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Muenchener Rueckversicherungs Gesellschaft AG in Muenchen (MUVGn.DE)

MUVGn.DE on Xetra

188.30EUR
22 Oct 2018
Change (% chg)

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€188.30
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558,220
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€200.30
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€174.85

Latest Key Developments (Source: Significant Developments)

Munich Re Says Expects Flattish Prices In Renewal Round
Sunday, 9 Sep 2018 

Sept 9 (Reuters) - Muenchener Rueckversicherungs (Munich Re) ::BOARD MEMBER JEWORREK SAYS EXPECTING "FLATTISH" PRICES AROUND THE WORLD IN RENEWAL ROUND, CAN KEEP THE PROFITABILITY WE HAVE IN 2018.CHIEF UNDERWRITER GOLLING SAYS HAVE GROWN OUR CYBER INSURANCE PORTFOLIO TO MORE THAN $400 MILLION IN 2018.  Full Article

AIG To Acquire UK Group Life Specialist Ellipse From Munich Re
Wednesday, 20 Jun 2018 

June 20 (Reuters) - American International Group Inc ::AIG TO ACQUIRE UK GROUP LIFE SPECIALIST ELLIPSE FROM MUNICH RE.AIG SAYS TERMS OF TRANSACTION WERE NOT DISCLOSED.AIG SAYS TRANSACTION WILL BE FULLY FUNDED WITH CASH.  Full Article

Munich Re To Carry Out First Tranche Of Share Buyback Authorized By AGM On 25 April
Thursday, 7 Jun 2018 

June 7 (Reuters) - MUENCHENER RUECKVERSICHERUNGS GESELLSCHAFT AG ::AVAILING ITSELF OF AUTHORISATION TO BUY BACK SHARES GRANTED BY ANNUAL GENERAL MEETING ON 25 APRIL 2018.BUY-BACK FOR A MAXIMUM TOTAL PURCHASE PRICE OF EUR 1 BILLION SHALL BE CARRIED OUT IN SEVERAL TRANCHES.FIRST TRANCHE WITH MAXIMUM TOTAL PURCHASE PRICE OF UP TO EUR 360,000,000 TO BE CARRIED OUT BETWEEN 8 JUNE 2018 AND 6 SEPT.  Full Article

Ergo, Union Verdi Reach AGreement Over Strategy Programme
Wednesday, 16 May 2018 

May 16 (Reuters) - Munich Re unit Ergo::SAYS REACHES AGREEMENT WITH LABOUR UNION VERDI OVER ERGO STRATEGY PROGRAMME.SAYS AGREES NOT TO PUSH THROUGH FORCED LAYOFFS, TO GUARANTEE SITES AND ENSURE SAME CONDITIONS FOR OUTSOURCED WORKERS.  Full Article

Munich Re CFO Says Confident That 2018 Profit Will Be At The Upper End Of Target
Tuesday, 8 May 2018 

May 8 (Reuters) - Muenchener Rueckversicherungs Gesellschaft AG in Muenchen ::CFO SAYS CONFIDENT THAT 2018 PROFIT WILL BE AT THE UPPER END OF TARGET.  Full Article

Munich Re CEO Eyes Mix Of Organic Growth and M&A
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Munich Re at AGM::CEO SAYS CO'S STRONG BALANCE SHEET ALLOWS FOR GROWTH ORGANICALLY AND THROUGH ACQUISITIONS.CEO SAYS ERGO TO CONTRIBUTE AT LEAST 600 MILLION EUROS TO PROFITS PER YEAR FROM 2021, BUT MUCH WORK REMAINS TO BE DONE.  Full Article

Deutsche Post CEO Says Goal Of Achieving Operating Profit Of More Than 5 Billion Euros In 2020 Is Realistic
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Deutsche Post ::CEO SAYS GOAL OF ACHIEVING OPERATING PROFIT OF MORE THAN 5 BILLION EUROS IN 2020 IS REALISTIC.SAYS FORMER MUNICH RE CHIEF VON BOMHARD TO BE NEW SUPERVISORY BOARD CHAIR.  Full Article

Munich Re To Buy Back Shares For Up To 1 Bln Euros
Thursday, 15 Mar 2018 

March 15 (Reuters) - Munich Re ::SAYS RESOLVES SHARE BUYBACK.SAYS ‍RESOLVED TO BUY BACK UP TO 11 MILLION SHARES FOR A MAXIMUM TOTAL PURCHASE PRICE OF EUR 1 BN​.  Full Article

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

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 

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

Resolution's Cowdery has $2 bln life insurance deal in sight

LONDON, Oct 18 UK life insurance entrepreneur Clive Cowdery, who pioneered the practice of buying up closed books in Britain and the U.S., has launched a new company as more assets come up for sale and hopes to close a $2 billion deal by the end of the year.