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By Reuters |
April 26, 2012
Munich Re expects net profit of more than 750 million euros ($989 million) in the first quarter, above expectations, helped by a drop in big damage claims and financial market tensions, its chief executive said on Thursday.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 25, 2011
Munich Re says it expects its first quarter natural disaster catastrophe claims loss to total $3.9 billion.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 14, 2011
The private insurance market is likely not heavily exposed to damage at nuclear reactors in Japan resulting from the 9.0 magnitude earthquake and subsequent tsunami.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 10, 2011
Munich Re said its 2010 net income dropped 5 percent as it took a hit from natural catastrophe losses that were higher than average.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 10, 2010
Munich Re said profit for 2009 exceeded $3 billion and it expects 2010 to be just as profitable, despite catastrophe losses from the Chile earthquake and a huge winter storm in Europe.