Munich RE traded at 508.60 this Friday October 2nd, increasing 9.80 or 1.96 percent since the previous trading session. Looking back, over the last four weeks, Munich RE gained 3.67 percent. Over the last 12 months, its price fell by 7.86 percent. Looking ahead, we forecast Munich RE to be priced at 495.12 by the end of this quarter and at 456.79 in one year, according to Trading Economics global macro models projections and analysts expectations.
Muenchener Rueckversicherungs Gesellschaft AG in Muenchen is a Germany-based company engaged in reinsurance and insurance business. The Company divides its operations into five segments: Life and health reinsurance, which includes global life and health reinsurance business; Property-casualty reinsurance, which includes global property-casualty reinsurance business; ERGO Life and Health Germany, which includes German life and health primary insurance business, German property-casualty direct insurance business, and global travel insurance business; ERGO Property-casualty Germany, which includes German property-casualty insurance business, excluding direct business, and ERGO International, which includes ERGO’s primary insurance business outside Germany.