Munich Re concluded such storms will get worse, something previous models didn’t show. “We believe there is a strong indication that climate change is a driver of this trend,” Mr. Rauch says.

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 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.

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, ...

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) (Reporting by Tom Sims and Alexander Huebner ...

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 Re on Wednesday stood by its profit target for 2025 and raised its dividend by a third, despite announcing it expected to take a €1.2bn hit from claims from the California wildfires.

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.

Munich Re’s solvency ratio rose to 287 per cent in the first half of the year, well above its 175to 220 per cent target range, suggesting it has excess capital to deploy.