Munich Re reported a 31% drop in net profit in the second quarter due to write-downs on stock investment losses on Tuesday, but it maintained its profit target for 2022. Despite this, the world’s largest reinsurer warned that its forecasts and targets were subject to “considerable uncertainty” due to the fragile economy, volatile markets, the… Continue reading Munich Re Stays on Track for 2022 Profit Target, But Posts 31% Drop in 2Q Net Profit
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