Munich Re expects to hit 2021 profit goal despite high loss burden in Q3

20-10-2021

Munich Re expects to hit 2021 profit goal despite high loss burden in Q3

shutterstock/Chris Redan

Germany-based global reinsurer Munich Re has revealed that it expects to report a profit of around €400 million in the third quarter of 2021, despite facing heavy losses from natural catastrophes during this period. Its annual profit target of €2.8 billion also remains unchanged.


Munich Re, Profits, Q3 Results 2021, COVID-19, Floods, Hurricanes, Catastrophe, P&C, Insurance, Reinsurance,

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