Munich Re lifts 2023 profit guidance with ‘significantly’ better P&C combined ratio

15-12-2022

Munich Re lifts 2023 profit guidance with ‘significantly’ better P&C combined ratio

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Reinsurance giant Munich Re is targeting a consolidated profit of around €4 billion for the 2023 financial year under the new reporting standard IFRS 17, with around €3.3 billion coming from its reinsurance field of business.


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