MUNICH REINSURANCE MURGFTOP PICKJul 10, 2026Stock price when the opinion was issued
As of Jul 20, 2026. Market Open.
Companies in this space will go to, say, SunLife and buy 10% of their flood exposure. Active globally, based in Germany, 140 years old. 3.5% yield that rises each year. Add some share buybacks regularly. Add rising interest rates. This will increase reinsurance rates. (Analysts' price target $248.22)
Total return over last 10 years is north of 18% annualized. Annual dividend increases and share buybacks. Credit-rating upgrade. Interest rate cycle has been positive, as has the effect of the runup in equity markets this year.
(Analysts’ price target is $559.05)Very conservative business, utilizing AI tools for both risk and claims management. Great company. Financials outside Canada are trading at significant discounts. (Price target in euros.) Yield is 4.75%.