Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Despite high losses, Munich Re achieves a result of around €0.4bn in Q3, and maintains its annual guidance for 2021
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München / Key word(s): Quarter Results In Q3 2021, Munich Re’s result was burdened by high losses from natural catastrophes. The company estimates that windstorm Bernd, which led to flooding and flash floods in Germany and neighbouring countries, will cost roughly €0.6bn in the segments property-casualty reinsurance and ERGO Property-casualty Germany. And in the USA, Hurricane Ida caused losses totalling roughly €1.2bn in property-casualty reinsurance. Munich Re will announce its final Q3 result, as scheduled, on 9 November. Contact: Dr. Stefan Gehring General Counsel & Group Chief Compliance Officer
19-Oct-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München |
Königinstraße 107 | |
80802 München | |
Germany | |
Phone: | +49(0) 89 3891-0 |
Fax: | +49(0) 89 399 056 |
E-mail: | shareholder@munichre.com |
Internet: | www.munichre.com |
ISIN: | DE0008430026, DE0008430026 |
WKN: | 843002, 843002 |
Indices: | DAX, EURO STOXX 50 |
Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange; Mailand |
EQS News ID: | 1241834 |
End of Announcement | DGAP News Service |
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