Munich Re's performance 'will decline' in 2020, predicts S&P

S&P Global Ratings has revised down its earnings projections for Munich Re as analysts believe that the reinsurer's performance "will decline" due to COVID-19 related P&C losses, with its combined ratio reaching 103 percent for the financial year 2020.

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Munich Re, S&P, Coronavirus, Insurance, Reinsurance, 2020 results, Q1, Ratings, Europe

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