Munich Re forecasts profits to dip, combined ratios to soar in 2017


The world’s biggest reinsurer has suggested its profit for 2017 will be lower than in 2016 on the back of a challenging environment with combined ratios increasing and its reinsurance unit specifically contributing less to profits. But it has also forecast growth in its reinsurance business.

Munich Re, Reinsurance, Nikolaus von Bomhard, Europe

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