Munich Re : Confident tone during management meetings
>Positive business momentum revealed during meetings - Munich Re held management meetings yesterday with a focus on P/C and L/H reinsurance, Specialty primary insurance and IFRS 17 topics. Management provided a confident tone regarding current business and reiterating that the group is running ahead of its 2025 ambitions set at a time when the substantial increase of interest rates was not expected. Q2 2023 results might be driven by nat cat claims below the quarterly...Muenchener Rueckversicherungs-Gesellschaft is engaged in reinsurance, primary insurance and asset management. Co.'s international life business is written in the Life Division. The Global Clients and North America division manages accounts with international insurance groups. The Europe and Latin America division manages property-casualty business in Europe, Latin America and the Caribbean. The Germany, Asia Pacific and Africa division conducts property-casualty business in Germany, Africa, Asia, Australia and the Pacific Islands. The Special and Financial Risks division manages the classes of credit, aviation and space, agriculture, enterprise and contingency risks.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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