After this publication revealed Swiss Re was dropping primary aviation risks, Berger said on the firm’s results call that the ...

Shares of Munich Re climbed on Wednesday after the German reinsurer stuck to its outlook, despite announcing hefty expected claims from California wildfires.

Munich Re has announced a new focus on global specialty insurance (GSI), splitting it out from P&C to create its own unit. In the reinsurer’s 2024 financial presentation, it said it was looking to ...

Munich Re posted 2024 results that were broadly in line with company-compiled consensus. The results were ahead of our full-year forecast, but we believe these strong numbers are because of a hard ...

The reinsurer backed its guidance for the year after its fourth-quarter profit and revenue missed expectations slightly but ...

Frankfurt (Germany) (AFP) – German reinsurance giant Munich Re said Wednesday that last month's huge wildfires in Los Angeles had been the costliest "in the history of the insurance industry".

German reinsurer's most expensive single claims event in 2024 was Hurricane Helene, which severely damaged parts of the southeastern U.S. Shares of Munich Re climbed on Wednesday after the German ...