Report
Benoit Valleaux ...
  • Roland Pfaender,MBA,CFA,CCRA

Munich Re : Fundamentals fully valued

>Favourable price momentum in P&C reinsurance - Munich Re continues to benefit from favourable pricing prospects in P&C reinsurance. Recall that the group recorded an average increase in prices of around 1.2% in the renewals last January (increase in volumes of 3.2%) and around 3% in the renewals last April (increase in volumes of 22.7%). We expect, notably taking into account the crisis, further price increases in P&C reinsurance in the next renewals in June and July...
Underlying
Munich Reinsurance Company

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Benoit Valleaux

Roland Pfaender,MBA,CFA,CCRA

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