Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München · ISIN: DE0008430026 · EQS - adhoc news

Munich Re posts quarterly result of €0.9bn

Operational performance remained pleasing in Q3 2024 across all lines of business. Munich Re has generated a preliminary net result of about €0.9bn (consensus: €1,419m*), which was impacted by higher-than-average major-loss expenditure from natural catastrophes in property-casualty reinsurance. Hurricane Helene, which caused severe damage in the southeastern United States and approximately €0.5bn in losses, amounted to Munich Re’s largest single claims event in Q3. Three loss events in Canada to...

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22 October 2024 12:31PM
Munich Re posts quarterly result of €0.9bn
DE0008430026
Operational performance remained pleasing in Q3 2024 across all lines of business. Munich Re has generated a preliminary net result of about €0.9bn (consensus: €1,419m*), which was impacted by higher-than-average major-loss expenditure from natural catastrophes in property-casualty reinsurance. Hurricane Helene, which caused severe damage in the so...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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23 April 2024 11:10AM
Munich Re posts quarterly result of €2.1bn
DE0008430026
Munich Re has made a strong start to the year. With a preliminary net profit of approximately €2.1bn in the first quarter of 2024, the Group significantly surpassed analysts’ expectations of €1,476m*. The operational performance of all lines of business was better than expected for the full year:   In property-casualty reinsurance, the combined rat...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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23 April 2024 11:10AM
Munich Re posts quarterly result of €2.1bn
DE0008430026
Munich Re has made a strong start to the year. With a preliminary net profit of approximately €2.1bn in the first quarter of 2024, the Group significantly surpassed analysts’ expectations of €1,476m*. The operational performance of all lines of business was better than expected for the full year:   In property-casualty reinsurance, the combined rat...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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26 February 2024 06:52PM
Munich Re plans dividend of €15 per share for 2023 and resolves share buy-back with volume of up to €1.5bn
DE0008430026
The Board of Management of Munich Reinsurance Company intends to propose to the Annual General Meeting a dividend of €15.00 per share for the 2023 financial year (consensus: €12.49). The Supervisory Board is to decide on the Board of Management’s dividend planning once the final business figures are available for 2023. The dividend payment is subje...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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23 October 2023 01:14PM
Munich Re posts quarterly result of ca. €1.2bn and raises the guidance for 2023 to €4.5bn
DE0008430026
Due to consistently good operational performance in all business segments, in the third quarter of 2023 Munich Re posted a preliminary net result of ca. €1.2bn (consensus: €1,131m*). In property-casualty reinsurance, Munich Re reported major losses that were slightly below the expected average. In life and health reinsurance, the total technical re...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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28 April 2023 02:40PM
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re posts quarterly result of €1.3bn
DE0008430026
Munich Re achieved both a good investment result in Q1 2023 and a pleasing operational business performance. In property-casualty reinsurance, major losses from natural catastrophes were higher than expected. Despite these major losses, the combined ratio of about 86.5% was only slightly higher than our expectation for the full-year combined ratio ...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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28 April 2023 02:40PM
Munich Re posts quarterly result of €1.3bn
DE0008430026
Munich Re achieved both a good investment result in Q1 2023 and a pleasing operational business performance. In property-casualty reinsurance, major losses from natural catastrophes were higher than expected. Despite these major losses, the combined ratio of about 86.5% was only slightly higher than our expectation for the full-year combined ratio ...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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22 February 2023 01:53PM
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re resolves share buy-back with a volume of up to €1bn
DE0008430026
Munich Reinsurance Company has resolved to buy back shares for a maximum total value of €1bn in the period between 6 May 2023 and, at the latest, the Annual General Meeting on 25 April 2024. The repurchased shares are to be retired. Together with the Board of Management’s dividend proposal to the Annual General Meeting of €11.60 per share, Munich R...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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22 February 2023 01:53PM
Munich Re resolves share buy-back with a volume of up to €1bn
DE0008430026
Munich Reinsurance Company has resolved to buy back shares for a maximum total value of €1bn in the period between 6 May 2023 and, at the latest, the Annual General Meeting on 25 April 2024. The repurchased shares are to be retired. Together with the Board of Management’s dividend proposal to the Annual General Meeting of €11.60 per share, Munich R...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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14 December 2022 06:28PM
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re announces profit guidance per IFRS 17 of €4.0bn for 2023
DE0008430026
