Munich Re reports 171% Q1 profit expansion to EUR600mn
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Munich Re reports 171% Q1 profit expansion to EUR600mn

Rachel Dalton
20 April 2021
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Munich Re has reported a preliminary Q1 net profit of EUR600mn ($724mn), despite higher-than-average major P&C re losses during the quarter.

In a preview of its Q1 results, the reinsurer noted that the net profit figure will be more than double that of the same quarter last year (EUR221mn), and 29% ahead of a consensus of EUR466mn.

Munich

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Rachel Dalton
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