Net profit attributable to shareholders decreased by 29% to €520m for Q3 15 compared to Q3 14. Gross premiums written were up by 4% to €12.5bn in Q3 15 compared to the same period last year due to significantly positive currency effects. Expenses for claims were flat at €9.7bn in Q3 14. The technical result declined by 10% to €861m for Q3 15 compared to Q3 14. The investment result decreased by 31% to €1.2bn in Q3 15 compared to Q3 14. The annualised RoI was 2.6% for
05 Nov 2015
Weak Q3 figures but higher guidance confirmed
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Weak Q3 figures but higher guidance confirmed
Munich Reinsurance Company (MUV:WBO) | 0 0 (-0.2%) | Mkt Cap: 28,293m
- Published:
05 Nov 2015 -
Author:
Dieter Hein -
Pages:
2
Net profit attributable to shareholders decreased by 29% to €520m for Q3 15 compared to Q3 14. Gross premiums written were up by 4% to €12.5bn in Q3 15 compared to the same period last year due to significantly positive currency effects. Expenses for claims were flat at €9.7bn in Q3 14. The technical result declined by 10% to €861m for Q3 15 compared to Q3 14. The investment result decreased by 31% to €1.2bn in Q3 15 compared to Q3 14. The annualised RoI was 2.6% for