Hannover Re, Munich Re fall 4% after J.P. Morgan sees weaker reinsurance pricing
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Shares in Hannover Re and Munich Re fell 4.4% and 4.2%, respectively, on Friday after J.P. Morgan downgraded both reinsurers, warning that reinsurance prices could fall further in 2027 following a benign 2026 hurricane season. Still guessing which stocks will…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe downgrade of two German reinsurers signals falling prices and possible margin pressure across the sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01J.P. Morgan downgraded Hannover Re to underweight and Munich Re to neutral.
- 02Property catastrophe cover prices fell 12% at January 2026 renewals and 15% at mid-year.
- 03The bank expects further declines in January 2027 after a benign hurricane season.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Hannover Rück SE292.40 EUR-0.20%today -4.57%Negative Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München571.80 EUR+0.11%today -3.83%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets