NU Online News Service, Aug. 4, 2:33 p.m. EDT
Munich Re Group reported second-quarter net income increased 12 percent over the same period last year on improvements in investments and cost cutting.
Second-quarter net income rose by EUR75 million (U.S. $108 million) to EUR703 million ($1.01 billion) over the prior year. Gross premium written increased 15 percent, or EUR1.31 billion ($1.89 billion), to EUR10.3 billion ($14.85 billion).
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
