Munich Re trumpets record 07 profit
Global reinsurer Munich Re has announced it expects to declare a record profit of €3.9bn (£2.9bn) for 2007 and would increase its dividend by 22% to €5.50 a share.
The reinsurer also revealed minimal sub-prime investment exposures and write-downs and announced that it had fared better than the reported market average at the 1 January treaty renewals seeing
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