The net result attributable to shareholders was a profit of €505m for Q3 17 compared to a loss of €1.44bn for Q3 17. Gross premiums written were up by 4% to €12.8bn in Q3 18 compared to the same period last year. The technical result was a profit of €847m for Q3 18 compared to a loss of €2.06bn for Q3 17. The investment result declined by 19% to €1.3bn in Q3 18 compared to Q3 17. The RoI was 2.3% for Q3 18 compared to 2.7% for the same period last year. The other
07 Nov 2018
Good Q3 results despite high claims
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Good Q3 results despite high claims
Munich Reinsurance Company (MUV:WBO) | 0 0 (-0.2%) | Mkt Cap: 28,293m
- Published:
07 Nov 2018 -
Author:
Dieter Hein -
Pages:
2
The net result attributable to shareholders was a profit of €505m for Q3 17 compared to a loss of €1.44bn for Q3 17. Gross premiums written were up by 4% to €12.8bn in Q3 18 compared to the same period last year. The technical result was a profit of €847m for Q3 18 compared to a loss of €2.06bn for Q3 17. The investment result declined by 19% to €1.3bn in Q3 18 compared to Q3 17. The RoI was 2.3% for Q3 18 compared to 2.7% for the same period last year. The other