Munich Re is yet to release its latest financial results… but if its approximation is close to the actual figures, then it looks like positive news is on the way for the major reinsurer.
In a brief statement, the German group noted: “Although work on the Munich Re half-year financial report is still ongoing, it is expected that there will be a consolidated result in the order of approximately €1 billion (around SG$1.52 billion) for the second quarter.
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