Munich Re posts €1.4bn Q3 loss as nat cats weigh on results

hurricane

Munich Re has posted a €1.4bn (£1.2bn) loss for the third quarter as the impact of natural catastrophes in the US and Caribbean take their toll on its results.

The group reported a net loss of €1.4bn between July and September, compared with a €685m profit in 2016’s third quarter.

As reported in October, the reinsurance giant is currently facing €3.2bn of

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