(Corrects dividend to 8.60 from 8.61)
LONDON Feb 7 German reinsurer Munich Re
raised its dividend for 2016 by more than 4 percent
to 8.60 euros per share, above 8.51 forecast in a poll of
The world's largest reinsurer said on Tuesday preliminary
net profit for 2016 was around 2.6 billion euros ($2.8 billion),
down 16 percent from a year earlier and below consensus for 2.7
billion in a company-compiled consensus forecast.
Analysts on average had expected Munich Re to raise its
dividend to 8.51 euros per share, from 8.25 a year ago.
($1 = 0.9349 euros)
(Reporting by Carolyn Cohn; Editing by Maria Sheahan)