|
DGAP-Ad-hoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München / Key word(s): Quarter Results
High result for Q2/2019
18-Jul-2019 / 17:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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.
Archive at www.dgap.de
|
