Munich Re results plummet in 2017 but rate rise allows for growth at renewals
Munich Re faces 2017 profit of around €350m instead of €2.0-2.4bn
Munich Re seeks US growth as rates rise on back of nat cats
Source: Munich Re
Munich Re incurred a net loss of €1.4 billion in the third quarter of 2017 due to the impact of natural catastrophes in North America but expects “significant” market recovery.
Munich Re, Results, Catastrophe, Insurance, Reinsurance, North America, Europe, Jörg Schneider