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Munich Re 1Q net profit falls 46 percent

Munich Re 1Q net profit falls 46 percent

German reinsurance company Munich Re AG said Wednesday that net profit fell 46 percent in the first quarter, partly as a result of capital market losses, but revised up its outlook for some insurance premiums.
The Munich-based company said net profit in the January-March period amounted to


Updated : 2021-01-21 20:51 GMT+08:00