Munich Re posts net result of €1.1bn in Q1 despite high major-loss expenditure
Summary by finchannel.com
1 Articles
1 Articles
All
Left
Center
Right
Munich Re posts net result of €1.1bn in Q1 despite high major-loss expenditure
In Q1 2025, Munich Re generated a net result of €1,094m (2,115m). Insurance revenue from insurance contracts issued rose to €15,811m (15,061m). The total technical result fell to €2,054m (2,646m), which was primarily attributable to high major-loss expenditure in reinsurance. The currency result totalled –€506m (277m), due particularly to foreign exchange losses in connection with the US dollar. The operating result decreased to €1,465m (2,891m)…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage