Münchener Rück AG (DE0008430026)
 

555,00 EUR

Stand (close): 22.08.25

Nachrichten
Datum / Uhrzeit Titel Bewertung
21.08.25 07:00:00 Die Marktanalyse von Best: Die europäischen "Big Four" Reinsuranzunternehmen behalten ihren Risikofreudigkeit bei.
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** Here’s a 400-word summary of the provided text, followed by a German translation: **Summary (English):** A recent AM Best report, released August 21, 2025, highlights the continued strong performance of Europe’s “Big Four” reinsurance giants – Swiss Re, Munich Re, Hannover Re, and SCOR. Despite experiencing a significant impact from the California wildfires in the first quarter of 2025 and early signs of rate softening, these reinsurers are maintaining their ambitious profit targets for 2025. This resilience is primarily due to the continued success of writing business within the “hard” reinsurance market, characterized by robust pricing and stringent underwriting terms. The report, titled "The European ‘Big Four’ Reinsurers Maintain Their Risk Appetites," is a pre-Rendez-Vous de Septembre analysis, a key reinsurance event held annually in Monte Carlo. AM Best is providing a range of reports leading up to and during the event, including global reinsurance rankings and deep dives into specific segments like insurance-linked securities, Lloyd’s, life/annuity, health reinsurance, and regional markets. Several factors are contributing to the Big Four’s success. The favorable interest rate environment has boosted profitability, and increased demand for longevity and mortality risk protection is driving growth in the life reinsurance segment. Furthermore, their disciplined approach to underwriting, fueled by strong pricing and adherence to strict terms and conditions, ensures continued performance improvements. AM Best is preparing for the upcoming Rendez-Vous de Septembre with a series of resources, including a market briefing scheduled for September 7th, 2025, in Monte Carlo. AM Best’s expertise extends beyond just reporting; they are a global credit rating agency, news publisher, and data analytics provider specializing in the insurance industry, operating in over 100 countries. The report’s release emphasizes AM Best's commitment to providing crucial insights and analysis within the evolving reinsurance landscape. --- **German Translation:** **Zusammenfassung (Deutsch):** Eine aktuelle Bericht von AM Best, veröffentlicht am 21. August 2025, beleuchtet die anhaltend starke Performance der „Big Four“ europäischen Rückversicherungsunternehmen – Swiss Re, Munich Re, Hannover Re und SCOR. Trotz eines erheblichen Einflusses durch die Waldbrände in Kalifornien im ersten Quartal 2025 und der frühen Anzeichen einer Kursabschwächung halten diese Rückversicherungsriesen ihre ambitionierten Gewinnziele für 2025. Diese Widerstandsfähigkeit beruht hauptsächlich auf dem weiterhin erfolgreichen Schreiben von Geschäften innerhalb des „harten“ Rückversicherungsmarktes, der durch starke Preise und strenge Richtlinien für die Unterversicherung gekennzeichnet ist. Der Bericht, mit dem Titel „Die europäischen „Big Four“ Rückversicherer halten ihre Risikofreude“, ist eine vor-Rendez-Vous de Septembre-Analyse, ein wichtiger Rückversicherungsereignis, das jährlich in Monte Carlo stattfindet. AM Best stellt eine Reihe von Berichten vor und während der Veranstaltung bereit, darunter globale Rückversicherungsrankings und tiefgehende Einblicke in bestimmte Segmente wie Insurance-Linked Securities, Lloyd’s, Life/Annuitäten, Gesundheitsrückversicherung und regionale Märkte. Mehrere Faktoren tragen zum Erfolg der Big Four bei. Die günstige Zinsumgebung hat die Rentabilität gesteigert, und die erhöhte Nachfrage nach Alters- und Sterbereisiko-Schutz treibt das Wachstum im Lebensrückversicherungssegment voran. Darüber hinaus sorgt ihr disziplinierter Ansatz für die Unterversicherung, gestützt auf starke Preise und die Einhaltung strenger Bedingungen, für anhaltende Leistungsverbesserungen.
