Munich Re profits fall 77% on €800m COVID-19 hit in third quarter

21-10-2020

Munich Re profits fall 77% on €800m COVID-19 hit in third quarter

Munich Re

Global reinsurer Munich Re has booked COVID-19-related losses totalling about €800 million in its reinsurance unit, resulting in a sharp drop in its profits for the third quarter of 2020.


Munich Re, Third quarter 2020, Losses, COVID-19, Profit, Reinsurance, Germany, Europe, Global

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