Munich Re has commented on the 1 January agreement renewals and released some preliminary figures regarding its Q4 18 and FY2018 business. Munich Re’s preliminary net profit attributable to shareholders increased from €375m for FY2017 to €2.31bn for FY2018. Net profit attributable to shareholders was down by 52% to €255m for Q4 18 compared to Q4 17. Gross premiums written were flat at €49.1bn in FY2018 compared to FY2017. The investment result was down by 14% to &eur
06 Feb 2019
FY2018 figures in line with company's guidance but slightly disappointing
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FY2018 figures in line with company's guidance but slightly disappointing
Munich Reinsurance Company (MUV:WBO) | 0 0 (-0.2%) | Mkt Cap: 28,293m
- Published:
06 Feb 2019 -
Author:
Dieter Hein -
Pages:
3
Munich Re has commented on the 1 January agreement renewals and released some preliminary figures regarding its Q4 18 and FY2018 business. Munich Re’s preliminary net profit attributable to shareholders increased from €375m for FY2017 to €2.31bn for FY2018. Net profit attributable to shareholders was down by 52% to €255m for Q4 18 compared to Q4 17. Gross premiums written were flat at €49.1bn in FY2018 compared to FY2017. The investment result was down by 14% to &eur