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| Name | Symbol | Market | Type |
|---|---|---|---|
| Muenchener Rueckversicherungs Gesellschaft AG (PK) | USOTC:MURGY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.33 | 0.75% | 44.34 | 44.17 | 44.61 | 44.34 | 44.08 | 44.18 | 42,818 | 21:14:25 |
From Apr 2019 to Apr 2024
By Kim Richters
Munich Re AG (MUV2.XE) said Friday that it posted strong preliminary results in the third quarter, and that it expects to beat its net profit guidance for the year.
The German reinsurer posted net profit for the period of around 850 million euros ($943.9 million), up from EUR483 million a year earlier.
The increase was due to "good operational performance, strong currency gains, and a very good investment result," the company said.
For the full year, Munich Re expects to beat its consolidated net profit target of EUR2.5 billion.
The company will release final third-quarter figures on Nov. 7.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
October 18, 2019 05:23 ET (09:23 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Muenchener Rueckversiche... (PK) Chart |
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