Arab Today, arab today munich re ups profit forecast after pleasing q2
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

Munich Re ups profit forecast after pleasing Q2

Arab Today, arab today

Arab Today, arab today Munich Re ups profit forecast after pleasing Q2

Washington - AFP

Munich Re, the world\'s largest reinsurer, said Tuesday it was raising its profit forecast for 2012 after a better-than-expected second quarter. \"We are well on track to slightly surpass the originally envisaged profit for the year of around 2.5 billion euros ($3.1 billion),\" chief executive Nikolaus von Bomhard said in a statement. \"We are optimistic for 2012, despite the difficult business environment.\" Full-year gross premium income was projected to reach \"a range between 50-52 billion euros,\" compared with 50 billion euros in 2011, the group said. In the second quarter alone, Munich Re booked a 9.8-percent rise in net profit to 808 million euros on a 5.5-percent rise in gross premiums to 12.632 billion euros. That took meant first-half profit amounted to 1.594 billion euros on gross premiums of 25.897 billion euros. \"With a profit of 1.6 billion euros for the first half-year, we have achieved well over half of our target of around 2.5 billion euros,\" von Bomhard said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today munich re ups profit forecast after pleasing q2 Arab Today, arab today munich re ups profit forecast after pleasing q2

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today munich re ups profit forecast after pleasing q2 Arab Today, arab today munich re ups profit forecast after pleasing q2

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday