Munich Re Q1 Net Profit Rises 57 Percent to 1.71 Billion
Munich Re posted a first-quarter net profit of 1.714 billion euros, aided by low major loss claims. The group reaffirmed its targets as results matched analyst forecasts.
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MUENCHENER RUECKVER AG-REG posted a 57% rise in Q1 net profit to 1.714 billion euros. The result is up from 1.094 billion euros in the same quarter a year earlier. The reinsurer reaffirmed its full-year targets.
