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Munich Re sets aside $106M for Middle East losses
German firm Munich Re allocated 90 million euros ($106 million) in the first quarter of 2026 for claims from the Middle East conflict, Middle East
Low claims payouts drive Munich Re profit surge
Germany-headquartered Munich Re posted a 57% year-on-year increase in its first-quarter net result to 1.7 billion euros ($2 billion), Life Insurance International reported. The group’s
Munich Re Q1 profit jumps on lower catastrophe losses
Munich Re reported first-quarter net income of €1.7 billion ($2 billion), up 57% from a year earlier, driven by lower major-loss claims and strong underwriting