10.08.25 06:47:57 Münchener Rückversicherungs-Gesellschaft in München Ergebnis: EPS Beats Erwartungen, Revenues Lag
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** Here’s a summary of the text, followed by a German translation, aiming for around 400 words: **Summary: Münchener Rückversicherungs-Gesellschaft (MUV2) - Q2 2025 Results** Münchener Rückversicherungs-Gesellschaft in München (MUV2), a German reinsurance company, reported strong financial results for the second quarter of 2025, exceeding analyst expectations in several key areas. Overall revenue reached €15.7 billion, a 5.8% increase compared to the same period last year. This fueled a significant jump in net income to €2.08 billion – a 28% rise – resulting in an improved profit margin of 13%, up from 11% in the previous quarter. The Earnings Per Share (EPS) also dramatically increased to €15.94, surpassing prior estimates by 19%. Despite this impressive earnings growth, revenue fell short of analyst predictions by 3.0%. This suggests a potential challenge in consistently meeting market expectations. Looking ahead, the company forecasts an average annual revenue growth of 5.3% over the next three years, which is slightly higher than the projected 5.2% growth for the broader European insurance industry. The company's share price remained broadly unchanged over the past week, reflecting a cautious market reaction. The strong earnings performance is likely to support investor confidence, but the missed revenue target provides a note of caution. The article highlights the importance of considering both the profit and loss statement (revenue & earnings) and the balance sheet. It emphasizes that while the reported figures are based on trailing twelve month (TTM) data, they offer a valuable snapshot of the company’s performance. Crucially, the report reiterates that the information provided is for general informational purposes only and is not financial advice. Simply Wall St operates with an unbiased methodology and does not endorse any investment decisions. The company has no vested interest in MUV2 stock. --- **German Translation:** **Zusammenfassung: Münchener Rückversicherungs-Gesellschaft (MUV2) – Q2 2025 Ergebnisse** Die Münchener Rückversicherungs-Gesellschaft in München (MUV2), ein deutsches Rückversicherungsunternehmen, hat starke Finanzergebnisse für das zweite Quartal 2025 veröffentlicht, die Erwartungen der Analysten in mehreren Schlüsselbereichen übertroffen. Die Gesamterlöse beliefen sich auf 15,7 Milliarden Euro, ein Anstieg von 5,8 % gegenüber dem Vorjahr. Dies führte zu einem deutlichen Anstieg des Nettogewinns auf 2,08 Milliarden Euro – einem Anstieg von 28 % – und einer verbesserten Gewinnmarge von 13 %, gegenüber 11 % im Vorquartal. Der Gewinn pro Aktie (EPS) stieg ebenfalls deutlich auf 15,94 €, was 19 % über den früheren Schätzungen liegt. Trotz dieses beeindruckenden Wachstums der Erträge verfehlten die Erlöse die Analystenschätzungen um 3,0 %. Dies deutet auf eine potenzielle Herausforderung hin, konstant Erwartungen zu erfüllen. Mit Blick auf die Zukunft prognostiziert das Unternehmen ein durchschnittliches jährliches Umsatzwachstum von 5,3 % im Durchschnitt über die nächsten drei Jahre, was leicht höher ist als die prognostizierte 5,2 % Wachstumsrate für die europäische Versicherungsbranche insgesamt. Der Aktienkurs des Unternehmens blieb unverändert über die letzte Woche hinweg, was eine vorsichtige Reaktion des Marktes widerspiegelt. Das starke Ergebnis der Erträge dürfte das Anvertrauen der Anleger unterstützen, aber das verfehlte Umsatzziel ist ein Warnsignal. Der Artikel hebt die Bedeutung hervor, sowohl die Gewinn- und Verlustrechnung (Erlöse und Erträge) als auch das Bilanzbuch zu berücksichtigen. Es wird betont, dass die genannten Zahlen auf Basis von Daten der letzten zwölf Monate (TTM) liegen, diese aber einen wertvollen Überblick über die Leistung des Unternehmens bieten. Ebenso wird betont, dass die bereitgestellten Informationen allgemeiner Natur sind und keine Finanzberatung darstellen. Simply Wall St arbeitet mit einer unvoreingenommenen Methodik und befürwortet keine Investitionsentscheidungen. Das Unternehmen hat kein Interesse an MUV2-Aktien.
