Net profit attributable to shareholders increased by 32% to €685m for Q3 16 compared to Q3 15. Gross premiums written were down by 1% at €12.3bn in Q3 16 compared to the same period last year. At constant currency, the premium volume would have slightly risen by 0.2%. Expenses for claims rose by 0.5% to €9.7bn in Q3 16. The technical result decreased by 5% to €817m for Q3 16 compared to Q3 15. The investment result increased by 54% to €1.86bn in Q3 16 compared to Q3 1
09 Nov 2016
Good Q3 results lead to guidance upgrade
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Good Q3 results lead to guidance upgrade
Munich Reinsurance Company (MUV:WBO) | 0 0 (-0.2%) | Mkt Cap: 28,293m
- Published:
09 Nov 2016 -
Author:
Dieter Hein -
Pages:
2
Net profit attributable to shareholders increased by 32% to €685m for Q3 16 compared to Q3 15. Gross premiums written were down by 1% at €12.3bn in Q3 16 compared to the same period last year. At constant currency, the premium volume would have slightly risen by 0.2%. Expenses for claims rose by 0.5% to €9.7bn in Q3 16. The technical result decreased by 5% to €817m for Q3 16 compared to Q3 15. The investment result increased by 54% to €1.86bn in Q3 16 compared to Q3 1