India, July 24 -- German reinsurance company Munich Re (0KFE.L) on Friday reported preliminary second-quarter net profit of about €2.2 billion, comfortably above the analysts' consensus estimate of €1.786 billion, supported by strong operational performance, low major-loss claims in its property and casualty reinsurance business, and robust investment returns.
The company said strong investment returns also contributed significantly to the exceptional net profit of about €0.3 billion at its primary insurance arm, ERGO.
Net profit for the first half of 2026 reached approximately €3.9 billion.
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Munich Re said it remains on track to ...