S&P forecasts 103% combined ratio for Munich Re in 2020
S&P Global Ratings has affirmed Munich Re’s AA- rating, stating it has sufficient capital to resist Covid-19 related losses, but revised down its earnings projections for the German reinsurer.
S&P Global Ratings has affirmed Munich Re’s AA- rating, stating it has sufficient capital to resist Covid-19 related losses, but revised down its earnings projections for the German reinsurer.