Munchener Ruckversicherungs-Gesellschaft AG (MURGF) Q3 2024 Earnings Call Highlights: Resilient ... [Yahoo! Finance]
MUENCHENER RE GP UNSP/ADR (MURGY)
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Source: Yahoo! Finance
Return on Investment (ROI): 3.6% in Q3, with a nine-month group ROI of 3.4%. Reinvestment Yield: Fell to 4.3% in Q3. Life & Health Reinsurance Technical Result: EUR428 million in Q3. Property Casualty Reinsurance Combined Ratio: 90.5% in Q3, with a normalized combined ratio of 81.3%. ERGO Net Result: EUR164 million in Q3. ERGO Germany Combined Ratio: 86% in Q3. ERGO International Combined Ratio: 96.1% in Q3. Solvency II Ratio: Increased to 292% in Q3. Full Year Net Profit Expectation: Expected to exceed EUR5 billion. Life & Health Reinsurance Full Year Guidance: Total technical result guidance lifted to EUR2 billion. Warning! GuruFocus has detected 5 Warning Sign with MURGF. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Munchener Ruckversicherungs-Gesellschaft AG ( MURGF ) achieved a net result of EUR930 million in Q3, despite above-average major losses from natural catastr
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