Reuters logo
Munich Re lifts 2012 net profit aim to 3 bln eur
November 7, 2012 / 7:04 AM / in 5 years

Munich Re lifts 2012 net profit aim to 3 bln eur

FRANKFURT, Nov 7 (Reuters) - Munich Re raised its full year net profit target to around 3 billion euros ($3.84 billion) after surging investment income and moderate damage claims helped it beat the highest forecast in a Reuters poll for third quarter net profit.

It had previously expected to earn slightly more than 2.5 billion euros in 2012.

$1 = 0.7812 euros Reporting by Jonathan Gould

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below