08.08.25 08:47:00 Munich Re Shares Tumble After Revenue View Lowered on Currency Impacts
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** The company cut its insurance revenue guidance for the year due to business and exchange-rate developments, but backed its profit view. Continue Reading View comments
23.07.25 11:55:00 München Re CEO Wenning in den Ruhestand, CFO bewegt sich nach oben
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** Finanzchef Christoph Jurecka, der seit 2011 für die Gruppe tätig ist, wird am 1. Januar das Ruder übernehmen.. 1.
21.07.25 12:39:11 Investing in Münchener Rückversicherungs-Gesellschaft in München (ETR:MUV2) three years ago would have delivered you a 189% gain
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But in contrast you can make much more than 100% if the company does well. To wit, the Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2) share price has flown 161% in the last three years. How nice for those who held the stock! In the last week the share price is up 1.1%. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Münchener Rückversicherungs-Gesellschaft in München was able to grow its EPS at 9.8% per year over three years, sending the share price higher. In comparison, the 38% per year gain in the share price outpaces the EPS growth. So it's fair to assume the market has a higher opinion of the business than it did three years ago. That's not necessarily surprising considering the three-year track record of earnings growth. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).XTRA:MUV2 Earnings Per Share Growth July 21st 2025 It might be well worthwhile taking a look at our freereport on Münchener Rückversicherungs-Gesellschaft in München's earnings, revenue and cash flow. What About Dividends? As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Münchener Rückversicherungs-Gesellschaft in München, it has a TSR of 189% for the last 3 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! A Different Perspective It's nice to see that Münchener Rückversicherungs-Gesellschaft in München shareholders have received a total shareholder return of 32% over the last year. And that does include the dividend. That's better than the annualised return of 24% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. Before forming an opinion on Münchener Rückversicherungs-Gesellschaft in München you might want to consider these 3 valuation metrics. Story Continues But note: Münchener Rückversicherungs-Gesellschaft in München may not be the best stock to buy. So take a peek at this freelist of interesting companies with past earnings growth (and further growth forecast). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on German exchanges. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments
17.07.25 15:22:00 AM Best Affirms Credit Ratings of Munich Reinsurance Company and Its Subsidiaries
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** AMSTERDAM, July 17, 2025--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa" (Superior) of Munich Reinsurance Company (Munich Re) (Germany) and its subsidiaries. AM Best also has affirmed the Long-Term ICR of "a" (Excellent) of Munich Re America Corporation (Munich Re America) (Princeton, NJ) and its associated Long-Term Issue Credit Ratings (Long-Term IR). The outlook of these Credit Ratings (ratings) is stable. See below for a detailed listing of all companies and ratings. The ratings reflect Munich Re’s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, very favourable business profile and very strong enterprise risk management. Munich Re’s balance sheet strength is underpinned by its risk-adjusted capitalisation that exceeds the level required to support the strongest assessment, as measured by Best’s Capital Adequacy Ratio (BCAR). AM Best expects Munich Re’s risk-adjusted capitalisation to remain at the strongest level, despite the group’s exposure to potentially large losses and its record of substantial dividend payments and share buybacks. In addition, the group benefits from excellent financial flexibility and a relatively low financial leverage with a robust coverage ratio. The group’s operating performance is strong, demonstrated by a net profit of EUR 5.7 billion in 2024 (2023: EUR 4.6 billion) with a return-on-equity ratio standing at 18.1% (as calculated by AM Best). The group’s property/casualty (P/C) reinsurance division, which includes global specialty insurance business in 2024, reported a net