Munich Re, results and prospects

Munich Re posted, at the end of 2016, a net result of 2.6 billion EUR (2.7 billion USD), down by 16% compared to 3.1 billion EUR (3.4 billion USD) in 2015. The first Reinsurer attributed this drop in earnings to a difficult economic environment, marked by competition and the persistence of low interest rates.

For the year 2017, Munich group expects a further decline in its result, which could be in the range of 2 to 2.4 billion EUR (2.1 to 2.6 billion USD).

Munich Re has also announced a program of share acquisition worth 1 billion EUR (1.08 billion USD) to be finalized by April 2018.

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