Munich Re Specialty-North America (MRS-NA) has expanded its insurance offerings with the establishment of a new life science business. The division will cater to a variety of sectors within the ...

In Q1 2025, Munich Re generated a net result of €1,094m (2,115m). Insurance revenue from insurance contracts issued rose to €15,811m (15,061m). The total technical result fell to €2,054m (2 ...

Munich Re’s shares dropped by around 5% this morning in Europe, after the reinsurer company reported a steep fall in its first-quarter net profit. The net result came in at €1.09 billion in ...

Munich Re XE:MUV2 said its first-quarter profit fell 48% to €1.09 billion ($1.21 billion), while Hannover Re XE:HNR1 said its first-quarter profit fell 14% to €480 million.

Munich Re MUV2-1.39%decrease; red down pointing triangle reported a steep fall in its first-quarter net profit due to losses from the devastating wildfires that struck southern California in ...

German reinsurance giant Munich Re on Tuesday reported a net profit of €1.09 billion ($1.21 billion) over the first quarter of the year. The figure was well behind the €2.11 billion in profits ...

Munich Re does not do anything "better" than any other company in its sector, as would usually be the case for a higher valuation. Another way to say this is that there seems to be zero ...

Munich Re is in sound financial health. As of end-2024, Munich Re held EUR 6.3 billion of subordinated debt on its balance sheet with EUR 1.5 billion being issued last year.

Overall, we like Munich Re's property and casualty reinsurance business as well as its domestic primary property and casualty insurance business and believe they deliver economic returns.

Munich Re said it signed a definitive agreement to buy NEXT Insurance in a deal that values the business at $2.6 billion and will provide access to the U.S. market. The German reinsurer on ...

Germany’s Munich Re has signed a definitive agreement to acquire digital insurance company Next Insurance for $2.6 billion, the firms announced on Thursday.. Founded in 2016, Palo Alto-based ...