profit of EUR 3.2 billion with natural catastrophe and man-made losses largely in line with budget at EUR 3.9 billion. Munich Re's life & health reinsurance division and ERGO reported net profits of EUR 1.7 billion and EUR 0.8 billion, respectively, demonstrating the benefits of the group’s good earnings diversification. Furthermore, increased investment results contributed significantly to Munich Re’s annual results. Munich Re is a leading global reinsurer and its business profile benefits from excellent diversification, with the performance of its various life, health and P/C operations largely uncorrelated. Given its global market presence and excellent brand, the group is well-positioned to benefit from improved reinsurance market conditions. The FSR of A+ (Superior) and the Long-Term ICRs of "aa" (Superior) have been affirmed with stable outlooks for Munich Re and its following subsidiaries: Story Continues Great Lakes Insurance SE Great Lakes Insurance UK Limited New Reinsurance Company Ltd. Munich Reinsurance America, Inc. The Princeton Excess and Surplus Lines Insurance Company American Alternative Insurance Corporation Bridgeway Insurance Company Munich American Reassurance Company Munich Reinsurance Company of Canada Temple Insurance Company American Family Home Insurance Company American Modern Home Insurance Company American Modern Lloyds Insurance Company American Modern Select Insurance Company American Southern Home Insurance Company American Western Home Insurance Company American Modern Property and Casualty Insurance Company Munich Re of Bermuda, Ltd. Digital Advantage Insurance Company ERGO Insurance Pte. Ltd. The following Long-Term IRs have been affirmed with stable outlooks: Munich Re America Corporation— — "a" (Excellent) on USD 500 million 7.45% senior unsecured notes, due 2026 American Alternative Insurance Corporation— — "a+" (Excellent) on USD 92.5 million 5.0% surplus notes The Princeton Excess and Surplus Lines Insurance Company— — "a+" (Excellent) on USD 20.1 million 5.0% surplus notes This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com. Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on businesswire.com: https://www.businesswire.com/news/home/20250717385568/en/ Contacts Jose Berenguer, CFA Associate Director, Analytics +31 20 808 2276 jose.berenguer@ambest.com Dr. Mathilde Jakobsen Senior Director, Analytics +31 20 808 3118 mathilde.jakobsen@ambest.com Dan Hofmeister, CFA, FRM, CAIA, CPCU Associate Director +31 20 808 3118 dan.hofmeister@ambest.com Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 christopher.sharkey@ambest.com Al Slavin Senior Public Relations Specialist +1 908 882 2318 al.slavin@ambest.com View Comments
15.07.25 08:00:00 CyberCube and Munich Re: Joint experts publish report to advance the insurance industry’s understanding of systemic cyber risks
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** Cybersecurity experts deem widespread malware incidents and severe impact from cloud outage events to be tangible scenarios, judging the effectiveness of mitigation measures. LONDON, July 15, 2025--(BUSINESS WIRE)--CyberCube and Munich Re, both leading providers in their field of cyber risk, analytics and insurance, have published the main findings of a joint study on severe cyber accumulation events and the relative resiliency of organizations to systemic events due to effective mitigation measures. The survey gathered insights from 93 seasoned cybersecurity professionals. The results provide a nuanced view of how systemic cyber events might unfold and of the factors that drive wide variation in risk exposure across firms: Widespread Malware Risk According to the majority of responding experts, a severe malware event could infect a quarter of all systems worldwide, but they agreed in that case only 15% may be fully compromised. Experts do not see an event where more than 50% of the world's systems are completely compromised. Based on the experts’ judgement, another event on the scale of WannaCry and NotPetya would not be seen as surprising. Patch management, network segmentation, and data backups are identified as the most effective mitigations that organizations have against widespread malware attacks. When done effectively, such mitigations can reduce the chance of being affected by a widespread malware attack by 50% to 80% and reduce the financial impacts from such an event by a similar amount. Cloud Risk Cybersecurity experts expect broad cloud outages