Munich Re reports ‘all-time’ low COR of 73.5% in FY25, APAC P&C revenue down 12%

February 26 2026 by

Global reinsurer Munich Re’s property and casualty reinsurance segment reported an “all-time low” combined ratio of 73.5% for FY25, “supported by very benign major losses”.
The P&C reinsurance bus...

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