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 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 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.