Munich Re Q1 Net Result Rises; Annual Guidance Unchanged
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Munich Re reported a Q1 net result of 1.71 billion euros, up from 1.09 billion euros the previous year. The total technical result increased to 2.68 billion euros, and the operating result rose to 2.23 billion euros. The net financial result improved to 139 million euros from a loss of 95 million euros. However, insurance revenue from contracts fell to 15.02 billion euros due to currency translation effects. The company aims for a net result of 6.3 billion euros for fiscal 2026. Shares closed at 499.30 euros, down 0.54%.
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