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Munich Re profits dip; warns on price erosion


Profits at Munich Re fell by 5 percent in the first quarter of 2014 in an otherwise steady set of results mainly notable for the negative effect fluctuations in currency prices had on its gross written premiums and a warning by the company on price erosion in the reinsurance markets.

Munich Re, First Quarter 2014 Results, Jörg Schneide, Torsten Jeworrek, Europe

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