Munich Re issues profit warning on Covid-19 cancellation losses

01 April 2020

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Munich Re said Q1 event cancellation losses due to Covid-19 would lead to a drastic drop in its quarterly profits, as it withdrew its profit guidance of EUR2.8bn

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Munich Re issues profit warning on Covid-19 cancellation losses

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Munich Re issues profit warning on Covid-19 cancellation losses

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM