Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Munich Re's profit grows nearly 30%

Reprints

Munich Reinsurance Co.'s net profit grew 28% year over year to €557 million ($608 million) in the first quarter compared to €436 million in the first quarter of 2016, Amwal Al Ghad reported citing Reuters. The reinsurer's Ergo Group A.G. unit contributed €91 million in profit, up from a slight loss in the previous year. "We are on track to meet our profit target for the full year," said Joerg Schneider, chief financial officer at Munich Re.

Read more.