Fewer claims help Munich Re in Q1 results
Reinsurer Munich Re's profits rose 20% to €979m in the first quarter of 2013 compared to the same period in 2012.
Expenditure on claims in the first quarter was below the long-term average. Gross written premiums increased by 0.5% to €13.3bn, although the reinsurer was not helped by fluctuating exchange rates.
Pr
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