FRANKFURT, May 7 (Reuters) - Munich Re on Thursday said profit fell 65% in the first quarter as it faced losses of around 800 million euros ($863.28 million) due to the coronavirus outbreak.
Profit in the quarter declined to 221 million euros, down from the 633 million euros posted a year earlier. The company warned in March about the drop in profit. ($1 = 0.9267 euros) (Reporting by Tom Sims Editing by Michelle Martin)
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