to last hours to days; outages beyond 72 hours are considered unlikely but not impossible. Findings show at least a medium level of dependency on cloud services across most industries with companies’ business-critical operations increasingly reliant on them. Reliance tends to decrease with increasing company size. Financial losses scale with cloud outage duration: Respondents reported that a single-day outage of their most critical Cloud Service Provider (CSP) would likely result in a financial loss equal to 1% of their yearly revenue. Variation in losses reflect differences in dependency on the cloud, based on an organization’s size, sector, and contingency planning. The most effective mitigation against cloud outages is to establish a multi-region architecture with the CSPs used for critical business applications. Having multiple CSPs was not found to be effective; the option to transfer service from one CSP to another during an outage was seen as unfeasible. Cyber Experts surveyed rate Azure, AWS and Google as the best prepared to mitigate against a major cloud outage and to recover from such an event. Story Continues Emerging and Systemic Risks Experts believe that new technologies will begin to affect the threat landscape at about the same pace that they are being adopted in cybersecurity practices. According to cybersecurity experts, in the near term Industrial and Consumer Internet of Things (IoT) devices pose the biggest concern. Large Language Models (LLMs) are regarded as having an impact now while Artificial General Intelligence (AGI) is seen as a greater concern in five or more years. A fundamental challenge in cyber risk modeling is the deficiency of concrete tail-risk events, such as systemic malware or multi-region cloud outages. The joint survey represents the best attempt to parameterize plausible worst-case scenarios and establish expert consensus. Its objective was to advance market understanding, particularly concerning risk mitigation strategies for systemic cyber events. The results add credibility to CyberCube’s model forecasts and further improve Munich Re's internal model and accumulation risk understanding. Jon Laux, Vice President of Analytics at CyberCube, said: "By sharing the findings of our study on systemic cyber risks, we aim to provide a more nuanced view of how systemic cyber events might unfold and the factors that drive wide variation in risk exposure across firms." Stephan Brunner, Senior Cyber Actuary at Munich Re, said: "Our ambition is to improve the understanding of possible extreme malware and cloud events alongside the effectiveness of mitigation measures by sharing the insights of our study. In collaboration, Munich Re aims to further strengthen expertise on systemic cyber risks and advance cyber accumulation modeling." The research has contributed to a more refined understanding of the relative resiliency of organizations to systemic events and the key variables that influence an organization’s ability to withstand such incidents. These findings represent an important input into CyberCube’s and Munich Re’s evolving view of cyber risk and help inform ongoing enhancements to their modeling approach. CyberCube has incorporated these insights into Version 6 of its risk aggregation platform, Portfolio Manager. Modeling cyber accumulation is a joint effort across the entire insurance industry. For this reason, the key findings of the survey are being published to foster dialogue in the market. This study is the third of its kind, CyberCube and Munich Re plan to conduct another study in 2026. Interested cybersecurity experts are invited to participate. Read the report summarising the full study here – Key insights into systemic cyber risk CyberCube is the leading provider of software-as-a-service cyber risk analytics to quantify cyber risk in financial terms. Driven by data and informed by insight, we have harnessed the power of artificial intelligence to supplement our multi-disciplinary team. Our clients rely on our solutions to make informed decisions about managing and transferring cyber risks. We unpack complex cyber threats into clear, actionable strategies, translating cyber risk into financial impact on businesses, markets, and society as a whole. The CyberCube platform was established in 2015 within Symantec and now operates as a standalone company. Our models are built on an unparalleled ecosystem of data and validated by extensive model calibration, internally and externally. CyberCube is the leader in cyber risk quantification for the insurance industry, serving over 100 insurance institutions globally. The company’s investors include Forgepoint Capital, HSCM Bermuda and Morgan Stanley Tactical Value. For more information, please visit www.cybcube.com or email info@cybcube.com. Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. Munich Re leverages its strengths to promote its clients’ business interests and technological progress. Moreover, Munich Re develops covers for new risks such as rocket launches, renewable energies, cyber risks and artificial intelligence. In the 2024 financial year, Munich Re generated insurance revenue of €60.8bn and a net result of €5.7bn. The Munich Re Group employed about 44,000 people worldwide as at 31 December 2024. For more information, please visit www.munichre.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20250715840740/en/ Contacts For media inquiries, please contact: CyberCube: Yvette Essen, Head of Communications & Market Engagement, yvettee@cybcube.com, +44 (0)7956 877 206 Munich Re: Irmgard Joas, Group Media Relations, ijoas@munichre.com, +49(0)89 3891 6188 View Comments
01.07.25 14:38:00 AM Best to Host Briefing on Evolution of Cyber Insurance Market
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** OLDWICK, N.J., July 01, 2025--(BUSINESS WIRE)--A panel of AM Best analysts and cyber insurance experts will discuss evolving threats in the cyber space and how companies and insurers are working together to reduce losses during an AM Best-hosted briefing scheduled for July 23, 2025, at 11:00 a.m. EDT. Panelists include Oliver Brew, cyber practice leader, Lockton Re; Bob Parisi, head of cyber solutions, Munich Re; Fred Eslami, associate director, and Christopher Graham, senior industry research analyst, both of AM Best. A recent Best’s Market Segment Report on the cyber insurance market found that underwriting strategies are responding to the improved sophistication of cyber-attacks through increased caution, as evidenced by a first-ever annual decline in cyber premiums. During the briefing, the panel will also discuss the future trends in cyber insurance, including how to expand the market, pricing strategies and the latest in underwriting tactics. To register and learn more about the briefing, click here. The Best’s Market Segment Report, "US Cyber: Pricing Cuts Bring First Ever Reduction in Direct Premiums Written," is available at http://www3.ambest.com/bestweek/purchase.asp?record_code=354887. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com. Copyright © 2025 by A.M. Best Company, Inc.and/or its affiliates. ALL RIGHTS RESERVED. View source version on businesswire.com: https://www.businesswire.com/news/home/20250701440958/en/ Contacts Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 christopher.sharkey@ambest.com Al Slavin Senior Public Relations Specialist +1 908 882 2318 al.slavin@ambest.com View Comments
01.07.25 13:59:00 ERGO Successfully Finalizes the Full Acquisition of NEXT Insurance
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** DÜSSELDORF, Germany, July 01, 2025--(BUSINESS WIRE)--ERGO Group AG ("ERGO") today announced the successful completion of the full acquisition of NEXT Insurance by Munich Re Group. Consequently, NEXT Insurance is now embedded within the management structure of ERGO, the major primary insurance business of Munich Re. All conditions required for the closing of the transaction have been satisfied by the companies according to schedule, including the required regulatory approvals. Through this transaction, ERGO enters the world’s largest insurance market, tapping the appealing U.S. small and medium-sized businesses (SMB) segment. NEXT Insurance will complement ERGO’s business capabilities through its proprietary technology stack and its fully digital, automated underwriting/pricing platform. In turn, ERGO will support NEXT Insurance’s business growth by leveraging its technical excellence and insurance know-how. "Today’s transaction closing represents an important milestone in establishing ourselves as a relevant insurance provider in the USA. Together with NEXT Insurance, we will seize the considerable growth potential offered by this attractive market as we expand our existing business portfolio. Through the combination of NEXT Insurance’s technologically driven, successful market approach and ERGO’s insurance expertise, we will deliver profitable growth and added value for all