Strong investment results bolster Munich Re's Q1 profits
Munich Re saw a 28% rise in profit in the first quarter of 2017, up to €557m (£469.6m) from €436m for the same period in the previous year.
Gross written premiums rose by 3.3% from €12,511 in Q1 2016 to €12,925 in the first quarter of this year. The group said profits were boosted by strong investment results.
Chief finance officer Jörg
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