30 January 2008
Record profit of €3.9bn expected for 2007 / Board of Management to propose dividend of €5.50 per share (previous year: €4.50) / Share buy-back / "Subprime" expenses of less than €10m in fourth quarter
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17 October 2007
Munich Re concludes agreement to acquire specialist US primary insurer The Midland Company (Midland)
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7 November 2006
Munich Re decides to buy back shares / Excellent business performance in the first three quarters
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19 July 2005
Increased expenditure of Euro 0.4bn for the Munich Re Group due to high reserve strengthening of US subsidiary / Group's profit target for 2005 confirmed nevertheless
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15 February 2005
Result for 2004 of approximately EUR 1.8bn / Proposed dividend of EUR 2.00 (previous year: EUR 1.25). ERGO back in the profit zone / American Re's result down on previous year
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21 January 2005
Munich Re Group: Consolidated profit for the year 2004 in a range between €1.7bn and €1.9bn after special writedowns by HVB Group – subject to the proviso that work on the financial statements is ongoing
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19 February 2004
Munich Reinsurance Company: Successful renewals in reinsurance business and first-time application of IAS 32/39 (December 2003) as at 31 December 2003
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27 March 2003
Munich Re key figures for 2002: Despite stock market slump, profit for the year nearly Euro 1.1bn / Premium growth of almost 11% / Board of Management expects continuation of positive development in 2003
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20 March 2003
Munich Re and Allianz to reduce their reciprocal shareholdings further
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28 November 2002
First nine months of 2002: Despite loss of Euro 859m in third quarter, high profit of Euro 3.2bn achieved owing to positive net balance of realized capital gains, additional reserving for US business, and writedowns on investments. For the year 2002 as a whole, prospect of allocation to reserves and unchanged dividend.
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10 July 2002
Munich Re Group makes extensive provision for developments in the US / Very positive overall result nevertheless expected for first half year, thanks to large capital gains from transactions with Allianz and favourable trend in reinsurance business
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22 March 2002
Munich Re key provisional figures for 2001: Group profit of Euro 250m despite unprecedented claims burdens and weak capital markets / Supervisory Board and Board of Management envisage unchanged dividend of Euro 1.25 per share / Successful round of renewals for 2002 in reinsurance / Further strong growth also expected in primary insurance / Changes on the Board of Management
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17 January 2002
Successful completion of the transactions announced last year by Munich Re and Allianz / Munich Re increases its stake in Nürnberger to nearly 20% / Early disclosure of a number of shareholdings.
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20 September 2001
Based on the information available at this time and taking into account conceivable loss scenarios, Munich Re has estimated its possible pre-tax loss burden at €2.1bn. This would be 11.5% of its reinsurance premiums of €18.3bn for the business year 2000 and in absolute figures constitutes by far the largest loss in the history of Munich Re. In relative terms - i.e. in relation to premium income - the company's claims burden is, however, still marginally less than that following the San Francisco earthquake in 1906.
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12 September 2001
Munich Re: Deep shock at the human dimensions of the attacks in the US / The loss events will involve commitments of up to €1bn for Munich Re and are thus equivalent in size to its claims costs for major natural catastrophes in the last ten years
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30 March 2001
Munich Re Group: Provisional figures 2000 Munich Re key provisional figures for 2000: Record profit for the year of EUR 1.75bn / Adjusted to take account of special items, the result for the year rose by 50% / The Board of Management and Supervisory Board anticipate a significantly higher dividend of EUR 1.25 per share / Successful round of renewals 2001 in reinsurance / High level of growth in primary insurance through acquisitions / Once again top ratings from rating agencies
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21 September 2000
Munich Re Group 1st half-year 2000 Munich Re Group grows in all fields of business / Result on course
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4 May 2000
Munich Re and Allianz plan restructuring of their shareholdings
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31 March 2000
Munich Re announces provisional IAS figures for 1999: Group profit holds up well at EUR 1.1bn despite high claims costs in reinsurance. Supervisory Board and Board of Management will propose a dividend of EUR 0.95, which would more than double the overall amount distributed. High allocation to reserves. Signs of a turnaround in reinsurance market. Continued growth and good results again in primary insurance.
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14 January 2000
Munich Re Group: Winter storms cost up to DM 1bn / Unchanged dividend of DM 1.80 per share envisaged nevertheless: owing to stock split, this would mean a doubling of the overall amount distributed / No significant material damage losses as a result of date changeover from 1999 to 2000
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