Worldwide Exchange

Season 2010 Episode 0310

Munich Re Sees 2010 Profit but Remains Cautious

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Aired Unknown Mar 10, 2010 on CNBC
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Munich Re Sees 2010 Profit but Remains Cautious
AIRED:
Munich Re said it expects to earn a net profit of more than $2.7 billion for its full year despite loss claims from the Chilean earthquake and European wind storm Xynthia. "The crisis is still on its way," CEO Nikolaus Von Bomhard, said Wednesday. "The risk-free interest rate is very low and that poses a challenge for us."moreless
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