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Munich Re posts Q2 profit of 2.1 bln euros, above expectations

Munich Re posts Q2 profit of 2.1 bln euros, above expectations

Reuters3 days ago
FRANKFURT, July 21 (Reuters) - The German reinsurer Munich Re (MUVGn.DE), opens new tab said on Monday that its second-quarter profit was significantly above analyst expectations, helped by low claims for losses.
The reinsurer said net profit was around 2.1 billion euros ($2.45 billion) in the second quarter, above a consensus forecast of 1.62 billion euros.
($1 = 0.8556 euros)
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