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11 November 2025Reinsurance

Munich Re on track for a €6bn 2025 FY target: CoR down 17 pts YoY

Global reinsurance group Munich Re took a heady boost to its P&C reinsurance underwriting margins in the third quarter, sufficient to tighten the full-year cost of risk forecast by five points, while admitting a decline in revenue could be traced in part to select rate adequacy slippage.

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