, but warned against drawing longer-term conclusions quite yet.

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Munich Re hikes margins for 11 ratio points, but warns on early optimism

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