Munich Re (0KFE.L,MUV2.DE) reported that its first quarter net result increased to 1.71 billion euros from 1.09 billion euros, prior year. Total technical result rose to 2.68 billion euros from 2.05 billion euros. The operating result rose to 2.23 billion euros from 1.46 billion euros. Net financial result was 139 million euros compared to a loss of 95 million euros, last year.
Insurance revenue from insurance contracts issued fell to 15.02 billion euros from 15.81 billion euros, prior year, mainly due to adverse currency translation effects.
Munich Re said it is aiming to generate a net result of 6.3 billion euros for fiscal 2026.
At last close, Munich Re shares were trading at 499.30 euros, down 0.54%.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.