Published by Global Banking & Finance Review®
Posted on July 21, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleMunich Re reported a Q2 profit of €2.1 billion, surpassing expectations and maintaining its full-year target of €6 billion.
FRANKFURT (Reuters) -The German reinsurer Munich Re said on Monday that its second-quarter profit was significantly above analyst expectations, helped by low claims for losses.
The reinsurer said net profit was around 2.1 billion euros ($2.45 billion) in the second quarter, above a consensus forecast of 1.62 billion euros and 30% above the 1.62 billion it reported a year earlier.
Munich Re, which released the preliminary earnings ahead of schedule, said it would stick to its full-year profit target of 6 billion euros.
It will release more details on August 8.
($1 = 0.8556 euros)
(Reporting by Tom Sims and Alexander Huebner, Editing by Rachel More and Tomasz Janowski)
Net profit is the amount of money a company has earned after all expenses, taxes, and costs have been deducted from total revenue. It is a key indicator of a company's profitability.
A profit target is a specific financial goal set by a company to achieve a certain level of profit within a specified time frame, often used for performance measurement.
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