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Munich Re Group announces profit

Munich Re Group has announced a profit of EUR1.1bn (£760m) for 2002, an increase on the 2001 figure...

Munich Re Group has announced a profit of EUR1.1bn (£760m) for 2002,
an increase on the 2001 figure of EUR250m. The group's reinsurance
division saw a 14.6% increase in gross premiums from EUR22.2bn

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