Munich Re Could Raise Guidance if Hurricane Season is Benign

Dow Jones07-24 20:47

1247 GMT - Munich Re could raise 2026 guidance at its third-quarter results if large losses remain benign through the hurricane season, RBC Capital Markets' Ben Cohen and Sarah Chong say in a research note. In an unscheduled update, the German reinsurer said net profit for the second quarter would beat consensus estimates by 23%, driven by low large losses in property-and-casualty reinsurance and a strong investment result. This means Munich Re made 3.9 billion euros in first-half net profit and is tracking ahead of its target of 6.3 billion euros for the full year, RBC says. Shares trade 0.3% lower. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

July 24, 2026 08:47 ET (12:47 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2653308246?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-24 20:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653308246","market":"fut","top_or_hot":-1,"title":"Munich Re Could Raise Guidance if Hurricane Season is Benign","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1247 GMT - Munich Re could raise 2026 guidance at its third-quarter results if large losses remain benign through the hurricane season, RBC Capital Markets' Ben Cohen and Sarah Chong say in a research note. In an unscheduled update, the German reinsurer said net profit for the second quarter would beat consensus estimates by 23%, driven by low large losses in property-and-casualty reinsurance and a strong investment result. This means Munich Re made 3.9 billion euros in first-half net profit and is tracking ahead of its target of 6.3 billion euros for the full year, RBC says. Shares trade 0.3% lower. (adria.calatayud@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 24, 2026 08:47 ET (12:47 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Munich Re Could Raise Guidance if Hurricane Season is Benign</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMunich Re Could Raise Guidance if Hurricane Season is Benign\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-24 20:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1247 GMT - Munich Re could raise 2026 guidance at its third-quarter results if large losses remain benign through the hurricane season, RBC Capital Markets' Ben Cohen and Sarah Chong say in a research note. In an unscheduled update, the German reinsurer said net profit for the second quarter would beat consensus estimates by 23%, driven by low large losses in property-and-casualty reinsurance and a strong investment result. This means Munich Re made 3.9 billion euros in first-half net profit and is tracking ahead of its target of 6.3 billion euros for the full year, RBC says. Shares trade 0.3% lower. (adria.calatayud@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 24, 2026 08:47 ET (12:47 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MURGY","symbol_name":"Muenchener Rueckver Ges","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653308246","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653308246","pubTimestamp":1784897220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1247 GMT - Munich Re could raise 2026 guidance at its third-quarter results if large losses remain benign through the hurricane season, RBC Capital Markets' Ben Cohen and Sarah Chong say in a research note. In an unscheduled update, the German reinsurer said net profit for the second quarter would beat consensus estimates by 23%, driven by low large losses in property-and-casualty reinsurance and a strong investment result. This means Munich Re made 3.9 billion euros in first-half net profit and is tracking ahead of its target of 6.3 billion euros for the full year, RBC says. Shares trade 0.3% lower.  Dow Jones NewswiresJuly 24, 2026 08:47 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MURGY":"Muenchener Rueckver Ges","BK4019":"再保险"},"translate_title":"如果飓风季节是良性的，慕尼黑再保险公司可能会提高指导","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MURGY":0.9},"content_text":"1247 GMT - Munich Re could raise 2026 guidance at its third-quarter results if large losses remain benign through the hurricane season, RBC Capital Markets' Ben Cohen and Sarah Chong say in a research note. In an unscheduled update, the German reinsurer said net profit for the second quarter would beat consensus estimates by 23%, driven by low large losses in property-and-casualty reinsurance and a strong investment result. This means Munich Re made 3.9 billion euros in first-half net profit and is tracking ahead of its target of 6.3 billion euros for the full year, RBC says. Shares trade 0.3% lower. (adria.calatayud@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 24, 2026 08:47 ET (12:47 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2653308246","isCrawlerRequest":true}