Jebi creep costs Munich Re EUR80mn in Q2 as P&C profits double

07 August 2019

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Munich Re took EUR80mn ($89.6mn) of losses from Typhoon Jebi in the second quarter as profit from the P&C reinsurance unit doubled from EUR355mn to EUR704mn year on year.

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Jebi creep costs Munich Re EUR80mn in Q2 as P&C profits double

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Jebi creep costs Munich Re EUR80mn in Q2 as P&C profits double

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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