Olympics delay, not cancellation, provides reprieve for insurers [Reuters]
MUENCHENER RE GP UNSP/ADR (MURGY)
NASDAQ:AMEX Investor Relations:
ir.kiterealty.com
Company Research
Source: Reuters
Olympics delay, not cancellation, provides reprieve for insurers * Olympics likely insured for more than $2 bln-Jefferies * International organisers have $800 mln policy * Pay-outs seen smaller for postponement than cancellation * Lloyd’s, Munich Re, Swiss Re providing cover-sources By Carolyn Cohn and Noor Zainab Hussain LONDON, March 24 (Reuters) - Delaying the Olympics is likely to cost insurers much less than cancelling the Tokyo Games altogether, with a chance that some of those involved may not have policies specifically covering a postponement, industry sources say. The Tokyo Olympics were postponed on Tuesday to 2021, the first such delay in the modern Games’ 124-year history, as the coronavirus crisis forced the delay to one of the last international sporting events still standing this year. Jefferies analysts have estimated the insured cost of the Games at $2 billion, including TV rights and sponsorship, plus $600 million for hospitality. The International Olympic Committee
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
- WINT Water Intelligence and Polygon enter partnership to deliver enhanced water damage prevention [Yahoo! Finance]Yahoo! Finance
- Cyber Threats, Changes in Climate, and Business Interruption are Insurance Buyers' and Sellers' Top Risk Concerns, Says New Munich Re/Triple-I Survey [Yahoo! Finance]Yahoo! Finance
- Drone Insurance Market is expected to reach a revenue of USD 3.8 Bn by 2033, at 9.1% CAGR: Dimension Market Research [Yahoo! Finance]Yahoo! Finance
- Institutions own 31% of NÜRNBERGER Beteiligungs-AG (ETR:NBG6) shares but retail investors control 32% of the company [Yahoo! Finance]Yahoo! Finance
- Münchener Rückversicherungs-Gesellschaft in München Third Quarter 2024 Earnings: EPS: €7.02 (vs €8.61 in 3Q 2023) [Yahoo! Finance]Yahoo! Finance