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Munich Re
MURGY swung to a profit in the first quarter.
Munich Re posted its quarterly earnings of 782 million euros ($1.02 billion), versus a loss of €948 million, in the year-ago quarter. Its earnings per share came in at €4.39, versus a loss of €5.28.
Its gross premiums rose to €13.27 billion, from €12.98 billion.
Munich Re shares closed at $14.09 yesterday.
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