Thanks to ongoing very pleasing operating performance, Munich Re aims for a consolidated profit of around €4.0bn1 for the 2023 financial year under the new reporting standard IFRS 17. Insurance revenues, which represent the IFRS 17 item that will supersede “premiums” in future, are expected to reach around €58bn. It is anticipated that the return o...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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14 December 2022 06:28PM
Munich Re announces profit guidance per IFRS 17 of €4.0bn for 2023
DE0008430026
Thanks to ongoing very pleasing operating performance, Munich Re aims for a consolidated profit of around €4.0bn1 for the 2023 financial year under the new reporting standard IFRS 17. Insurance revenues, which represent the IFRS 17 item that will supersede “premiums” in future, are expected to reach around €58bn. It is anticipated that the return o...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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21 October 2022 12:45PM
Munich Re posts quarterly result of approx. €0.5bn and confirms annual forecast
DE0008430026
In Q3 2022, Munich Re registered higher-than-average major-loss expenditure in property-casualty reinsurance. It is expected that Hurricane Ian caused roughly €1.6bn1 in losses after retrocession for Munich Re; this estimate remains subject to substantial uncertainty. Depending on the outcome of the ongoing quarterly closing – and on account of sus...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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21 October 2022 12:45PM
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re posts quarterly result of approx. €0.5bn and confirms annual forecast
DE0008430026
In Q3 2022, Munich Re registered higher-than-average major-loss expenditure in property-casualty reinsurance. It is expected that Hurricane Ian caused roughly €1.6bn1 in losses after retrocession for Munich Re; this estimate remains subject to substantial uncertainty. Depending on the outcome of the ongoing quarterly closing – and on account of sus...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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22 February 2022 01:25PM
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re resolves share buy-back
DE0008430026
In the period between completion of the 2022 Annual General Meeting and the 2023 Annual General Meeting, Munich Re intends to buy back shares for a maximum value of €1bn. On the basis of the authorisation granted by the Annual General Meeting on 29 April 2020 or a future authorisation, and with the approval of the Supervisory Board, represented b...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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19 October 2021 01:43PM
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Despite high losses, Munich Re achieves a result of around €0.4bn in Q3, and maintains its annual guidance for 2021
DE0008430026
In Q3 2021, Munich Re's result was burdened by high losses from natural catastrophes. The company estimates that windstorm Bernd, which led to flooding and flash floods in Germany and neighbouring countries, will cost roughly €0.6bn in the segments property-casualty reinsurance and ERGO Property-casualty Germany. And in the USA, Hurricane Ida cause...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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20 July 2021 03:49PM
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re achieves quarterly result of around €1.1bn
DE0008430026
In the second quarter of 2021, Munich Re's major-loss expenditure in property-casualty reinsurance business was below average, mainly as a result of comparatively low losses from natural catastrophes. COVID-19 related losses in the field of property-casualty reinsurance were in line with expectations. In life and health reinsurance business, these ...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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20 April 2021 11:37AM
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re achieves quarterly result of around €600m
DE0008430026
In the first quarter of 2021, Munich Re's major-loss expenditure in property-casualty reinsurance was higher than average, primarily owing to an unusually severe cold spell in the USA, in particular in the state of Texas. In addition, both fields of reinsurance were affected by COVID-19-related losses that were in line with expectations. Neverthele...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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01 December 2020 10:54AM
Munich Re announces profit target of €2.8bn for 2021; Profit outlook of €1.2bn for 2020
DE0008430026
Munich Re announces profit target of €2.8bn for 2021; Profit outlook of €1.2bn for 2020 Munich Re's Board of Management has today approved its profit guidance for 2021. Despite anticipated further COVID‑19 losses, Munich Re will seamlessly return to its pre-pandemic profit level of €2.8bn. Munich Re expects financial consequences from COVID-19 next...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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20 October 2020 03:37PM
Munich Re posts quarterly result of approx. €200m
DE0008430026
Munich Re posts quarterly result of approx. €200m In the third quarter, Munich Re registered COVID-19-related losses totalling about €800m in reinsurance. The losses were attributable to various business lines, such as insurance for major events and other property-casualty lines, and the life and health business. As a result of high losses from nat...
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
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More Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München related information
Type Total Last Made by Go to
Corporate Research 0 - - Corporate Research
Directors Dealings 36 20th November 2024 Hervet ép. Kopff, Clarisse DD
Short Seller (DE) 6 8th November 2022 Bridgewater Associates, LP SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
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