Munich Re in the news

Munich Re navigates declining reinsurance prices and a reduced revenue forecast while striving to maintain its €6.3 billion profit target for 2026, amid stock market volatility and strategic acquisitions.

Munich Re Specialty - North America has appointed Laura Coppola to lead its U.S. binding authorities underwriting management and strategy.

Munich Re warns of growing financial damages from mid-sized natural disasters, heatwaves, wildfires, and cyber-attacks, while reinsurance prices are declining.

Munich Re reports that insured losses from non-peak natural catastrophes and global catastrophes exceeded $100 billion, with evolving risks from climate change, cyber threats, and AI increasing the need for robust reinsurance and risk management.

Munich Re states that the value of reinsurance is more evident than ever due to increasingly global and volatile risks, including over $100 billion in non-peak peril losses and the rise of heat as a significant claim driver.

Insurance stocks, including Munich Re, are sought after ahead of the ECB interest rate hike due to benefits from rising rates.

Munich Re navigates declining reinsurance prices and increasing mid-sized catastrophe losses by cutting unprofitable business and acquiring a cyber insurtech to meet its 2026 profit target.

Berenberg maintained its 'Hold' rating for Munich Re, forecasting continued price declines in the reinsurance sector.

Munich Re indicated that rising insurance prices are insufficient to cover escalating losses from past contracts, especially in the US liability market.

Munich Re sees a major business opportunity in closing the cyber protection gap and emphasizes the industry's responsibility to educate clients on cyber insurance value.

Munich Re executives express concerns about US casualty sidecars, citing risks from long-tail liabilities, high-return strategies, and persistent challenges in the US liability market.

Munich Re reports record insured losses from non-peak natural perils exceeding $100 billion in 2025, alongside rising challenges from wildfires, cyber, and AI risks, emphasizing the critical role of reinsurance.

Munich Re Specialty in Ireland has significantly increased its underwriting capacity across marine cargo, construction and engineering, and property lines, offering Irish brokers broader product coverage and territorial reach.

Munich Re Group will acquire cyber insurtech At-Bay for $575 million, strengthening its position in the cyber insurance market by integrating advanced cybersecurity solutions.

Natural disasters in the first half of 2026 resulted in nearly US$112bn in global losses, with only US$44bn insured, driven by a severe earthquake in Venezuela, US thunderstorms, and record heatwaves amplified by climate change and a looming "Super El Niño."

New leadership has been appointed for the cyber insurance divisions in the Asia-Pacific and African markets.

Munich Re continues its massive share buyback program and maintains high profit targets despite shifting global storm risks and currency headwinds.

Munich Re stock showed slight growth on Monday following quarterly financial results that displayed higher earnings per share despite a revenue decrease.

Munich Re executive Christoph Jurecka has been appointed to the board of the global insurance think tank The Geneva Association.

Lard Friese has taken over as chair of the Geneva Association, with Munich Re's Christoph Jurecka joining the board.