• 11/25/2024

Munich Re Upbeat on Full Year After Renewals Boost

Wall Street Journal

Munich Re posted an above-forecast net profit in the first quarter and said it still expected a net result of about EUR4 billion for the 2023 but that profitable growth confirmed by its reinsurance renewals as of April 1 mean the chances of surpassing that target have increased.

https://www.wsj.com/articles/munich-re-backs-2023-after-1q-net-profit-decline-on-high-major-losses-1095d36e