UPDATE 1-Dorian industry insured losses seen in several billions of dollars - Munich Re [Reuters]
MUENCHENER RE GP UNSP/ADR (MURGY)
NASDAQ:AMEX Investor Relations:
ir.kiterealty.com
Company Research
Source: Reuters
UPDATE 1-Dorian industry insured losses seen in several billions of dollars - Munich Re - Reuters 1 Min Read (Recasts with Dorian loss estimate) FRANKFURT, Sept 8 (Reuters) - Insured losses from Hurricane Dorian are expected to total several billions of dollars, German reinsurer Munich Re said on Sunday. Board member Torsten Jeworrek, speaking at an industry conference, said that the estimate was a “rough guess” as damage was still to be tallied. Dorian ripped into the Bahamas earlier this week, leaving a trail of destruction and death, before pounding parts of North Carolina and moving on to Canada. Separately, Jeworrek said he expected reinsurance rates to rise further across the industry, stabilizing after years of declines. The “clear expectation” is a “further stabilisation and price increases,” Jeworrek said. Swiss Re, a major competitor, said it also expected rate increases in areas hit by heavy losses, but more stable rates elsewhere amid abundant capital. (Reporting by Tom Si
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