Muv2 Xe News Today

By Helena Smolak Munich Re's profit fell in the final quarter of 2023, partly due to Hurricane Otis, but beat market expectations as the company recovered...

By Pierre Bertrand Natural disasters caused around $250 billion in damages in 2023, amounting to $95 billion in insurance losses, according to Munich Re's...

Severe convective storms destroyed $76 billion in assets in North America and Europe

By Helena Smolak Munich Re is targeting a higher net profit for 2024 than what it expects for this year, broadly in line with analysts' forecasts. The German...

By Pierre Bertrand Munich Re said net profit rose in the third quarter and it confirmed the raised guidance for 2023. The German reinsurer said Wednesday...

High ESG ratings—for bonds as well as stocks—mean risk reduction, says Bob Smith, president and chief investment officer of Sage Advisory, who began his career rating bonds at Moody’s. “Like on the equity side, you’re buying quality, stability, safety, the ability to withstand adversity,” says Smith. Indeed, higher-rated ESG bonds performed better during this year’s crisis, similar to how they performed during the 2012 European sovereign debt crisis and the 2016 energy crisis, ac...