DGAP-Adhoc: Good preliminary result for Q1/2018


 
DGAP-Ad-hoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München / Key word(s): Quarter Results/Preliminary Results Good preliminary result for Q1/2018 23-Apr-2018 / 19:58 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Unexpectedly low major-loss expenditure leads to good preliminary result for Munich Re in Q1/2018 Although the closing activities for the Q1 consolidated financial statements of Munich Re are still ongoing, it is to be expected that the consolidated result will be in excess of EUR800m, mainly on account of low major-loss expenditure in reinsurance. The consolidated result for the first quarter of 2017 had amounted to EUR557m. The guidance for the 2018 consolidated result remains unchanged at EUR2.1-2.5bn. --------------------------------------------------------------------------- Information and Explanation of the Issuer to this News: This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Munich Re. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to make them conform with future events or developments. --------------------------------------------------------------------------- 23-Apr-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Königinstraße 107 80802 München Germany Phone: +49(0) 89 3891-0 Fax: +49(0) 89 399 056 E-mail: [email protected] Internet: www.munichre.com ISIN: DE0008430026, DE0008430026 WKN: 843002, 843002 Indices: DAX, EURO STOXX 50 Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange; Mailand End of Announcement DGAP News Service --------------------------------------------------------------------------- 677915 23-Apr-2018 CET/CEST