Munchener Ruckversicherungs-Gesellschaft Mixed 3Q Results; A Quarter of Disappointing Underwriting
Munchener Ruckversicherungs-Gesellschaft reported a mixed set of third-quarter 2018 results. Clearly, these numbers are much more impressive than the comparable period one year ago. However, that 2017 natural catastrophe season was much more severe than we have come to be used to deal with. And while this isn’t a bad posting for the business in terms of underwriting, it is certainly by no means spectacular. Essentially, the reinsurance result came in at EUR 309 million consolidated. And we get t...
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