Munich Re sets the bar higher

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The wind blows in the right direction for Munich Re. The German reinsurer is revising upwards its forecast for the year 2015 and intends to outperform the net income to 3 billion EUR (3.29 billion USD). The previous estimate expected a profit forecast of between 2.5 and 3 billion EUR (30.3 and 3.64 billion USD).

For the first half of 2015, Munich Re reported a net income of 1.87 billion EUR (2.04 billion USD).

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Mon, 10/08/2015 - 14:30
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