Munich Re’s 9M’24 net result rises 31% despite Q3 cat losses of €1.4bn

Share!

Reinsurance News - Nov 07, 2024

German reinsurer Munich Re has reported a net result of €4.7 billion for the first nine months of 2024, despite losses from natural catastrophes in the third quarter rising significantly to €1.4 billion, of which roughly €500 million relates to hurricane Helene. For 9M 2024, the net result increased...

Read Full Article

Recommended Articles

US cyber rates drop 32% at April 1, bespoke solutions surge amid ample reinsurance capacity: Gallagher Re

Posted: Apr 02, 2026

US cyber reinsurance rates fell around 32% during the April 1 renewals, impacted by a surge in exces...

Aon’s Reinsurance Solutions names Jukgrid Treesuttamas as Senior Advisor, Thailand

Posted: Apr 02, 2026

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has appointed Jukgrid Tr...

Markel Insurance appoints James Shankland as Head of Ocean Cargo, US

Posted: Apr 02, 2026

Markel, the insurance operations within Markel Group Inc., has announced the appointment of James Sh...