Munchener Ruckversicherungs-Gesellschaft AG

MUV2: XETR (DEU)
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Munich Re Earnings: Betters Our Full-Year Estimates, but We Believe Shares Are Overvalued

Munich Re posted 2024 results that were broadly in line with company-compiled consensus. The results were ahead of our full-year forecast, but we believe these strong numbers are because of a hard market that is softening.

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