Munich Re with solid profit for the quarter, considering high losses

The FINANCIAL — Munich Re published Quarterly Statement. Munich Re generated a profit of around €1bn in the first three quarters of 2020 – despite COVID-19-related losses of €2.3bn In Q3, profits amounted to €199m (COVID-19-related losses in Q3: approx. €800m) Substantial increase…

10 mins read

EBRD and Japan strengthening economic cooperation

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) and Nippon Export and Investment Insurance (NEXI) are seeking to strengthen their relationship and accelerate their efforts to develop economies in regions where both organisations operate. In a Memorandum of Understanding signed by…

2 mins read