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

By Tom Sims and Alexander Hübner FRANKFURT - Germany's Munich Re expects about 1.2 billion euros ($1.26 billion) in claims ...

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

Munich Re has renewed its retrocessional reinsurance program arrangements to provide $1.55 billion in protection for 2025, utilising both traditional ...

Munich Re has announced a new focus on global specialty insurance (GSI), splitting it out from P&C to create its own unit. In ...

German reinsurance giant Munich Re reported weak profit in its fourth quarter on Wednesday, despite higher insurance revenues. For the fourth quarter, net result attributable to equity holders was ...

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

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". Munich Re, which acts as an ...

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 ...

Shares of Munich Re climbed on Wednesday after the German reinsurer stuck to its outlook and announced it will return money to shareholders, even after announcing more than $1 billion in claims ...

German reinsurance giant Munich Re said Wednesday that last month's huge wildfires in Los Angeles had been the costliest "in ...