13 May 2024Reinsurance

Munich Re can’t suppress the enthusiasm on Q1 earnings beat

Global reinsurance group Munich Re posted sufficiently strong Q1 earnings to outdo even its own renowned conservatism, with market analysts now forecasting a 2024 net profit as much as 30% above management guidance for a €5 billion full-year take.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Reinsurance pricing may be at stable plateau, not a peak: Munich Re

8 May 2024 Market appears disciplined on T&C, Munich Re appetite for looser deals is ‘absolutely zero’.

Munich Re grows P&C reinsurance book 6.1% at 4.1; mid-year still ripe

8 May 2024 Pricing edged down fractionally overall, kept pace with loss trend ‘for the most part.’

Munich Re grows 1.1 book 3.5% on muted pricing; casualty appetite splits

27 February 2024 Munich Re leveraged easing of retro market for major rise in coverage across perils.

More articles

Delegated authorities ride E&S growth, despite ‘double-edged’ risks

Rokstone launches $10m facility to cover global perils with NormanMax

CFC continues transaction liability expansion with new European office

WTW teams up with Kayna and Vibrant to enhance cybersecurity insurance

Britannia P&I to seek minimum 7.5% rate gain from members in 2025/6

Root Platform launches programme to upskill insurance industry coders

Property looks perma-hard, but never care-free, says Zurich’s Greco

Allstate faces $4.8bn YTD cat losses

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze