Munich Re profit climbs to ?2.2 billion, maintains full-year outlook

NAMPA / DPA

2026-08-07

Munich (dpa) - German reinsurer Munich Re reported higher second-quarter profit on Friday, helped by exceptionally low major-loss expenditure in its property and casualty reinsurance business and a strong investment result. The company maintained its full-year 2026 profit target but lowered its insurance revenue outlook. Net profit rose to ?2.21 billion ($2.54 billion) from ?2.09 billion in the same period last year, while insurance revenue edged......

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