DGAP-Adhoc: High result for Q2/2019
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DGAP-Ad-hoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München / Key word(s): Quarter Results Munich Re generates a high result in Q2 2019 Although work on the Munich Re Half-Year Financial Report is still ongoing, it is expected that there will be a consolidated result in the order of approximately EUR1bn for the second quarter. This is mainly attributable to low major-loss expenditure and high reserve releases for basic losses in reinsurance from prior years. Due to the usual uncertainty concerning developments in major losses and the capital markets during the rest of the year, the target for the 2019 consolidated result remains unchanged at EUR2.5bn.
18-Jul-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München |
| Königinstraße 107 | |
| 80802 München | |
| Germany | |
| Phone: | +49(0) 89 3891-0 |
| Fax: | +49(0) 89 399 056 |
| E-mail: | [email protected] |
| Internet: | www.munichre.com |
| ISIN: | DE0008430026, DE0008430026 |
| WKN: | 843002, 843002 |
| Indices: | DAX, EURO STOXX 50 |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange; Mailand |
| EQS News ID: | 843521 |
| End of Announcement | DGAP News Service |
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843521 18-Jul-2019 CET/CEST
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