Munich Re sees man-made major loss claims quadruple for third quarter
Munich Re reported "relatively high" man-made major loss claims, which were more than four times the hit it took in Q3 last year.
Its property and casualty reinsurance segment saw a combined operating ratio of 104.7% for the quarter, a deterioration from 100.7% for Q3 in 2018.
Munich Re pegged the hit on “high major losses”
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