German reinsurer Munich Re remains on track despite major losses [Yahoo! Finance]
MUENCHENER RE GP UNSP/ADR (MURGY)
NASDAQ:AMEX Investor Relations:
ir.kiterealty.com
Company Research
Source: Yahoo! Finance
Major losses in reinsurance amounted to €1.6 billion ($1.72 billion), the DAX-listed company announced on Thursday from its headquarters in the southern German city of Munich. The most expensive event was Hurricane Helene in the United States, which accounted for €500 million. For the fourth quarter, the management board anticipates further significant losses from Hurricane Milton, although no figure has yet been disclosed. Despite this, chief financial officer Christoph Jurecka believes that Munich Re is still on track for an annual profit of more than €5 billion. In the third quarter, Munich Re earned €930 million, down by a fifth compared to the previous year, as it had roughly indicated based on preliminary information in October.
Show less
Read more
Impact Snapshot
Event Time:
MURGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MURGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MURGY alerts
High impacting MUENCHENER RE GP UNSP/ADR news events
Weekly update
A roundup of the hottest topics
MURGY
News
- Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS: MURGY) was downgraded by analysts at UBS Group AG from a "strong-buy" rating to a "hold" rating.MarketBeat
- International, domestic insurers push into catastrophe-hit US property markets [Yahoo! Finance Canada]Yahoo! Finance Canada
- International, domestic insurers push into catastrophe-hit US property markets [Yahoo! Finance]Yahoo! Finance
- International, domestic insurers push into catastrophe-hit US property markets [Yahoo! Finance Canada]Yahoo! Finance Canada
- WINT Water Intelligence and Polygon enter partnership to deliver enhanced water damage prevention [Yahoo! Finance]Yahoo! Finance