our stakeholders," comments Markus Rieß, Chief Executive Officer of ERGO Group AG. Founded in 2016 and headquartered in Palo Alto, California, NEXT Insurance is a leading technology-first Property & Casualty insurer focusing on the specific needs of U.S. small business owners. The company offers simple, digital insurance coverage, including General Liability and Workers’ Compensation. Since its creation, NEXT Insurance has witnessed significant growth and generated a top line of $548 million in 2024. Today, the company serves more than 600,000 customers and counts around 700 employees. The signing of the definitive agreement by Munich Re and NEXT Insurance was announced on March 20, 2025. The definitive agreement had been concluded at a valuation of $2.6 billion for 100 percent of NEXT Insurance’s shares. Prior to the transaction, ERGO Group AG was already a major shareholder of NEXT Insurance, holding around 29 percent of the company’s outstanding share capital. The initial announcement can be found here. About ERGO Group AG ERGO is one of the major insurance groups in Germany and Europe. The Group is represented in over 20 countries worldwide, with a focus on Europe and Asia. ERGO offers its retail and corporate customers a broad product portfolio in all the main classes of insurance as well as comprehensive assistance and other services. Three units operate under the umbrella of ERGO Group AG: ERGO Deutschland AG, ERGO International AG and ERGO Technology & Services Management AG. The German and international businesses as well as the global management of IT and technology services are organized in these units. About 37,000 people work either as salaried employees or self-employed sales representatives for the Group. In the 2024 financial year, ERGO generated insurance revenue of 20.8 billion euros and a net result of 791 million euros. ERGO is part of Munich Re, one of the world's leading reinsurers and risk carriers. More at www.ergo.com. Story Continues About NEXT Insurance NEXT Insurance is a leading digital insurer transforming small business insurance with simple, digital coverage tailored to the self-employed. Trusted by over 600,000 business owners, NEXT offers policies that are easy to buy and provides 24/7 access to purchasing and servicing, including Certificates of Insurance, additional insured, and more, with no extra fees. Revolutionizing a historically complicated insurance industry, NEXT utilizes AI and machine learning to simplify the purchasing process. Founded in 2016, the company is headquartered in Palo Alto and has received over $1 billion in venture capital funding. The company has also been recognized by CNBC Disruptor 50, Forbes Fintech 50, Inc.'s Best-Led Companies, and Forbes Best StartUp Employers. For more information, visit NEXTInsurance.com. Stay up to date on the latest with NEXT on X, LinkedIn, Facebook and our blog. Disclaimer This media information contains forward-looking statements that are based on current assumptions and forecasts of the management of ERGO Group. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments. View source version on businesswire.com: https://www.businesswire.com/news/home/20250701573954/en/ Contacts Media Contacts: Mirko-Alexander Kahre ERGO Group AG Head of Global Corporate Communications ERGO-Platz 1 40477 Düsseldorf Phone: +49 211 477-3025 Mobile: +49 173 3869 166 Mirko-Alexander.Kahre@ergo.de media-relations@ergo.de Anat Harel NEXT Insurance, Inc. Director, Digital Marketing 975 California Ave Palo Alto, CA 94304 650-512-7303 pr@nextinsurance.com View Comments
26.06.25 11:17:04 ERGO schließt Fusion der nordischen Versicherungsaktivitäten ab.
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!** Die zur MÃ?nchener RÃ?ck gehörende ERGO-Gruppe hat die Fusion ihrer dÃ?nischen Reiseversicherungsgesellschaft Europæiske Rejseforsikring und ihres norwegischen KrankenversicherungsgeschÃ?fts, ERGO Forsikring, abgeschlossen. Mit dieser neuen Struktur werden wir unser Dienstleistungsangebot erweitern und einen erheblichen Mehrwert für unsere Kunden und Partner schaffen.6 Mrd. (â¬2.22 Mrd.). Sie stellen keine Beratung dar, auf die Sie sich verlassen sollten, und wir geben keine ausdrückliche oder stillschweigende Zusicherung, Gewährleistung oder Garantie in Bezug auf ihre Richtigkeit oder Vollständigkeit.. Sie müssen professionellen oder fachlichen Rat einholen, bevor Sie auf der Grundlage des Inhalts unserer Website Maßnahmen ergreifen oder davon absehen..