# Munich Re Q1 net profit up 68%, in line with preliminary figures
Author:  Pal Sinha,Barnali
Author URL: https://fintechherald.com/author/pal-sinha-barnali
Published: 2024-05-08
Category: Headlines
Category URL: https://fintechherald.com/category/headlines
Meta Title: Munich Re Q1 Net Profit Surges 68%
Meta Description: Munich Re's first quarter net profit soars by 68% to 2.140 billion euros, matching prelimary figures. Analysts surprised by the stellar results.
URL: https://fintechherald.com/munich-re-q1-net-profit-up-68-in-line-with-preliminary-figures

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## Munich Re Q1 net profit up 68%, in line with preliminary figures   FRANKFURT (Reuters) – The German reinsurer Munich Re on Wednesday posted a 68% rise in the first quarter net profit, a level that was in line with preliminary figures published last month.    Net profit in the quarter of 2.140 billion euros ($2.30 billion) compares with 1.271 billion euros a year ago.    Analysts originally had expected net profit of 1.476 billion euros before the publication of the preliminary figures in April. ($1 = 0.9313 euros)        (Reporting by Tom Sims, editing by Andrey Sychev)


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