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Global reinsurance and primary insurance group
munichre.comLast updated
In short: Munich Re reported a preliminary Q2 2026 net profit of €2.2bn and warned of increased extreme weather risks caused by the El Niño cycle.
The result exceeded the consensus estimate of €1.786bn, supported by strong operational performance and low major-loss expenditure. H1 net profit of €3.9bn puts the company on track for its annual target of €6.3bn.
Cossette led significant growth and digital innovation over 19 years; Maistry, currently Global Chief Actuary, will succeed in H2 2026.
Four of the last five years were the costliest on record, with each major non-peak peril hitting its costliest year in this period.
The results were presented by CFO Andrew Buchanan.
On August 7 the announcement of the results...
NEW YORK (dpa-AFX Analyser) - The Canadian bank RBC has set the rating for Munich Re to 'Sector Perform' with a price target of...
Munich Re reported second-quarter proft that exceeded analyst estimates on “very low” major-loss expenditures in its property-casualty reinsurance business.
The recovery rally of Munich Re stock that has been running since June came to an abrupt halt on Tuesday. The shares fell by 14 percent in the morning to 509.40 euros...
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