Munich Re 'tapping and shaping' as profit tops expectation despite COVID-19 burden

10-08-2021

Munich Re 'tapping and shaping' as profit tops expectation despite COVID-19 burden

Global reinsurer Munich Re has delivered a solid quarterly and half-year profit that topped expectations despite the ongoing burden of pandemic-related losses, leading it to raise its gross premium forecast for 2021. The company's chairman Joachim Wenning (pictured) said that "Munich Re is tapping and shaping" to take advantage of the new business opportunities it is seeing in the market, as well as making good use of the improving pricing environment.


Munich Re, COVID-19, Profits, Q2 Results 2021, Insurance, Reinsurance, Joachim Wenning, Germany

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