Munich Re. Secret Winner of the Cybersecurity Challenge. Chart Technical Rally Signal!

In the German market, reinsurers are interesting. Hannover Re and Munich Re are entering new upward trends. The valuations are attractive. Munich Re is valued with a PER26e of 11 and is expected to pay a dividend yield of 4.6%. It is important that the reinsurers should cope well with the high interest rates. The business model of a reinsurer works simply as follows: Munich Re receives insurance premiums from primary insurers. This money can be immediately invested in the capital market, for example, in government and corporate bonds. Claims often...