Report
Benoit Valleaux

Munich Re : Un RN en ligne avec la guidance du groupe

>Un RN 2020 de 1.2 Md€ comme prévu - Munich Re a publié jeudi dernier un RN 2020 de 1.21 Md€ (-56%), en ligne avec la guidance (~1.2 Md€) communiquée le 1er décembre dernier, correspondant à un RN de 0.21 Md€ sur le seul T4. Ce RN comprend une charge COVID de 3 500 M€ en 2020 (3 066 M€ en réassurance dommages, 370 M€ en réassurance vie et 64 M€ pour Ergo) très légèrement supérieure à la guidance du groupe (3 445 M€), essentiellement du fait des pertes d’exploitation. ...
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

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