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Best's Insurance News & Analysis subscription required - December 01, 2020 12:01 PM (EST)

Munich Re Sets 2021 Targets, Expects 2020 COVID-19 Reinsurance Claims of $4.09 Billion

Munich Reinsurance Co. anticipates €3.4 billion ($4.09 billion) in 2020 COVID-19 reinsurance losses as it set a profit target of €2.8 billion for 2021 along with a profit outlook of €1.2 billion . . .

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