Munich Re boss confident of €2bn profit in 2010 despite early losses
Gross premiums written rose by 9.5% to €41.4bn (€37.8bn). But if exchange rates had remained the same, premium volume would have increased by 9.9% compared with the previous year.
Munich Re recorded a good operating result of €4721m (€3834m) in 2009, €1400m of this in the fourth quarter.
Despite the share buy-back, equity rose to €22.3bn or by 5.5% over the course of the year
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