This is almost a quarter fewer than a year earlier, Munich Re, announced on Wednesday in Munich. However, he had to start in 2018, hardly a big damage to the shoulders. Chief financial officer Christoph Jurecka sees the reinsurer still on course to increase its profit in the current year, as planned, to 2.5 billion euros.

the big damage load, which amounted in the first quarter to EUR 479 million, was more than half of an event from the past year. Because of the damage that Typhoon “Jebi” that had been done in 2018 in Japan, fell like in the case of other feedback from insurers is higher than initially expected. Therefore, the Munich Re put even 267 million euros.

Also at Swiss Re, the higher the damage of the “Jebi had beaten” on the result. The exact additional load by the Typhoon had not estimated the second largest reinsurer in the world, however, in the last week.