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Munich Re posts net result of €1.1bn in Q1 despite high major-loss expenditure

Summary by finchannel.com
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)…
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finchannel.com broke the news in on Thursday, May 15, 2025.
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