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Munich Reinsurance Company Ag in Munich Reports Q3 Results; Reaffirms Fy Outlook

Munich Re reported a significant increase in its property and casualty reinsurance result, as a much lower combined ratio thanks to lower major losses,

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hna.dehna.de
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Summer is the cyclone season in the southern latitudes of the northern hemisphere. To date, storms have caused comparatively little damage this year - one of the beneficiaries is a Dax group.

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Small damage from natural disasters and a good development of Ergo's first insurance subsidiary have provided the reinsurer Munich Re with a quarterly result of 2 billion euros. The Group is therefore in the plan. Chief Financial Officer Christoph Jurecka, who is currently preparing for his new role as Munich Re-Chief, was satisfied. The company operates cautiously when signing new contracts and sees a "plateau formation" in the price developmen…

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The reinsurer Munich Re achieved consolidated earnings of almost two billion euros in the third quarter and is therefore fully on track to reach the annual target of six billion euros. As already demonstrated at Hannover Re, the world's largest reinsurer benefited from minor major losses. However, that Munich does not want to increase the profit target for 2025 in contrast to the smaller competitor was mixed up on the stock exchange. The acting …

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Handelszeitung broke the news in on Tuesday, November 11, 2025.
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