CEO Nikolaus von Bomhard News

Munich Re, the world’s biggest reinsurer, said second-quarter profit rose 45 percent helped by higher investment income. Net income advanced to €765 million ($1.02 billion) from €528 million [$706 million] a year earlier, the company said in a statement today. …

Munich Re’s net profit fell in the first quarter, said its chief executive on Wednesday, hit by low capital market interest rates that continue to weigh on investment income at the world’s largest reinsurer. The company does not officially release …