Net profit attributable to shareholders decreased by 1% to €724m for Q2 18 compared to Q2 17. Gross premiums written were down by 5% at €11.2bn in Q2 18 compared to the same period last year. Expenses for claims decreased by 7% to €8.9bn in Q2 18. The technical result was down by 25% to €569m for Q2 18 versus Q2 17. The investment result declined by 2% to €1.84bn in Q2 18 compared to Q2 17. The annualised RoI was 3.1% for Q2 18 compared to 3.2% for the same period las
08 Aug 2018
Good Q2 results and volume increase at the July renewals
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Good Q2 results and volume increase at the July renewals
Munich Reinsurance Company (MUV:WBO) | 0 0 (-0.2%) | Mkt Cap: 28,293m
- Published:
08 Aug 2018 -
Author:
Dieter Hein -
Pages:
2
Net profit attributable to shareholders decreased by 1% to €724m for Q2 18 compared to Q2 17. Gross premiums written were down by 5% at €11.2bn in Q2 18 compared to the same period last year. Expenses for claims decreased by 7% to €8.9bn in Q2 18. The technical result was down by 25% to €569m for Q2 18 versus Q2 17. The investment result declined by 2% to €1.84bn in Q2 18 compared to Q2 17. The annualised RoI was 3.1% for Q2 18 compared to 3.2% for the same period las