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Munich Re reports Eu2.56bn profit in 2009

10 March 2010

Munich Re has reported a profit of Eu2.56bn ($3.5bn) in 2009 compared with Eu1.58bn in 2008. Gross premiums written rose by 9.5% to Eu41.4bn, from Eu37.8bn in 2008.

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Munich Re has reported a profit of Eu2.56bn ($3.5bn) in 2009 compared with Eu1.58bn in 2008. Gross premiums written rose by 9.5% to Eu41.4bn, from Eu37.8bn in 2008.

The 2009 combined ratio for the property/casualty segment amounted to 93.1%, compared with 90.9% in 2008. Gross written premiums climbed by 1.0% to Eu5.2bn in 2009....


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