Global reinsurer Munich Re has today announced a rise in insurance revenue from contracts issued to €15.1 billion for the first quarter of 2024, driven by organic growth in its reinsurance business and also at ERGO International.
Last month, Munich Re pre-announced a net profit of €2.1 billion for Q1 2024 and a reinsurance combined ratio of 75.3% in property and casualty (P&C), and a total technical result in life and health (L&H) of €586 million.
