Munich Re posts stable third quarter
Global reinsurer Munich re has posted a combined ratio of 92% for its third-quarter reinsurance operations in 2006 on gross written premiums unchanged from the comparable in 2005 at €5.5bn.
The figures contrasted with a combined ratio of 124.6% for the same quarter a year earlier when natural catastrophe losses, notably from Hurricanes Katrina and Rita, added 32.9 percentage points to
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