Combined property/casualty ratio of Munich Re 2008-2023
The combined property/casualty ratio of Munich Re fluctuated cfonsiderably between 2008 and 2023. Combined ratio is a measure used by insurance companies to determine how well it is performing in its daily operations. A ratio below 100 percent indicates that the company is making underwriting profit, whereas a ratio above 100 percent means that the company is paying out more in money claims that it is receiving in premiums. As of 2023, the combined property/casualty ratio of Munich Re was 85.2 percent.