• Net profit attributable to shareholders increased by 37% to €993m for Q2 19 • Q1 net profit came in markedly above the (old) consensus estimates and the company guidance of €2.5bn for FY2019 • The development of the reinsurance sub-segments was fairly mixed • With regard to all July renewals, prices rose by 0.5% and premium volume rose by 9% to around €3.5bn for Munich Re
07 Aug 2019
Excellent Q2 results and volume increase at the July renewals
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Excellent Q2 results and volume increase at the July renewals
Munich Reinsurance Company (MUV:WBO) | 0 0 (-0.2%) | Mkt Cap: 28,293m
- Published:
07 Aug 2019 -
Author:
Dieter Hein -
Pages:
3
• Net profit attributable to shareholders increased by 37% to €993m for Q2 19 • Q1 net profit came in markedly above the (old) consensus estimates and the company guidance of €2.5bn for FY2019 • The development of the reinsurance sub-segments was fairly mixed • With regard to all July renewals, prices rose by 0.5% and premium volume rose by 9% to around €3.5bn for Munich Re