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Muenchener Rueckversicherungs Gesellschaft AG in Muenchen (MUVGn.DE)

MUVGn.DE on Xetra

186.30EUR
15 Dec 2017
Change (% chg)

€2.05 (+1.11%)
Prev Close
€184.25
Open
€183.85
Day's High
€187.45
Day's Low
€183.55
Volume
1,439,126
Avg. Vol
608,249
52-wk High
€199.00
52-wk Low
€166.60

Latest Key Developments (Source: Significant Developments)

Losses From Shocks To 300 Cities Estimated To Be 1.48 Pct Of GPD- Risk Index
Tuesday, 5 Dec 2017 07:58am EST 

Dec 5 (Reuters) - Cambridge Global Risk Index::CAMBRIDGE GLOBAL RISK INDEX- WEIGHTED LOSSES FROM 22 TYPES OF SHOCKS TO 300 CITIES ESTIMATED TO BE 1.48% OF ANNUAL GDP.CAMBRIDGE GLOBAL RISK INDEX- GLOBAL RISK INDEX OF 1.51 PERCENT MEANS AN EXPECTED LOSS OF $1.17 TRILLION.  Full Article

RPT-Munich Re CFO sees worldwide rise in reinsurance rates
Thursday, 9 Nov 2017 04:03am EST 

Nov 9 (Reuters) - Munich Re :CFO sees worldwide "positive development" in reinsurance rates, which will be reflected in future profit.CFO says its "small profit" guidance for 2017 would be a low 3-digit million euro figure if the fourth quarter proceeds normally.  Full Article

Munich Re sees 2017 reinsurance combined ratio of 112 percent - presentation slides
Thursday, 9 Nov 2017 01:30am EST 

Nov 9 (Reuters) - Munich Re :Sees 2017 reinsurance combined ratio of around 112 percent versus year-earlier 97 percent, according to presentation slides.Sees 2017 net result for Ergo unit of between 200 million euros and 250 million euros, the slides showed .  Full Article

Swiss Re CFO: price rises in areas hit by large losses of up to 50 pct would not be surprising
Thursday, 2 Nov 2017 06:30am EDT 

Nov 2 (Reuters) - Swiss Re CFO tells Reuters:price increases of up to 50 percent would not be surprising in areas hit by large losses‍​.on speculation regarding interest in Generali & Ergo German closed life books: we have been very clear about our desire to continue focusing on U.K. Business.reduced our position in New China Life a little bit earlier in Q4, which will be reflected in our Q4 results.remain committed to China and New China Life relationship, but realized some of the value accretion on that investment.remain committed to maintaining consistency on our dividend policy.  Full Article

MSK estimates insured losses from storm Herwart in Germany at approx 250 mln eur‍​
Monday, 30 Oct 2017 11:58am EDT 

Oct 30 (Reuters) - :Actuary company MSK says estimates insured losses from storm herwart in germany at around 250 million eur‍​.Actuary company MSK says estimates losses from storms for german insurers at over 1 billion eur so far this year.  Full Article

Munich Re says hurricanes don't reduce risk appetite
Monday, 23 Oct 2017 04:16am EDT 

Oct 23 (Reuters) - Munich Re board member:Says will not reduce risk appetite after series of hurricanes.  Full Article

Munich RE says Giuseppina Albo is leaving board of management‍​
Thursday, 19 Oct 2017 09:14am EDT 

Oct 19 (Reuters) - MUNICH RE ::GIUSEPPINA ALBO IS LEAVING THE BOARD OF MANAGEMENT OF MUNICH RE AT THE END OF THE YEAR AT HER OWN REQUEST.‍​.IN 2018, SHE WILL TAKE UP THE POSITION OF CEO AT HAMILTON INSURANCE GROUP, BERMUDA‍​.  Full Article

Moody's Analytics sees economic cost of Irma at $64-92 billion
Tuesday, 12 Sep 2017 05:24am EDT 

Sept 12 (Reuters) - Moody's Analytics:Says currently estimates the economic cost of hurricane Irma to be approximately $64-92 billion.Says hurricanes Harvey and Irma combined likely to have caused $150-200 billion of damage.Says sees Texas energy industry, Florida tourism to be operating at close to normal by end of September.Says hurricanes' hit to national real GDP growth in Q3 expected to be close to 0.5 percent points.  Full Article

Munich Re CEO says too early to give a profit forecast for 2018
Wednesday, 9 Aug 2017 05:17am EDT 

Aug 9 (Reuters) - Munich Re MUVGN.DE:CEO says too early to provide a profit forecast for 2018.CEO says "ambition" is to stabilise profit and gradually increase profit, when asked about 2018 outlook.CFO says Solvency II ratio at end of first half of 2017 was 261 percent, despite dividend payments and currency losses.CEO says not very likely to seek acquisition of a broad reinsurer.CEO says any possible acquisition targets are relatively expensive, not under pressure to acquire.Board member declines to provide Grenfell Tower fire cost estimate but says costs containable for a company like Munich Re.  Full Article

Jardine Lloyd Thompson says it is broker for Grenfell Tower building
Thursday, 15 Jun 2017 05:24am EDT 

June 15 (Reuters) - Jardine Lloyd Thompson Group Plc ::Jardine Lloyd Thompson says it is broker for Grenfell Tower Building.  Full Article

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Australia's IAG makes premium sharing arrangements to curb earnings volatility

SYDNEY Insurance Australia Group Ltd said on Friday it will share 12.5 percent of its premiums and costs with Munich Re , Swiss Re and Hannover Re , in a series of deals that will release capital for Australia's biggest general insurer.