Business
Munich Re Lowers Revenue Outlook After Reinsurance Prices Fall
Munich Re MUV2 -2.45%decrease; down pointing triangle lowered its full-year insurance revenue outlook, after both volumes and prices fell at last month’s round of reinsurance-contract renewals.
The German reinsurer said Friday that it now expects 2026 insurance revenue to be 62 billion euros ($71.46 billion), against its previous forecast of 64 billion euros. Revenue in reinsurance is expected to total 38 billion euros, down from 40 billion euros previously, it said.
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