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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 global head of marine Markus Spielmann said: “Geopolitical fragmentation is reshaping the maritime landscape, creating challenges and opportunities.” ...
Photo: Pavlo Gonchar/Zuma Press 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.
Munich Re’s stock XE:MUV2 was up 5% in afternoon trading, after the company said it expected to generate a net profit of €6 billion (equivalent to $6.29 billion) in 2025, which was an ...
Munich Re, which acts as an insurer for insurers, said it expected some 1.2 billion euros ($1.3 billion) in loss claims from the fires.
Despite the hit from the fires, Munich Re expects net profit for 2025 to rise to 6 billion euros from 5.7 billion euros in 2024. ($1 = 0.9535 euros) ...
Munich Re also announced a high rise in its dividend to EUR 20 per share and a share buyback of EUR 2.0 billion to be executed between the 2025 and 2026 annual general meetings.
Munich Reinsurance (0KFE) Receives a Buy from Barclays TipRanks Jan. 28, 2025, 04:55 AM ...
Despite the devastating wildfires in California and the associated costs, executives at Munich RE, the world's largest reinsurer, are still expecting a massive increase in profits in 2025. Munich ...
Munich Re quietly bought out its joint-venture partner Mutual of America at 320 Park Avenue, the 760,000 square-foot tower between East 50th and 51st streets, The Post has learned.
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