Muenchener Rueckversicherungs-Gesellschaft AG - Earnings Release 2018

News Details

Ad-hoc | 23 April 2018 19:58

Good preliminary result for Q1/2018

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München / Key word(s): Quarter Results/Preliminary Results

Good preliminary result for Q1/2018

23-Apr-2018 / 19:58 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.

Unexpectedly low major-loss expenditure leads to good preliminary result for Munich Re in Q1/2018

Although the closing activities for the Q1 consolidated financial statements of Munich Re are still ongoing, it is to be expected that the consolidated result will be in excess of EUR800m, mainly on account of low major-loss expenditure in reinsurance. The consolidated result for the first quarter of 2017 had amounted to EUR557m. The guidance for the 2018 consolidated result remains unchanged at EUR2.1-2.5bn.

Information and Explanation of the Issuer to this News:

This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Munich Re. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to make them conform with future events or developments.

23-Apr-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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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