[REVISION HISTORY]

Munich Re financial performance and stock trend

Updated 4 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-10 11:02 UTC → 2026-08-18 16:31 UTC · added ~~removed~~

In mid‑July 2026 Munich Re’s shares regained momentum, breaking above the 100‑day moving average and retaking the €507.20 support level, with the next hurdle near the 200‑day average at €524.16. The insurer’s 2024 results, released shortly after, confirmed disciplined underwriting, higher gross premiums and a solid loss‑cost ratio, prompting a dividend increase to a high‑single‑digit or low‑double‑digit euro amount per share and underscoring a strong solvency position. Provisional Q2 2026 figures announced at the end of July showed a net profit of €2.2 billion, well ahead of forecasts, driven by a low large‑loss burden in casualty‑and‑accident lines and a €300 million contribution from ERGO. The group had already booked €3.9 billion in profit for the first half‑year, about 62% of its €6.3 billion annual target, and the CEO described the trajectory as “very good.” The CFO warned of possible premium‑price pressure in July, and the share price slipped modestly after the earnings beat. On 7 August, Munich Re revised its 2026 revenue outlook, lowering the insurance revenue target to €62 billion (from €64 billion) and the reinsurance revenue target to €38 billion (from €40 billion) after a 9.1% drop in July renewal volume and a 5.5% price decline. Despite this, the company reported a strong half-year net result of nearly €4 billion, keeping it on track to meet its €6.3 billion annual profit target. ~~To maintain profitability, the firm is systematically choosing not to renew business that fails to meet specific pricing and profitability expectations.~~ Following these reports, Munich Re shares declined by 1.64% to close at €514.60. ~~This dip has led market observers to question if the stock, which is currently 15.83% below its 52-week high, is entering a broader market correction.~~ By 9 16 August, reports reaffirmed that Munich ~~Re’s strong performance, noting~~ Re achieved a ~~quarterly~~ record profit of ~~approximately €2.2 billion.~~ €3.9 billion for the first six months of the year, despite the slight downward adjustment to its full-year insurance revenue outlook.

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