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I was wrong about the BMW 2 Series Gran Coupe. When the original 2GC was launched in Malaysia in 2020, this writer thought: Who would buy a small BMW sedan that isn’t a 3 Series?
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, ...
Despite the huge damages caused by the Los Angeles wildfires, Munich Re said it still expected to see net profit rise to six billion euros in 2025. Revenues were expected to total 64 billion euros ...
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.
Munich Re Automation Solutions, led by chief executive Ross Mayne, has more than 140 clients across 40 countries, said its website. The move to cut jobs follows rapid expansion over the past five ...
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.
On Friday, Morgan Stanley (NYSE: MS) adjusted its stance on Munich Re stock, moving from an Overweight rating to Equalweight.The firm also set a new price target for the shares at €523, a slight ...