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

Munich Re : Profit warning sur le RN 2020 et suspension du programme de rachat d’actions

>La guidance de RN 2020 ne sera pas tenue, sans surprise - Munich Re a indiqué hier soir, que son activité de réassurance dommages a enregistré une charge très importante de sinistres relatifs au COVID-19. Ces charges de sinistres sont essentiellement dues à l’annulation ou au report de grands événements. Le groupe anticipe ainsi désormais un RN pour le T1 2020 « low three-digit milliion euro range » (ie environ 0.1 €/0.2 Md€) contre 633 M€ au T1 2019. Compte tenu d...
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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